Is it a bubble? Here’s how Howard Marks of Oaktree Capital sees it. “Memories are short, and prudence and natural risk aversion are no match for the dream of getting rich on the back of a revolutionary technology that ‘everyone […]
Stripe research confirms money helps grow businesses. A nearly two-year randomized trial revealed that businesses accepting loans from Stripe Capital “grew annual revenue around 27% faster.” Patrick Collison emphasizes this highlights the persistent issue of capital scarcity for many businesses. […]
What exactly is Production Capital? The term refers to “a wide and growing range of approaches for financing the emerging physical technologies aimed at transforming critical industries like energy, aerospace and defense, manufacturing, materials, and transportation.” This piece sketches a […]
Google brings on the AI deflation. “Google’s latest model underprices the state of the art by 70% to 79%, with very similar levels of performance.” ~ learn more
The Real Housewives of Moscow. Alina Rotenberg’s story provides a glimpse into the lives of Moscow’s élite women, who, while outwardly representing wealth and beauty, face fierce competition in the city’s “battle for men.” “A man values a woman a […]
Luxury wasp nests as home decor. Indoors, these nests transform into striking sculptures that “elevate living spaces” and convey an “air of danger,” according to Anthony Vesnaver of Newburgh Vintage Emporium. Priced up to $250, they’re an unexpected addition to […]
The deepest hole on Earth. Dug by the Soviets in competition with the US, the Kola Superdeep Borehole is “roughly one-third of the way through the outer crust to the mantle.” Sounds deep, I guess, but is that really the […]
I taught an octopus piano (it took 6 months). This Youtube creator has earned some high praise in the comment section: “I work as a behavioral neuroscientist and I can honestly, without hyperbole, say that this is genuinely cutting edge […]
Heating homes with crypto. “I’ve seen bitcoin rigs running quietly in attics, with the heat they generate rerouted through the home’s ventilation system to offset heating costs.” ~ learn more
Crypto scandal in Argentina. “Javier Milei involved the presidential investiture to allow the alleged $LIBRA scam to effectively take place: without his tweet, $LIBRA would not have had the volume of purchases it did.” The congressional report paints a picture […]