Note 04

June 19, 2026

Every time I find a product I like I end up reading about the people behind it. Figma and Dylan Field, who started out as a Thiel Fellow. Anduril and Palmer Luckey. It's almost always an American company. The biggest German companies are Siemens, Bosch and Bayer and they are all more than a hundred years old. We have startups worth a billion or ten. So where are the German companies worth a hundred billion?