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Startup Archive
Steve Jobs on how Heathkits changed how he saw the world
Jobs recalls a Hewlett Packard engineer named Larry Lang moving in down the street from him when he was only 6 or 8 years old and introducing him to Heathkits.
“Heathkits were these products you would buy in kit form… They would come with detailed manuals on how to put this thing together, and all the parts would be laid out in a certain way and color coded. And you’d actually build this thing.”
Jobs explains that this was formative in his development in several ways:
“It gave one an understanding of what was inside a finished product and how it worked… But maybe more importantly, it gave one the sense that one could build the things one saw around oneself in the universe. You see, these things were not mysteries anymore. When you looked at a television set, you would think, ‘Well I haven’t built one of those but I could. There’s one of those in the Heathkit catalog, and I built two other Heathkits, so I could build a television set.’”
He continues:
“Things became much more clear that they were the results of human creation, not these magical things that just appeared in one’s environment… It gave one a tremendous degree of self-confidence that through exploration and learning, one could understand seemingly very complex things in one’s environment.”
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Steve Jobs on how Heathkits changed how he saw the world
Jobs recalls a Hewlett Packard engineer named Larry Lang moving in down the street from him when he was only 6 or 8 years old and introducing him to Heathkits.
“Heathkits were these products you would buy in kit form… They would come with detailed manuals on how to put this thing together, and all the parts would be laid out in a certain way and color coded. And you’d actually build this thing.”
Jobs explains that this was formative in his development in several ways:
“It gave one an understanding of what was inside a finished product and how it worked… But maybe more importantly, it gave one the sense that one could build the things one saw around oneself in the universe. You see, these things were not mysteries anymore. When you looked at a television set, you would think, ‘Well I haven’t built one of those but I could. There’s one of those in the Heathkit catalog, and I built two other Heathkits, so I could build a television set.’”
He continues:
“Things became much more clear that they were the results of human creation, not these magical things that just appeared in one’s environment… It gave one a tremendous degree of self-confidence that through exploration and learning, one could understand seemingly very complex things in one’s environment.”
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InsideArbitrage
Battalion Oil $BATL terminated the merger with Fury Resources -
🛢️The deal was not completed before the outside date of December 19, 2024, so the company chose to terminate the merger agreement.
🛢️Under the agreement, Battalion Oil is allowed to keep the $10 million already released from the Escrow Account on January 24, 2024.
🛢️Fury Resources must pay an additional $15 million within two business days of receiving the Termination Notice.
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Battalion Oil $BATL terminated the merger with Fury Resources -
🛢️The deal was not completed before the outside date of December 19, 2024, so the company chose to terminate the merger agreement.
🛢️Under the agreement, Battalion Oil is allowed to keep the $10 million already released from the Escrow Account on January 24, 2024.
🛢️Fury Resources must pay an additional $15 million within two business days of receiving the Termination Notice.
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Stock Analysis Compilation
Sohra Peak on Dino Polska $DNP PL
Thesis: Dino Polska’s resilience amid temporary headwinds, supported by new stores and wage-driven demand recovery, positions it for strong growth.
(Extract from their Q3 letter) https://t.co/GLW3enr6QM
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Sohra Peak on Dino Polska $DNP PL
Thesis: Dino Polska’s resilience amid temporary headwinds, supported by new stores and wage-driven demand recovery, positions it for strong growth.
(Extract from their Q3 letter) https://t.co/GLW3enr6QM
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Quiver Quantitative
RT @InsiderRadar: 🚨New CEO Insider Purchase
The CEO of $HPP has reported the purchase of ~$143K of the company's stock, increasing his ownership stake by 9%.
This is the second insider purchase he has disclosed in the last month, as he disclosed a $176k purchase at the end of November. The stock is down ~20% from his last purchase.
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RT @InsiderRadar: 🚨New CEO Insider Purchase
The CEO of $HPP has reported the purchase of ~$143K of the company's stock, increasing his ownership stake by 9%.
This is the second insider purchase he has disclosed in the last month, as he disclosed a $176k purchase at the end of November. The stock is down ~20% from his last purchase.
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InsideArbitrage
Brazil’s Suzano $SUZ is exploring an offer for Clearwater Paper $CLW - Bloomberg
📜The company is working with an adviser as it seeks to reach an agreement.
📜In May earlier this year, Suzano approached International Paper $IP to express interest in a potential all-cash acquisition valued at nearly $15 billion. However, after multiple discussions, Suzano ultimately decided not to move forward with making an offer.
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Brazil’s Suzano $SUZ is exploring an offer for Clearwater Paper $CLW - Bloomberg
📜The company is working with an adviser as it seeks to reach an agreement.
📜In May earlier this year, Suzano approached International Paper $IP to express interest in a potential all-cash acquisition valued at nearly $15 billion. However, after multiple discussions, Suzano ultimately decided not to move forward with making an offer.
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App Economy Insights
🔮 Fortune’s 'Future 50' is out.
Let's visualize 3 of the 2024 winners.
Can they keep the momentum? 📈
What sets them apart?
Let’s dive in 👇 $TEAM $RBLX $KVYO
https://t.co/isLWOzlOdv
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🔮 Fortune’s 'Future 50' is out.
Let's visualize 3 of the 2024 winners.
Can they keep the momentum? 📈
What sets them apart?
Let’s dive in 👇 $TEAM $RBLX $KVYO
https://t.co/isLWOzlOdv
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