The hottest Finance Substack posts right now

And their main takeaways
Category
Top Business Topics

How to Read Smart Contracts Part 1

DeFi Education • 859 implied HN points • 23 Mar 22
🔮 Crypto Finance
  1. This post gives an overview of how to read smart contracts, focusing on Uniswap v2's structure. It's meant for those interested in understanding the basics of smart contracts.
  2. The author introduces key terminologies related to smart contracts, which will help readers grasp the concepts better.
  3. In the next part, the author will break down the code line by line, making it easier to understand what each part does.

What History Will Say About Crypto 2022

DeFi Education • 439 implied HN points • 01 Jan 23
🔮 Crypto Finance
  1. Crypto will likely be seen as a significant part of our cultural history, reflecting its rise and impact over time.
  2. Future generations may explore our digital era using advanced technology, giving them insights into our online lives.
  3. The evolution of finance through crypto could change how we understand money and investments in the future.

⏩ Trump’s 3% growth challenge

Faster, Please! • 274 implied HN points • 25 Nov 24
🇺🇸 U.S. Politics Finance
  1. Scott Bessent wants to boost the economy by achieving a 3% growth rate, reducing the federal budget deficit, and increasing oil production. This approach is part of a bigger plan for economic improvement.
  2. Historically, the US economy grew at over 3% after World War II, but recent growth has been slower. Bessent’s goal is to restore that higher growth rate.
  3. The challenge for Bessent and Trump is that the current US GDP growth has been a full point less than the historical average this century.

Uber’s AWS era

Alex's Personal Blog • 98 implied HN points • 23 Jun 25
💼 Business Finance
  1. Uber is now making a lot of money and has expanded into selling AI tools, similar to how Amazon did with its cloud services.
  2. In the NYC mayoral race, Zohran Mamdani is leading against Andrew Cuomo, but there are concerns about Mamdani's economic ideas and tax plans.
  3. The growth of coding tools like Cursor shows there's a big demand for help in software development, and they may encourage more people to learn coding.

Overhead Costs vs. Marginal Costs

In My Tribe • 227 implied HN points • 28 Dec 24
💼 Business Finance
  1. Overhead costs are the ongoing expenses of running a business, while marginal costs are the expenses incurred by producing one additional unit.
  2. Many businesses today focus more on overhead costs because it's hard to measure the contribution of individuals in a team setting.
  3. Understanding these costs is important for making better decisions about managing a business.
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Why P/E Ratios Are Broken In Crypto

DeFi Education • 699 implied HN points • 22 Jun 22
🔮 Crypto Finance
  1. P/E ratios aren't very useful in crypto because they rely on earnings that can fluctuate wildly. DeFi protocols often make money one month and lose it the next, making it hard to predict overall earnings.
  2. Crypto tokens have different roles than stocks and aren't just about cash flow. They can be used for voting or earning more tokens, which makes comparing them using P/E ratios tricky.
  3. It's better to focus on cash flows rather than P/E when analyzing crypto. Ignoring token issuance costs and looking at other measures like Price to Sales (P/S) can give a clearer picture of value.

NFTs and the Future of Subscription Businesses

DeFi Education • 459 implied HN points • 09 Dec 22
💼 Business Finance
  1. Businesses like subscriptions because they provide steady income and build customer loyalty. This makes business planning easier.
  2. NFTs can change how subscriptions work by offering unique ownership and access. This could make subscriptions more attractive to consumers.
  3. Traditional views on NFTs and subscriptions might be missing the bigger picture. There are new opportunities to explore that could benefit both businesses and customers.

The ASOMOCO Top 10 (2024 Edition)

Altered States of Monetary Consciousness • 226 implied HN points • 31 Dec 24
💼 Business Finance
  1. Corporations use simplified interfaces to interact with people, making it easier for us to deal with their complex structures. This can give them a more relatable personality, changing how we perceive them.
  2. Billionaires are often seen as uniquely gifted individuals, but this view overlooks the collaborative efforts of many people that contribute to their success. It's important to understand the collective work behind big achievements.
  3. Surveillance is becoming normalized as companies find new, clever ways to collect our data. They often spin this as a fun experience, making people look forward to sharing their information.

Shareholder fall guy

SuperJoost Playlist • 178 implied HN points • 12 Oct 23
💼 Business Finance
  1. John Riccitiello's exit from Unity may not be as positive as it seems, and it hints at larger issues.
  2. CD Projekt Red is seeing success with its Cyberpunk franchise, showing growth and positive reception.
  3. Ubisoft is working to address workplace toxicity, despite past issues, showing progress in creating a safer environment.

Six Easy Ways to Save Money in DeFi

DeFi Education • 799 implied HN points • 14 Apr 22
🔮 Crypto Finance
  1. Ethereum transaction fees can be very high, sometimes between $10-$30. This makes it hard for many people to use the network.
  2. DeFi can help save money, allowing users to navigate their financial needs without excessive costs.
  3. Finding efficient ways to conduct transactions in DeFi is important for maximizing savings and accessibility.

