Investing

Dec 1, 2021

Investing on Instinct

Why the best deals are done with no data at all

Oct 8, 2021

I Was Wrong About Olympus

But I will find my way, if I can be strong

Dec 16, 2021

The primary trends I’m investing in next year

Inflation, web3, embedded fintech, investing in people, and the newsletter winter that is coming

Dec 20, 2021

The Web3 Renaissance: A Golden Age for Content

Like this essay and want to support us to create more like it? Consider collecting it as an NFT!In January 1996, Bill Gates published what w

Dec 1, 2020

Should you invest in Wish? An S-1 Analysis

A look inside the S-1 of Wish. Included is the background of Wish, a look at their margins, how the universal postal union is changing their cost structure, how their CAC is rising and if they are viable long-term.

Aug 25, 2020

The Quest for Monopoly

A history of stock market exchanges: from fragmentation to monopoly, monopoly to fragmentation and back again.

Nov 11, 2020

Three Shorts: Fast’s 1b valuation, McPlant’s power move, and Apple’s disruptive M1 chip

Hello! Welcome to Three Shorts, a recurring series where I unpack the strategy behind the news in as few bullet points as possible.Enjoy!Fas

Jan 27, 2022

Will Tokens Replace Equity?

The Weird Future Ahead

Feb 3, 2022

We Have a Winner

The Prediction Game Crowns its Winner

Feb 4, 2022

Field Guide to the Curve Wars: DeFi’s Fight for Liquidity

Curve, Convex, Llamas, Butterflies, Token Reactors, and a Big Bag of Stablecoins

Feb 10, 2022

Is YC the Monopoly It Thinks It Is?

The Pricing Power Flex