The hottest Investment Substack posts right now

And their main takeaways
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The "Neutral" Rate and Implications for 30-year Mortgage Rates

CalculatedRisk Newsletter • 38 implied HN points • 18 Feb 25
💰 Finance Economics Investment Mortgage Monetary Policy Market Trends
  1. The neutral rate, which helps determine monetary policy, has increased back to levels seen before the financial crisis. This means current monetary policy might not be restricting the economy as much as previously thought.
  2. Some economists believe that the actual neutral rate is higher than expected, which could indicate that interest rates may not be as high as people fear.
  3. Fed Chair Powell agreed that the neutral rate has risen significantly since before the pandemic, suggesting a change in how we should view economic policy now.

Top Links 613 The surge in big tech capex. The shipbuilding boom. Litigating butter chicken. Are we entering post-literate society?

Chartbook • 371 implied HN points • 09 Jan 25
💼 Business Economics Tech Investment Industry Trends
  1. Big tech companies are investing a lot in their capital, which is changing the economy in significant ways. It's interesting to see how this trend has developed over the last 15 years.
  2. There is a noticeable rise in shipbuilding, suggesting that the industry is picking up. This could mean more jobs and trade opportunities in the future.
  3. The concept of a post-literate society is being discussed, raising questions about how we communicate and share information today. It makes you think about the impact of technology on reading and writing.

What Do You Invest in?

Pratyush’s Newsletter • 79 implied HN points • 16 Oct 24
💼 Business Investment Entrepreneurship Venture Capital Startup Founders
  1. Investors should look for unique founders who stand out with exceptional traits, like intelligence and grit. A well-rounded person often doesn't lead to great investments.
  2. Successful companies often become the top choice in their category and have strong characteristics that help them stay ahead. These can include tricky competition or special technology.
  3. Timing is crucial; it's better to invest in companies before they become popular in the market. If everyone's already paying attention, it might be too late to find a winner.

This New Internet Thing, Chapter 30

Life Since the Baby Boom • 922 implied HN points • 12 Dec 24
🕹 Technology Internet Startups Investment Software Finance
  1. Netscape went public and became super successful, even though they weren't making profits yet. People were excited about the potential for growth instead of just focusing on profits.
  2. The IPO day was a big moment, with the stock price skyrocketing to $74. This was a huge deal for the people involved, changing their lives and how they viewed their work.
  3. There was a shift in the tech world where everyone suddenly wanted to invest in Internet companies. It became a trend to have '.com' in a company's name, showing how fast things were changing.

Afridigest Intelligence: The era of E2E expansion is here

Afridigest • 15 implied HN points • 18 Feb 25
💼 Business Entrepreneurship Investment Market Trends Startups Acquisitions
  1. Companies are shifting from a pan-African strategy to an emerging market-to-emerging market (E2E) strategy. This means they focus on expanding into other developing markets instead of just neighboring African countries.
  2. Recent examples show African companies entering markets in Mexico, the Philippines, and Brazil through acquisitions and partnerships. This demonstrates increasing global ambitions for African entrepreneurs.
  3. To succeed in building large businesses, it's important for African startups to adopt a multi-country mindset right from the beginning. This approach can help them tap into new opportunities effectively.
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This New Internet Thing, Chapter 31

Life Since the Baby Boom • 691 implied HN points • 19 Dec 24
🕹 Technology Tech History Silicon Valley Startups Internet Investment
  1. Cassie at Palm is excited about a new product called Touchdown but worries about funding for its launch. They found a partner to help manufacture it, which is a positive step.
  2. Len's career is taking a turn after Netscape's success, leading him to a possible job managing a new Internet-focused mutual fund. He’s starting to realize he enjoys this direction more than retirement.
  3. The bond between Len and his daughter Janet grows as they navigate their new potential successes together. Both are starting to embrace a more ambitious and wealthy future.

Economic Errors

David Friedman’s Substack • 655 implied HN points • 28 Dec 24
💰 Finance Economics Wealth Trade Investment Tariffs
  1. Wealth isn't just cash; it can be land, stocks, or buildings. A person's gain in wealth doesn't mean someone else has to lose money.
  2. When countries trade, it’s not just about wages. The value of currencies affects trade costs, and tariffs can disrupt these complex economic balances.
  3. People often hold on to incorrect economic beliefs because they sound easier or support their self-image. Understanding the real logic behind economics can be complicated but helps us see the true picture.