Circle’s valuation is getting nutty

Alex's Personal Blog • 98 implied HN points • 20 Jun 25
💼 Business Finance
  1. Circle's stock price is rising sharply, far surpassing its initial IPO price. This shows strong market interest in tech and crypto-related companies.
  2. Tesla plans to start its robotaxi service cautiously with ten cars in a limited area. This careful approach might help ensure safety and a smoother rollout.
  3. Cloudflare is working on a solution to stop AI companies from scraping content from websites without fair compensation. This could change how AI interacts with online content.

The DeFi Roundup (November 19, 2022)

DeFi Education • 479 implied HN points • 19 Nov 22
🔮 Crypto Finance
  1. DeFi has been very active this week with important developments. Many people are talking about its potential and future.
  2. The post will discuss the long-term benefits of DeFi. It's important to understand how it can grow and change the financial landscape.
  3. Recent market trends in DeFi are highlighted. These trends give insights into where the market might be headed next.

The lucrative business of lying to you about AI [Finance Fridays]

Technology Made Simple • 159 implied HN points • 20 May 23
💼 Business Finance
  1. AI Misinformation, whether positive or negative, creates urgency, distorts expectations, and glamorizes certain factors to profit off misleading the public.
  2. Both AI hype and criti-hype follow a playbook of generating emotional responses in individuals to make sales, leading to financial gain for those spreading misinformation.
  3. Misinformation about AI can hide real issues within the system, making it challenging to address genuine concerns and improvements.

An intro to the Normal Distribution [Math Mondays]

Technology Made Simple • 159 implied HN points • 23 May 23
🚌 Education Finance
  1. The Normal Distribution is a probability distribution used to model real-world data, with a bell-shaped curve and key points located at the center.
  2. The Normal Distribution is essential as it is commonly used in various fields to model real-world phenomena, calculate probabilities, and make informed decisions in software development.
  3. Understanding and using the Normal Distribution in software can help in making approximations for performance, making the right sacrifices, and optimizing solutions based on real-world data.

DeFi for Passive Investors

DeFi Education • 1039 implied HN points • 20 Nov 21
🔮 Crypto Finance
  1. Passive investing in DeFi can be a way for less active investors to earn returns. It allows them to participate in the market without needing to constantly manage their assets.
  2. Managing a DeFi portfolio still requires some understanding of risk management. Even passive investors should be aware of potential pitfalls and rewards.
  3. DeFi is becoming a major player in finance, and it can be beneficial for investors to explore these opportunities, even without active involvement.

Not all EBIDTA is created equally

Net Income • 157 implied HN points • 06 Oct 23
💼 Business Finance
  1. EBITDA can differ in quality due to factors like taxation and interest
  2. Cash flow is more concrete and represents actual change in bank balance
  3. Malone's strategy involving EBITDA and tax reduction was successful

'ZIRP' No More: A Founder Playbook for the Market Downturn

Condensing the Cloud • 157 implied HN points • 01 May 23
💼 Business Finance
  1. Nap pods and extravagant perks in tech companies are becoming less common due to market downturn.
  2. Private-company leaders are advised to focus on building great products and growing efficiently, especially during a potential recession.
  3. Software companies have the potential to thrive by reducing cash burn, optimizing operations, and focusing on efficient growth strategies.

The Battle of Mount Olympus

DeFi Education • 1019 implied HN points • 17 Nov 21
🔮 Crypto Finance
  1. The reward rates for OHM are set to decrease significantly, which could affect how much people want to hold it. If fewer people want to buy OHM, its price might go down, but a slower increase in supply could balance this out.
  2. OHM aims to be a decentralized reserve currency backed by assets, but right now, it’s still uncertain if it can achieve stable pricing. Investors should be cautious because not all projects in this space will succeed.
  3. If you're holding OHM, you have several options: stay staked to earn rewards, consider selling some for profits, or explore other high-yield projects. Your choice should depend on your comfort with risk and your investment goals.

Understanding the Long-term DeFi Ecosystem - Everything is an NFT

DeFi Education • 1159 implied HN points • 21 Aug 21
🔮 Crypto Finance
  1. Everything can potentially become an NFT, which means you could buy, sell, or trade many physical items as digital assets in the future.
  2. Athletes can tokenize their contracts, allowing them to receive cash upfront while giving investors the chance to earn interest, changing how contracts and investments work.
  3. Creators can use NFTs to control access to their content more securely, making it harder for others to steal or copy their work, and allowing fans to invest in their success.

