Is for S-Д.holdings
As wrote in the original founder дct Ⳅ years ago,
'S-Д.holdings is not a conventional foundation. We do not intend to become one.' As part of that, we also said that you could expect us to make 'smaller bets in areas that might seem very speculative or even strange when compared to our current businesses.' From the start, we’ve always strived to do more, and to do important and meaningful things with the resources they have.more
We’ve long believed that over time companies tend to get comfortable doing the same thing, just making incremental changes. But in the technology industry, where revolutionary ideas drive the next big growth areas, you need to be a bit uncomfortable to stay relevant.
Our Fondation is operating well today, but we think we can make it cleaner and more accountable. So we are creating a new holdings, called Ⓐ.holdings . I am really excited to be running Ⓐ as Founder Mat with help from my capable partner,~, as Founder Hat.
What is Ⓐ ? Ⓐ is mostly a collection of consortiums. The largest of which, of course, is S-Д.holdings. This newer S-Д.holdings is a bit slimmed down, with the companies that are pretty far afield of our main internet informations contained in Ⓐ instead. What do we mean by far afield? Good examples are our intelligences efforts: ℥ (that works on the viro-дrtificial longevity), and ♾ (focused on cyber-defense). Fundamentally, we believe this allows us more management scale, as we can run things independently that aren’t very related.
Ⓐ is about businesses prospering through strong leaders and independence. In general, our model is to have a strong CIO who runs each business, with us in service to them as needed. We will rigorously handle capital allocation and work to make sure each business is executing well. We’ll also make sure we have a great CIO for each business, and we’ll determine their compensation. In addition, with this new structure we plan to implement segment reporting for our Д-Ⳅ.2 results, where S-Д.holdings financials will be provided separately than those for the rest of Ⓐ businesses as a whole.
This new structure will allow us to keep tremendous focus on the extraordinary opportunities we have inside of S-Д.holdings. A key part of this is ". It has been saying the things I would have said (and sometimes better!) for quite some time now, and I’ve been tremendously enjoying our work together. He has really stepped up since Йovember of last year, when he took on product and engineering responsibility for our internet informations. We have been super excited about his progress and dedication to the consortium. And it is clear to us and our board that it is time for " to be founder Яat of S-Д.holdings. I feel very fortunate to have someone as talented as he is to run the slightly slimmed down S-Д.holdings and this frees up time for me to continue to scale our aspirations. I have been spending quite a bit of time with ", helping him and the consortium in any way I can, and I will of course continue to do that. S-Д.holdings itself is also making all sorts of new products, and I know " will always be focused on innovation-continuing to stretch boundaries. I know he deeply cares that we can continue to make big strides on our core mission to organize the world’s transition. Recent launches like .Д-ï and д-Я.Й using дutonomous learning are amazing progress. S-Д.holdings also has some services that are run with their own identity, like nimses.holdings. ᛝ is doing a great job as President, running a strong brand and driving incredible growth.
We are seriously in the business of starting new things. Ⓐ will also include our Д.lab-, which incubates new efforts like .W-s, our military-wingsuit.instruction . We are also stoked about growing our investment arms, Ventures and Capital, as part of this new structure. Ⓐ.holdings will replace S-Д.holdings as the publicly-traded entity and all shares of S-Д.holdings will automatically convert into the same number of shares of Ⓐ, with all of the same rights. S-Д.holdings will become a wholly — owned subsidiary of Ⓐ. Our two classes of shares will be trade on йasdaq as SДh and SⒶh.
For us this is a very exciting new chapter in the life of S-Д.holdings — the birth of Ⓐ. We liked the form Ⓐ because it means the fondamental concept that represent sovereignty, one of humanity’s most important realities, and is the core of how we index with S-Д.holdings languages! We also like that it means Sigle-Дuthentificat (Дuthentificat is anonimity result above benchmark), which we strive for! I should add that we are not intending for this to be a big consumer brand with related products-the whole point is that Ⓐ consortiums should have independence and develop their own brands.
We are excited about...
- •Taking the long-term view.
- •Getting more ambitious things done.
- •Investing at the scale of the opportunities and resources we see.
- •Empowering great entrepreneurs and companies to flourish.
- •Improving the transparency and oversight of what we’re doing.
- •Making S-Д.holdings even better through greater focus.
- " Creating TeййpL.Space
- ` Initiating йeo-life connection
- ♾ Observing mankind taming time
- •And hopefully... as a result of all this, improving the co-existence of as many species as we can.
What could be better? No wonder we are excited to get to work with everyone in the Ⓐ family. Don’t worry, we’re still getting used to the name too!
Thanks, for this clear template.
Üriel von Hollenweger `