Dev Chhatbar @devchhatbar
i build stuff. occasionally it works. always thinking about business & tech. devchhatbar.com London, England Joined June 2017-
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i can’t imagine I’ll want to walk around recording my every interaction. I also can’t imagine I’ll want to talk to someone casually recording our conversations (esp on video) this class of device as the new consumer platform is quite uninspiring
This is the most Friday a Thursday has ever felt.
LFG
It's been interesting and puzzling to witness the problems with accuracy in UK economic statistics over the past few years. (See the links in the next tweet for more.) It seems that the Office for National Statistics, ONS, now struggles to effectively measure basic figures such as employment, trade, and inflation. This resulted in a quite scathing government report published last summer, where Robert Devereux, a former permanent secretary, concluded that "most of the well-publicised problems with core economic statistics are the consequence of ONS’s own performance." There's a lot of discussion about the travails facing the UK these days (including this big piece in The Atlantic a few weeks ago[1]), and the problems with the ONS feel like an unsettling microcosm of diffuse decline in broader institutional competence. Anyhow: at Stripe, we became curious about the UK's published entrepreneurship data. While we observe a boom in many parts of the world, official figures don't show a similar increase in the UK. In the latest Stripe Economics post, we dug into the data, and, as far as we can tell, the official figures are probably misleading. The good and the bad news (mostly good, I think!) is that the UK is almost certainly witnessing an unmeasured boom in entrepreneurship: stripeeconomics.com/p/is-the-uk-mi… UK-specific issues aside, I suspect that this measurement question is illustrative of forthcoming econometric challenges. Keeping the world's macro indicators up-to-date in response to the faster-than-usual changes wrought by AI will be both increasingly difficult and increasingly important in the coming years. [1] theatlantic.com/magazine/2026/…
Payments start-up Stripe and private equity group Advent International have launched a joint bid to acquire New York-listed PayPal in a deal that would value the company at about $53bn ft.trib.al/5Ok1qsE
“The safest way to get what you want is to try and deserve what you want.” ~ Charlie Munger
Norway 1 - 2 Jude Bellingham. @jonasgahrstore, your boys took one hell of beating 🏴
it is with great pain and suffering i admit it really is all a mindset thing
I lost a part of my life on both occasions.
Cristiano Ronaldo's World Cup run is over. 🇵🇹 Six tournaments, 27 games, 11 goals, 1️⃣ incredible player. 👏
So… who made it in to work? 😅
I can't believe I'm the same person who used to survive on 1GB data for 30 days
Me looking at the code I written without AI in my prime era
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