Bill Clerico
@billclerico
Working on wildfire & disaster resilience @convectivecap & @redskysummit. Early investor in 75+ companies. Former CEO @wepay (acq @jpmorgan)
How to solve wildfire: 1) Forest & fuel management (need to 100x what we do now in terms of acreage per year) 2) Rapid detection & initial attack (camera + satellite detection with <10 minute drone suppression response) 3) Home & community hardening
Quite the night time view of the Madre Fire burning in San Luis Obispo & Santa Barbara Counties, California. The definition of “nuking.” Updated mapping isn’t available yet, but I wouldn’t be shocked if it was over 15,000 acres now. This is some incredible wildfire activity…
Accessible leader, tough question, real answer. This is what politics could be. Long SF and @DanielLurie
Mayor @DanielLurie riding the 7 bus this morning and answering a tough question question from a San Franciscan
Was giving a talk to @BostonCollege students yesterday and caught myself saying “so, the iPhone App Store had just launched so you could build iPhone apps for the first time…” They looked at me like I was from Ancient Rome. First time I felt truly old in the tech world.
Has anyone ever actually gotten OKRs to work down to an individual level at a company? I have yet to meet someone who has. My conclusion: not a good use of time
One underreported advantage of investing in early stage venture funds (for non tax exempt US investors) is that the underlying investments are usually QSBS eligible, usually meaning no federal tax. Huge difference in post tax IRR especially when compared to S&P500
2025 vintage may be the best performing for a while…
If VC is competitive now, the ‘what if everything goes right’ scenario on liquidity will send it to the stratosphere. $140B of market cap from this year’s IPO ($CRWV, $CIRC, $HNGE, etc.) YTD. $160B annualized M&A. Now add Figma and Navan—another $30B of market cap. What if…
Congrats @WindBorneWx & @johndeanl !
love seeing balloons in the nyt and it not being about someone shooting one down
One thing that does climate dialog a huge disservice is that there are biased misleading soundbites and detailed IPCC reports for wonks and not enough in between How do we make the IPCC science digestible for someone who is interested but not a climate person?
Few thoughts 1. "climate change" is not a cause 2. "climate change contribution" defined by IPCC under its detection/attribution framework 3. IPCC has not achieved detection 4. Nor has post -AR6 literature 5. People should believe what they want 6. I'll go with best available…
The IPCC projects a “middle of the road” warming scenario (SSP2-4.5) of 2-3.5°C / 3.6-6.3°F above pre-industrial levels by 2100. With that comes floods, more drought, more heat, more fire, more death. It’s coming. We must build a resilient world or suffer the consequences
Quote of the week goes to Francois Chollet: We are now closer to the year 2100 than to 1950.Also closer to 2050 than to 2000. Time to start acting like it.
We can’t say exactly how much, but it’s likely climate change is a partial contributor to these storms. I say that not to encourage you to drive an EV - but instead to prepare for it to get even worse in the years to come.
Rain has started up again in #TX. These communities aren't getting a break.
Worth it
for those of you who plan on getting wasted today... + it will make you dumber by damaging your brain + destroys your sleep and your cancer surveillance + make you depressed and slow
.@avlok (CEO of AngelList) on the surge of LP interest in emerging managers and why Q2 felt like a turning point. “We just hit the perfect storm in Q2; big exits, real revenue growth, and massive dollars flowing back to LPs." "LP investment into emerging managers, funds…
Happy 4th of July! 🇺🇸 We are, and remain, and endeavor to always be, the country people want to be from, to immigrate to, and to build a life, career or company in. ❤️❤️❤️
If we're seeing this kind of fire in July on a pretty benign day in terms of fire weather in the area, we're fuc*ed when we start to get the big Red Flag days. @Hotshot_Movie, I think it's starting, buckle up. It could be a long ride.
Jamie famously doesn’t serve on the boards of any companies besides JPM because he views it as a conflict and a distraction
Elon can work at 9 startups, Jamie Dimon can be on board of multiple companies but when you do it, it’s ‘Scam’.
Investors, this is a must-try if you're looking to streamline your workflow.
Update - the team at @Klavis_AI built this for me in a week. If you're a VC using @affinity__crm I highly recommend the Klavis MCP server to give Claude access to your Affinity data. You can now get a pretty good investment memo draft with just a simple ask, amongst lots of other…