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Together With:

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Hi there, 👋

How are you doing?
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How is Elon Musk doing after selling $1.1 billion worth of shares to satisfy his tax obligations?
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A regulatory filing from late yesterday shows that Musk made the sale as he exercised stock options the same day to acquire more than 2 million shares.
Those shares would have been valued at more than $2.3 billion at the market’s close on Wednesday.
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Billionaire problems...
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​In this issue:

• Investor Disrespect
• The Best Place To Stay Rich
• The Ethereum Killer
• Financial Metrics for Founders

In the snippets: $15M to track crypto shenanigans, women investors outperform men, and calculating ROI.

Read on for more.
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As always, thanks for being here.
Juliet Lyall

P.S. This list of the 100 Best Inventions of 2021 may provide some inspiration for your next startup - or investment - idea.
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Disrespect

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There’s absolutely no cause to be disrespectful to another investor who has a different view.
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The truth is that you gain a tremendous advantage when you foster positive relationships with like-minded individuals who cheer you on - not drag you down.
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"A total and complete stranger doesn’t have to share your investment beliefs. Doesn’t have to agree with your opinions about the right way to trade or the right investments to hold."
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"That difference in opinion is not a repudiation of your beliefs. It is not making a mockery of your philosophy. It’s not a challenge to your wisdom or a taunt about your positions. If you believe it to be, your mind is playing tricks on you."
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​"You’re not in a one-on-one competition with any other investor, unless you count the only real competitor – your own self."​
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​Read on.​
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Find B2B Info

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​Ricochet is a chrome extension that will speed up your research and help you qualify the value of your leads.
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You'll see a company's profile and investment data, as well as gain insights into employee size, markets, and more.
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​Useful for: Sales teams, recruiters, marketers & general research.
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Ricochet opens on any business website or Twitter profile.
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Get accurate B2B data - FREE.
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Together With MicroAcquire​
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Ready to Pilot Your Next Rocket? 🚀

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​You don’t have to go from zero to one to build a profitable business. Save years of grinding and MicroAcquire one instead.
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You’ll find 1,000s of vetted startups on MicroAcquire across SaaS, ecommerce, and more.
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Apply your skills and experience to a healthy, growing startup and earn profits from day one.
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You can even finance your acquisition with Pipe or Clearco.
💸 No debt. No dilution. No problem!​
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​Join over 100,000 entrepreneurs who love acquiring startups on MicroAcquire:

• $800 million in listing revenue
• 500+ successful acquisitions
• 40+ 5-star reviews on G2​

Browse the listings with a free MicroAcquire buyer account.
Upgrade to a Premium subscription to engage sellers and get access to more business metrics.
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Find a profitable startup, big or small, ready for you to take it to the next level.
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👉 View Listings​
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The Ethereum Killer

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Solana has become the darling blockchain for Silicon Valley investors.
​But why?​
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Inside .com is running a free live webinar on November 17 to discuss:

• Solana 101
• Why is Solana an Ethereum killer?
• How scalable is SOL?
• Solana Projects and NFTs

Related: Faraway, a blockchain gaming startup based in Miami, has closed a $21 million Series A funding round to support the launch of its Solana-based live multiplayer game.
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The Best Place To Stay Rich

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​Did you know that South Dakota is now one of the world's best tax havens?

According to Oliver Bullough of The Guardian, a South Dakota trust is "the most potent force-field money can buy."​
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​Here's why:

• South Dakota has no income tax, no inheritance tax, and no capital gains tax.
• The process requires three parties: a settlor, a trustee, and a beneficiary. Through the trust, a "settlor" gives assets to a "trustee" in South Dakota to look after and invest for a "beneficiary, usually a direct relative of the settlor."
• All three parties can legally claim that the money isn't theirs.
• The settlor and the beneficiary never have to set foot in South Dakota.

South Dakota also allows perpetual trusts, which mean that money that can remain untouchable and non-taxable for centuries.
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US politicians like to boast that their country is the best place in the world to get rich, but South Dakota has become something else: the best place in the world to stay rich.
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​Interesting fact: The United States is the only major country not to sign on to the Common Reporting Standard (CRS), meaning they do not need to inform other governments about assets held by foreigners.
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​Full story.​
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Reddit Meets Snapchat

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​ReNett is a mobile video forum.
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The startup is developing a new space for communication in communities via group video messaging (asynchronous group video chatting).
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You can create your own community and gather like-minded people to discuss the latest topics, or join an existing one and start communicating using short video messages.
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ReNett also offers a plugin for video comments on your website. This allows you to see live comments and chat with your audience on your site.
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The application is currently in beta testing and is available on Google Play & the AppStore.
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Know These Financial Metrics

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Being a startup founder doesn’t always mean that you know how healthy your business’s finances are.
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Ali Ladha, says that many businesses fail because founders don't see the full financial picture of their company.
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Check out this thread which explains the financial metrics you should pay attention to.
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Brought to You by Smash Digital​
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🦄 SEOs with Skin in the Game

​Smash Digital - a growth agency, filled to the brim with unicorn images and SEO memes. A team of SEOs with actual skin in the game, ranking their own portfolio of profitable businesses, and offering the exact same services to clients.

An agency with so much link juice you’ll need a mop and bucket to clean it all up.​

​Check. Them. Out.
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✅ Snippets to Send You on Your Way

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🔷 You.com takes on Google: The list of startups taking on Google search is starting to get somewhat lengthy. Brave is at it. So is Neeva. DuckDuckGo has been working on the matter. And now You.com has $20 million to help with its AI-driven search service. Download it and check out the radical interface on display.
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🔷 $15M to track crypto shenanigans: According to TechCrunch, crypto risk monitoring is increasingly big business. Rug pulls, sandwich attacks, front running and flash loan attacks are rife in the crypto world, leading to Solidus Labs raising eight figures for its work in the market. It can detect manipulation and other types of market distortions that people care about, given just how much money is sloshing around the crypto markets these days.
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​🔷 Women investors outperform men: The world of investing has traditionally been seen as a boys' club, but more women than ever are taking the reins of their financial lives, and even outperforming their male counterparts. The Fidelity 2021 Women and Investing Study found that women are laser-focused on how to make their money work for them and are beating male investors by 40 basis points.
​Related: Hedge Funds Run by Women Outperform Market Peers.
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🔷 What is ROI?: Return on investment (ROI) allows you to measure the profitability of your investments. For investors, ROI tends to be calculated in strictly financial terms. How much capital did you invest and how much did you get back? For businesses, ROI is often calculated using different factors. Foundr put together a step-by-step method for calculating ROI, and the formulas to use.
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🔷 Making Ethereum faster: Blockchain startup, Matter Labs, closed a $50 million Series B led by - you guessed it - Andreessen Horowitz. The company has developed a new Ethereum scaling solution that allows traffic to be moved from the central Ethereum blockchain to other chains, making transactions faster and cheaper. Why not just use a different chain? Well, because folks dig Ethereum, and where the developers go, so goes the progress of tech.
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🔷 Mega e-commerce rollup play: Tired of these yet? Investors aren’t. Berlin-based Razor recently announced a $125 million round at a valuation north of $1 billion to keep buying up e-commerce brands. It’s a big play around the world that has raised roughly eleventy-seven gazillion dollars. It's notable that Razor's ambition is to integrate their investments into a wider operation and eventually move away from being wholly dependent on Amazon.
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💴 Money philosophy:

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