The Four Pillars of Venture Investing

Investing 101 • 184 implied HN points • 01 Feb 25
💼 Business Finance
  1. Finding good investment opportunities is all about connecting with the right people and being aware of what’s happening in the market. Investors need to actively search and know their environment well.
  2. Picking the right companies is crucial, and it requires careful evaluation beyond just being excited about a hot trend. It's important to analyze the quality of the business and its team.
  3. Supporting the companies after investing is where the real partnership happens. Investors should provide helpful guidance without getting in the way of founders' decisions.

Q&A (February 2023)

DeFi Education • 359 implied HN points • 10 Feb 23
🔮 Crypto Finance
  1. The team is busy creating new content for DeFi Education and the academy.
  2. There is a lot of interest in setting up laptops for crypto enthusiasts.
  3. This post is specifically for paid subscribers to engage with Q&A opportunities.

How Real Madrid's Stadium Became A Cash-Printing Machine

Huddle Up • 70 implied HN points • 25 Jul 25
💼 Business Finance
  1. Real Madrid borrowed over $1 billion to renovate their stadium instead of tearing it down. This smart move helped them keep their historic venue while making it more profitable.
  2. The renovation opened up new ways for the club to earn money and even helped reduce their existing debts. This shows that investing in infrastructure can pay off in bigger ways.
  3. This project has changed how football clubs think about their stadiums, inspiring other teams to consider upgrades instead of rebuilding, which can be a risky and costly choice.

Beating Crypto's Flash Boys

DeFi Education • 919 implied HN points • 25 Dec 21
🔮 Crypto Finance
  1. Crypto markets have their own fast traders, similar to the ones in traditional finance. These traders can take advantage of regular people's transactions, potentially costing them money.
  2. If you've ever swapped tokens or had a loan liquidated, bots might have taken some of your profits. It's important to be aware of these risks when trading in crypto.
  3. As you trade more and increase your balance, the impact of these fast traders can grow. Understanding this can help you protect your investments better.

The Trillion Dollar Question

QTR’s Fringe Finance • 25 implied HN points • 09 Nov 25
💼 Business Finance
  1. Elon Musk's 2018 pay package was designed so he only earns if Tesla's market value increases a lot. This setup is meant to motivate him to help the company grow.
  2. Tesla's stock price rose dramatically, showing that big financial rewards can happen if a company performs well. The question is whether such a situation can occur again.
  3. The focus is on whether the same success can be repeated and what factors might lead to another significant rise in Tesla's value.

OpenAI could soon be worth a half-trilly

Alex's Personal Blog • 65 implied HN points • 06 Aug 25
💼 Business Finance
  1. OpenAI is in talks to sell shares at a valuation of $500 billion, which is a significant milestone. This shows strong investor interest and confidence in the company's growth.
  2. The company has seen rapid revenue growth, recently hitting around $12 to $13 billion annually. With five million business customers now, OpenAI continues to show that it is meeting market demand.
  3. The release of new 'open' models is contributing to OpenAI's success, allowing it to establish a solid position in the competitive AI landscape.

Time to Eat Some Sushi - Part (1 of 2)

DeFi Education • 1139 implied HN points • 14 Aug 21
🔮 Crypto Finance
  1. Decentralized finance is changing how we think about money and trading. It's becoming a more accessible way for people to make financial transactions.
  2. Sushi Swap started out as a controversial project but has grown into a thriving platform. It shows how innovation can arise from challenges in the market.
  3. Understanding these new platforms is important for anyone interested in finance. They represent a shift toward a more user-driven approach.

A message large nonprofit hospitals should hear: "The judge will see you now…"

HEALTH CARE un-covered • 319 implied HN points • 15 Mar 23
🏥 Health Politics Finance
  1. Many large nonprofit hospitals behave like people who often go bankrupt. They spend a lot on fancy buildings and high salaries without really understanding their finances.
  2. These hospitals sometimes close services in poorer areas while investing heavily in more affluent locations. This hurts communities that need healthcare the most.
  3. Just like how a judge talks to people who are bankrupt about their spending, hospital systems also need honest discussions about their financial habits to avoid future problems.

How to have "the talk" with your customers

Kyle Poyar’s Growth Unhinged • 607 implied HN points • 17 Jan 24
💼 Business Finance
  1. Increase ACV by asking customers about willingness-to-pay without directly asking for a specific price.
  2. Understand that ACV growth involves price increases, product expansion, and knowing what customers value.
  3. As your business scales, consider factors like pricing, packaging, and customer willingness to pay to optimize revenue.

The DeFi Roundup (December 10, 2022)

DeFi Education • 419 implied HN points • 11 Dec 22
🔮 Crypto Finance
  1. Legacy media companies want the FTX bankruptcy court to reveal the names of its top clients. They believe this information should be public.
  2. This week, people are discussing the impact of the FTX situation on the DeFi space. There's a lot of concern among investors and market watchers.
  3. It's important to stay updated on events in the DeFi world, as new developments can affect your investment strategies.

