An initial screening process to ensure companies fit with the fund’s views on any sectors, geographies, and/or stageAn estimation of the Total Addressable Market sizeA review of the strengths and weaknesses of the founding teamAssessment of the product and relevant KPIs and metricsUncover if there are any potential competitive advantages being developedA review of financial projections for reasonability and soundness

Andrew Chen

Crossing the Chasm (Moore), Invisible Influence (Berger), Atomic Habits (Clear), Platform Revolution (Choudary), The Culture Code (Coyle), Machine, Platform, Crowd (McAfee), and How To Create A Mind (Kurzweil).

The billionaire, who also oversees tunnelling enterprise Boring and brain chip venture Neuralink, will have his multitasking abilities put to the test when Twitter becomes the latest spinning plate in an already precarious collection. The question for shareholders in Tesla, still the only direct publicly listed avenue for investors wanting exposure to Musk, is to what extent his latest curiosity will distract him.

“What we are hearing suggests that [Tesla] is running so well that Musk isn’t or doesn’t need to be involved day-to-day.”Once a struggling start-up that fumbled efforts to mass produce its cars, the business has matured almost beyond recognition.

Musk manages his time with a forensic level of detail, according to several people who have worked for him

Elon Musk’s public attacks on Twitter’s top executives have led to fears among its staff of a wide-ranging clear-out at the social media company once the Tesla chief’s $44bn takeover is completed.

He has singled out senior figures for criticism, including Twitter’s policy chief Vijaya Gadde and deputy general counsel Jim Baker, despite Musk signing a “non-disparagement clause” in an apparent attempt by the board to rein in the tech entrepreneur's erratic Twitter posts that have often challenged company policies.

The friction between Musk and Twitter bosses also exposes a divide in the competing visions of the future of the platform. The new owner’s position as a “free speech absolutist” appears at odds with attempts by Twitter executives to enforce tighter content moderation and protect its $4.5bn-a-year advertising business.

Intel issued a downbeat revenue and earnings forecast for the current quarter as coronavirus pandemic lockdowns in China and the war in Ukraine combined to hit the outlook for PC sales.The news, which wiped 5 per cent from Intel’s share price in after-market trading, came as investors have been looking for clues about whether the surge in demand in the broader chip industry has been starting to weaken.

Intel, the biggest US chipmaker by revenue, said it expected revenue of $18bn in the three months to the end of June, compared with Wall Street forecasts of $18.4bn. Pro forma earnings are expected to be 70 cents, it added, lower than the market’s forecast of 83 cents.

However, Intel stuck to its revenue guidance for the year as a whole and Pat Gelsinger, chief executive, said it had “executed well” against the turnround strategy he put in place last year.

Amazon recorded its slowest-ever revenue growth in the first quarter amid a drop in online retail sales and heavy costs, and said its aggressive push to expand during the coronavirus pandemic had left it overstaffed and with excess capacity.

The worse than expected performance came as the company grappled with supply chain issues, elevated staffing costs and inflation.

“As inflation and cost increases persist, shoppers are pulling back on purchasing, especially discretionary purchasing, which is disproportionately ecommerce.”

Apple executives warned that the group could sustain a hit of up to $8bn in the current quarter from headwinds including supply chain shortages and factory shutdowns in China, underscoring how the challenges posed by the pandemic are far from over for the world’s most valuable company.

“Supply constraints caused by Covid-related disruptions and industry-wide silicon shortages are impacting our ability to meet customer demand for our products,”

“We expect these constraints to be in the range of $4bn to $8bn, which is substantially larger than what we experienced during the March quarter,”

Elon Musk has raised $8.5bn from selling part of his stake in Tesla, boosting his cash position ahead of his planned purchase of Twitter.

The electric car maker’s share price slumped in the wake of news of the deal, with the drop blamed on concerns about potential share sales by Musk to finance the acquisition, though it also came amid a sharp fall in the wider stock market.Musk sought to head off worries that the sales would be the start of a spate of divestments, writing on Twitter after the first filings were published on Thursday: “No further TSLA sales planned after today.” Regulatory filings disclosing $4.5bn of the sales came late on Thursday, with the rest early on Friday.Musk did not say how long he would hold off selling any more Tesla stock, or whether his plans would change in the future, leaving open the question of whether or when he would return to the market to raise more money. The terms of the Twitter deal require him to come up with about $21bn in cash, though it is not expected to close for another six months.

The sales of almost 9.7mn shares, made at prices ranging from $822 to $999 a share, were the first by the Tesla chief since a burst of selling late last year that raised more than $16bn.

The creators of the Bored Ape Yacht Club are set to generate as much as $300mn worth of crypto in “metaverse” land sales this weekend, in what is expected to be the largest ever non-fungible token launch.

Andreessen Horowitz-backed Yuga Labs plans to sell NFT “deeds” for up to 55,000 plots of virtual land in the Otherside, its forthcoming metaverse game, starting on Saturday.

Each deed, which will give the holder rights to land within a game that has not yet been released or even widely previewed, will cost 305 ApeCoin — the cryptocurrency launched by Yuga and its partners last month — or more than $6,000.

Twitter admitted to overstating its audience figures by almost 2mn users for around three years, as it reported its first quarterly results since the social media company agreed a $44bn buyout from Tesla chief Elon Musk. It is the second time that Twitter has miscalculated its user numbers, after discovering in 2017 that a similar error had gone unnoticed for three years.

Twitter’s monetisable daily active users (mDAU), its unique metric for tracking its audience, came in better than investors expected at 229mn, with year-on-year growth of 6.4 per cent in the US and 18.1 per cent in the rest of the world.

Twitter also revealed what it described as an “error” introduced in the first quarter of 2019 that “resulted in an overstatement of mDAU” that went undiscovered for almost three years.