In 2009, an unknown investor from Russia came out of nowhere to make one of the greatest late stage venture bets in the history of Silicon Valley. Why did FB choose an outsider to lead our Series D round? Here’s the inside story:
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MF, PMS, AIF , advisory etc.
Every train(strategy) has limited seats for its passengers to enjoy the journey (performance) unless the TT (fund manager) decides to cash in as many tickets as he can and is apathetic towards reduction of the performance like our most popular mutual fund (U know which) !!\U0001f920 pic.twitter.com/febeE3YeeZ
— Alok Jain \u26a1 (@WeekendInvestng) June 12, 2021
- Everything you need to know
- One-stop-shop for all things smart/connected home
- Higher growth & revenue than closest public competitor $LMND/@Lemonade_Inc
Time for a thread 🧵⬇️

Hippo was founded in 2015 by Assaf Wand, an ex-McKinsey consultant and Eyal Navon, serial entreprenuer and software engineer.
Wand's interest in insurance was inspired by his father's lengthy career in the "antiquated" insurance industry. $RTP

After two years of R&D, fundraising, and product development, Hippo launched in April 2017 in California.
The company's marketing was centered on the delivery of a 60-sec quote for insurance policies, transparent process, and smart home integration.
https://t.co/msy9u2ZpST $RTP

By March 2019, with Hippo insurance available to more than 50% of the homeowners in the US, the company reported a 25% month-over-month sales growth and total insured property value of more than $50 billion, with a 93% customer retention rate.
https://t.co/D5AyWgonVp $RTP

Hippo is going after a slightly different market. Most of the new insurance companies have pitched services to renters and city dwellers made up of the mostly millennial demographic, while Hippo is aiming its services squarely at homeowners. $RTP
https://t.co/MYo9HWDmdV

A pleb's guide to using @Keeper_DAO's hiding game to acquire $Rook below market price and arb it like a pro.
Before reading this thread, please read this one to provide a bit of context:
https://t.co/jLeUJRIjLG
Here we go!
1/
Ok I couldn't resist myself...
— 0x_Infinitum (@CryptoMessiah) February 3, 2021
OOOONNEEE more $Rook post.
Before i get into the REALLY cool shit i want to talk about, let me discuss the arb mining mechanics that were present during the initial distribution phase.
See this image, that's the keeperdao treasury.
1/ pic.twitter.com/Z2sMsZN9jo
Before we really get into the meat of this... please do understand that the hiding game is currently in alpha. Hardware wallets don't work w/ it yet (they will soon).
Sometimes orders go unfilled (improving every day).
2/
A bit more context:
Limit orders on an amm aren't limit orders in the traditional sense. They are actually arbitrage opportunities for keepers. Keepers are bots that operate in the dark forest of ethereum.
3/
Now, let's say you use a service like 1inch or matcha to set your limit orders.
Let's say eth is $900 and you want to sell at $1000.
Eth pumps to $1040 rapidly, a keeper fills your limit order for $1000... everyone is happy. But wait... who gets the extra $40 here?
4/
Hint: it's not you! But what if you could?
This is where the hiding game comes in.
https://t.co/6sBlUWfw00
When you submit a limit order through the hiding game, @Keeper_DAO takes the $40 (or w/e amount) referenced above (this is MEV) and pushes it to the treasury.
5/
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I'll begin with the ancient history ... and it goes way back. Because modern humans - and before that, the ancestors of humans - almost certainly originated in Ethiopia. 🇪🇹 (sub-thread):
The famous \u201cLucy\u201d, an early ancestor of modern humans (Australopithecus) that lived 3.2 million years ago, and was discovered in 1974 in Ethiopia, displayed in the national museum in Addis Ababa \U0001f1ea\U0001f1f9 pic.twitter.com/N3oWqk1SW2
— Patrick Chovanec (@prchovanec) November 9, 2018
The first likely historical reference to Ethiopia is ancient Egyptian records of trade expeditions to the "Land of Punt" in search of gold, ebony, ivory, incense, and wild animals, starting in c 2500 BC 🇪🇹

Ethiopians themselves believe that the Queen of Sheba, who visited Israel's King Solomon in the Bible (c 950 BC), came from Ethiopia (not Yemen, as others believe). Here she is meeting Solomon in a stain-glassed window in Addis Ababa's Holy Trinity Church. 🇪🇹

References to the Queen of Sheba are everywhere in Ethiopia. The national airline's frequent flier miles are even called "ShebaMiles". 🇪🇹

One thing I've been noticing about responses to today's column is that many people still don't get how strong the forces behind regional divergence are, and how hard to reverse 1/ https://t.co/Ft2aH1NcQt
— Paul Krugman (@paulkrugman) November 20, 2018
See this thing that @lymanstoneky wrote:
And see this thing that I wrote:
And see this book that @JamesFallows wrote:
And see this other thing that I wrote: