*´¨`*•.¸¸.•*´¨`*•.¸¸.•by your best friend erin griffith•*´¨`*•.¸¸.•*´¨`*•.¸¸.•
Buddies, is there anything venture capital investors love more than secret societies that place them in the presence of luminaries? I don’t think so! Naturally EGTttHoB™ was very interested in news of the latest one to crop up in San Francisco, ominously and self-importantly called the “The Institute.”
Check out this mission statement:
The Institute, SF Standard reports, is “a salon for great minds to tackle humanity’s biggest challenges.” But where, exactly, does the discourse meet the action?
In a beautiful lounge on the 59th floor of the Salesforce Tower, of course.
The Institute initially planned to charge an initiation fee of $1 million plus annual dues of $60,000.” But now “fellows” who are legitimately distinguished in fields like science, human rights, restaurants, etc., can join and mingle with capital allocators and V.C. thought leaders for free.
The secrecy, according to the Institute’s spokesperson, is so everyone can safely “facilitate open dialogue.” Confidentially.
🤐
In other news
Why not? Russia fined Google a “symbolic” $20 decillion for blocking Russian channels on YouTube.
To grasp the hilarity of that absurd sum, it is:
more than the world’s total net wealth ($477 trillion)
more than the world’s total GPD last year ($105 trillion)
more than a googol ($10 duotrigintillion or $10 sexdecilliard)
“If Google gave Russia everything the world produced this year, every day since the universe began, it would only have paid about 3% of this fine.”
And here’s what it looks like written out:
$20,000,000,000,000,000,000,000,000,000,000,000
🙃
Important Business Matters
Startup everyone’s into: Wait, A.I. is good for Hollywood?
Startup everyone’s over: Oh Intel :(
Reason to go on living: There is a giant sculpture of poop on the National Mall.
Reason to take up residence under your weighted blanket: The schools are banning crocs.
Latest crush: National Treasure Rita Moreno and her hydration strategy:
I keep full glasses of water all around the house, and they all have little Post-its that say, “Drink me, b----,” or “Hydrate, you old crone.”
Latest heartbreak: The work wives are going extinct.
Latest thing the kids are into: Perks grifting while they still can.
Latest thing the olds are into: Microsoft Paint (⬅️ A delightful ode to my favorite software.)
Just LOL: Florida accidentally banned banks from doing business in the state.
a dall-e summary of this newsletter:
rita moreno would love this
*´¨`*•.¸¸.•*´¨`*•.¸¸.•the end•*´¨`*•.¸¸.•*´¨`*•.¸¸.•
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