flâneur

What I read this week…

chamath.substack.com · 217 words · saved by 1 readers

The business of smuggling, problems at Carta, BP's bet on EVs

Listen to All-In E151: bit.ly/alline151 Caught my eye… Networks of smugglers have built lucrative businesses catering to migrants desperate to reach the U.S., charging up to $5K per person and making $1.7Bn annually. Read more in our analysis on the problems at the southwest border. Carta’s CEO jumped head-first into hot water after sending a surprise email to customers regarding "negative press" about sexual abuse claims against former execs. He then directed them to more details in a Medium post. BP made its biggest EV investment ever in the U.S., purchasing $100mm of Tesla’s…

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