Finance

JUST IN: NYSE to launch 24/7 US stock trading through new on-chain tokenized exchange.

small life update! i’ve joined Andreessen Horowitz’s @a16z venture scout program! they are essentially letting me manage a little bit of money to write checks into startups. super grateful for the opportunity and excited to begin my angel investing career with the institutional backing of a firm as storied as Andreessen Horowitz (early into facebook, twitter, airbnb, lyft, slack, coinbase and many more) big thank you to @dhaber for the connection and opportunity i’ve had a little success with investing in public equities, I have no idea if any of those skills could translate to the private markets. investing at pre-seed/seed requires a different paradigm as there are no numbers, financials, track-record, and quite frankly there may not even be a product – it really is a bet on the founder and their vision. having said that, if you are building something really cool and raising money, I’d love to hear about it. please email amit@akcomms.com. you can include anything you have whether that is a deck, one pager, etc. i’ve also built out a website that anyone can read to get a sense of how i think of investing in general and the 5 startups I’ve invested in over the past year (one has 20x’ed, one has 10x’ed, the other 3 just finished their seed round last month) no clue if I will be good at this but I appreciate a16z for the opportunity and hopefully we can try to find the next uber or robinhood being built in the early days – excited to see any pitches and please don’t hesitate to reach out! angel investing philosophy below!

Europeans are shifting from Stripe to Polar I already have all the code ready for Stripe that can be reused. Is it worth switching to Polar just for tax handling?

Breaking News: SpaceX offered to buy shares from employees in a deal that would value it at around $800 billion as it prepares to go public.

Welcome to "Situation Monitor" > Global Activity Monitor > @tbpn livestream > Intel Feed > Tech/Finance/Politics newsfeed > Stocks/Crypto > @Polymarket predictions > Tech layoffs tracker > AI Race news > Is the Fed printer on? > Venezuela + Greenland https://hipcityreg.github.io/situation-monitor/…

DeepSeek founder Liang Wenfeng’s quantitative hedge fund generated returns of more than 50% last year

Issue 05 is here. Profiles of Joshua Kushner and Henry Ellenbogen, a company dispatch from inside Cursor, a literary review of the “Silicon Valley Canon,” and several shorter form features and visuals available only in print. Subscribe now: http://colossus.com/subscribe

a16z: The Power Brokers There is this story about Marc Andreessen that I think perfectly captures a16z. in 2015, when New Yorker writer Tad Friend sat down to breakfast with Marc Andreessen while writing Tomorrow’s Advance Man. Friend had just heard from a rival VC who wanted to get a word in: that a16z’s funds were so large, and ownership percentages so small1, that to get 5-10x aggregate returns across its first four funds, they’d need their aggregate portfolio to be worth $240-480 billion. “When I started to check the math with Andreessen,” Friend writes, “He made a jerking-off motion and said ‘Blah-blah-blah. We have all the models—we’re elephant hunting, going after big game!’” The aggregate portfolio did not end up being worth $240-480 billion. a16z Funds 1-4 had a total enterprise value of $853 billion at distribution or latest post-money valuation. Since distribution, Facebook alone has added $1.5 trillion in market cap. Some form of this pattern keeps playing out: a16z makes a crazy bet on the future. Those in the know say it’s stupid. Wait some years. Turns out it’s not stupid! Which is why, as a16z announces $15 billion in fresh funds, it is probably a mistake to dismiss them as greedy or stupid. It's probably worth understanding just exactly what IT'S TRYING TO BUILD. That's what I do in today's not boring deep dive: a16z: The Power Brokers

X is the best source for financial news -- and hundreds of billions of dollars are deployed based on things people read here. We are building Smart Cashtags that allow you to specify the exact asset (or smart contract) when posting a ticker. From Timeline, users will be able to tap them to see its real-time price along with all mentions of that asset. We're aiming to collect feedback as we iterate toward a public release next month.

Founders think $100,000 MRR is freedom, and that's absolutely true! Full breakdown of @seobotai economy: OpenAI API: $18,000 Anthropic API: $17,000 Gemini: $1,500 MongoDB: $3,000 Google Cloud: $2,900 Tolt & affiliates: $9,200 Exa: $2,000 Perplexity AI: $3,400 Intercom: $600 Ahrefs: $999 DataForSEO: $1,999 Pinecone: $599 ScrapingBee: $199 ScreenshotOne: $100 Apify: $1,999 Unicorn Platform: $49 Cursor: $20 Zoho: $99 Support agents: $1,999 Accounting: $499 Stripe fees: $5,000 Design: $499 Wrapifai API: $1,999 Hetzner: $199 Cloudflare: $99 BunnyCDN: $10 AWS: $199 Firecrawl: $399 ListingBott: $5,000 Thai massage: $999 Other: $2,999 Taxes: $16,000 Total spend: $99,563 Total earned: $100,000 Profit: $437. No matter the profit, I live my life on my own terms.

NEW: Trump's son-in-law Jared Kushner helping to finance Paramount's hostile bid for Warner Bros.