📶 traction = distraction

👋 Intro | 👥 Community | 📣 Sponsor | 👀 Fund

Good morning 👋

I have spent the past 48 hours reconfiguring a fund model to align portfolio construction to my vision.

In other words, my brain is cooked.

So instead of breaking down a middle-of-the-fairway venture article, I’d rather break down a more macro idea from one of the smartest people I have found on the internet.

Here goes …

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Today’s highlights

• The distraction death spiral

• Why the liquidity crunch is here to stay

• AI bottlenecks

• Figma is planning to IPO