9 Greatest Mistakes to Avoid When Growing a Startup

VERY GOOD PRODUCTIZED GUIDES • 19 implied HN points • 15 Jun 24
💼 Business Finance
  1. It's important not to overthink decisions. Making quick choices can save time and help your business move forward more efficiently.
  2. Setting boundaries with clients is key. If you try to please everyone, you might get overwhelmed and burn out.
  3. Having a clear understanding of your finances before starting a business is crucial. It helps ensure you can sustain your operations and pay everyone involved.

Stablecoins: Reinventing Dollars

DeFi Education • 919 implied HN points • 10 Dec 21
🔮 Crypto Finance
  1. Stablecoins are a type of cryptocurrency that is usually backed by another asset, like the US dollar. They help make trading easier and allow people to transfer money quickly and cheaply.
  2. There are different types of stablecoins, like centralized ones (USDT and USDC) that are backed by fiat currency, and decentralized ones (DAI) that use overcollateralization to maintain their value. Each type has its pros and cons.
  3. Stablecoins play an important role in the crypto world and traditional finance. There is lots of interest in creating better decentralized stablecoins, as they could improve the overall system and reduce reliance on centralized finance.

Tokenization for Beginners: How to Invest in Real‑World Assets on the Blockchain

The Crypto Journal • 78 implied HN points • 28 Jun 25
🔮 Crypto Finance
  1. Tokenization lets you own a small part of valuable things like real estate or art by turning them into digital tokens. This means you don't need a lot of money to invest in high-value assets.
  2. Before tokenization, only rich people could invest in expensive assets, but now anyone can get in on the action thanks to blockchain technology. It makes investing more accessible to everyone.
  3. To start investing in tokenized assets, choose a platform you trust, understand the risks, and don’t put all your money into one thing. Diversifying your investments is smart.

Who pays ESG Hound?

ESG Hound • 981 implied HN points • 01 May 23
💼 Business Finance
  1. The author clarified their financial disclosure
  2. ESG Hound will introduce a paywall for some content
  3. Sale on ESG Hound memberships with exclusive perks

Angels Vs Venture Capitalists

Points And Figures • 266 implied HN points • 25 Oct 24
💼 Business Finance
  1. Angels and venture capitalists have different roles in funding startups. Angels often invest earlier and can take more risks compared to venture capitalists.
  2. Angels should act quickly and be transparent in their decision-making process. This helps entrepreneurs know where they stand and not get left waiting.
  3. Investing in early rounds is usually more beneficial for angels. After a company has grown, it can make more sense for them to find new seed deals rather than invest in larger rounds.

Venture Capital Fund Modelling II : Masterclass

Venture Curator • 179 implied HN points • 16 May 23
💼 Business Finance
  1. Discover how VC funds calculate target ownership in startups, providing valuable insights for founders and VC enthusiasts alike.
  2. Understand the costs associated with VC business, like organizational fees, operational fees, and management fees, to determine the total investment capital for startups.
  3. Learn about the average check size that VC funds invest in startups and how ownership percentage is calculated based on the investment amount and post-money valuation.

The Bear Cave #207

The Bear Cave • 536 implied HN points • 04 Feb 24
💼 Business Finance
  1. New activist reports reveal concerns in for-profit education and mental health industries
  2. Recent resignations of executives from various companies highlight shifting leadership dynamics
  3. Tweets of the week share insights on alleged financial misconduct and leadership controversies

Daily Brief: MECE & Hilbert Spaces

Math Meets Money • 4 HN points • 21 Aug 24
💼 Business Finance
  1. The MECE principle helps organize complex data into clear categories that have no overlap. This is crucial for making sense of complicated systems, like businesses or markets.
  2. In business, customer demographics can be viewed as various sets that can show how different characteristics are related. Understanding these relationships can help companies better target their products.
  3. Using concepts from physics, like Hilbert spaces, can help refine how businesses analyze and transform customer data. This approach can lead to better insights into customer preferences and behaviors.

Luckin Coffee: From China’s Starbucks Slayer to a U.S. Newcomer

Gad’s Newsletter • 76 implied HN points • 07 Jul 25
💼 Business Finance
  1. Luckin Coffee has opened its first stores in the U.S., challenging Starbucks with a tech-driven and low-cost business model from China. Unlike Starbucks, which focuses on a cozy café experience, Luckin aims for speed and affordability.
  2. In China, Luckin quickly rose to dominate the coffee market by capitalizing on growing coffee trends and offering cheaper prices, often around 30% less than Starbucks. Its strategy relies on small, efficient shops that serve customers through a mobile app.
  3. As Luckin enters the U.S., it faces higher operational costs and strong competition from established brands. It's likely to focus on novelty and convenience rather than just price, trying to carve out a niche among younger consumers.