Middleware Platform Solid To Wind Down, Lewis & Clark To Exit BaaS

Fintech Business Weekly • 66 implied HN points • 02 Feb 25
💼 Business Finance Investment Banking Regulation Legal issues
  1. Evolve Bank & Trust has faced serious legal issues, including accusations of illegal discrimination and failing to meet fiduciary responsibilities. This has raised concerns about their trustworthiness.
  2. The middleware platform Solid is shutting down, and its bank partner, Lewis & Clark, is also exiting its banking-as-a-service business. This indicates a tough environment for fintech companies.
  3. Wise has reached a settlement with the Consumer Financial Protection Bureau for advertising inaccuracies and failing to disclose fees properly. This highlights ongoing scrutiny in the fintech sector regarding consumer protection.

Steve Cohen Wants To Spend $8 Billion To Transform Citi Field Into An Entertainment District

Huddle Up • 34 implied HN points • 12 Feb 25
💼 Business Sports Management Real Estate Entertainment Finance Investment
  1. Steve Cohen, the owner of the Mets, plans to spend $8 billion to turn the area around Citi Field into a fun entertainment district.
  2. His vision includes parks, hotels, restaurants, and even a casino, all without using any taxpayer money.
  3. Cohen wants to create a better experience for fans, showcasing his commitment by hosting special fan events and spending heavily on player contracts.

⚡️ Top 10 news of the week

digitalhealthinsider • 39 implied HN points • 18 Oct 24
🏥 Health & Wellness Digital Health Healthcare Trends Health tech Data Privacy Investment
  1. Health tech investments are looking better in 2024, suggesting a recovery in the market. This may lead to more innovative solutions in healthcare.
  2. Companies like Oshi Health and Eleanor Health are raising significant funds to improve virtual care and substance use treatment. This shows a growing focus on essential health services.
  3. Google has launched an AI tool for healthcare that is now available for everyone. This could make it easier for people to find health information quickly.

NAR: Existing-Home Sales Decreased to 4.08 million SAAR in January

CalculatedRisk Newsletter • 14 implied HN points • 21 Feb 25
💰 Finance Real Estate Market Analysis Sales trends Economic Indicators Investment
  1. Existing-home sales have decreased to 4.08 million in January, which is a drop of 4.9% from the previous month, but it's still a 2.0% increase compared to January 2024.
  2. The housing inventory is rising, reaching 1.18 million units, up 16.8% from last year, which shows there is more supply available than before the pandemic.
  3. Despite the drop in sales, this is the fourth consecutive month with year-over-year increases, suggesting some positive trends in the market.

Term Sheets Demystified 📄🤝

The VC Corner • 659 implied HN points • 25 Jul 24
💼 Business Entrepreneurship Investment Fundraising Startups Venture Capital
  1. A term sheet is a non-binding agreement that lays out the basic terms of an investment. It's like a guide for both investors and founders to understand what's being offered.
  2. Key parts of a term sheet include the investment amount, valuation, and liquidation preferences. These details help both sides know what to expect if the company is sold or liquidated.
  3. Dividends can be part of a term sheet too, specifying how much investors might earn annually. It helps clarify when and how investors would get paid.

CBW Accuses FDIC Of Racial, Gender Discrimination; Trade Groups Support Bank’s Seventh Amendment Claim

Fintech Business Weekly • 89 implied HN points • 26 Jan 25
💰 Finance Banking Investment Regulation Economics Legal issues
  1. CBW is accusing the FDIC of racial and gender discrimination in their handling of a significant penalty against the bank. They argue that their leadership has faced bias because of their backgrounds.
  2. A grand jury is investigating the situation surrounding Synapse Financial Technologies, and former employees are being subpoenaed for documents related to potential misconduct.
  3. Patriot Bank is under scrutiny from regulators and has been designated as 'troubled', which means it has to make major changes to its operations and compliance practices.

Stupid Rules For Stupid People Struck Down

Points And Figures • 639 implied HN points • 12 Dec 24
💼 Business Corporate Governance Regulation Investment Financial Markets Diversity
  1. NASDAQ's rule for corporate board diversity focused too much on identity instead of qualifications. It's more important to have people with varied experiences and perspectives on the board to help businesses succeed.
  2. The legal decision to revoke certain rules about private company disclosures is seen as positive. Regulations that infringe on privacy can deter companies from going public and create unnecessary barriers.
  3. Private markets should be free from excessive regulations. Investors need to keep the identities of their shareholders confidential, and government oversight can lead to more problems than it solves.

WOAH: Bill Gates invested MILLIONS in BioNTech JUST BEFORE covid

The Freedom Corner with PeterSweden • 4304 implied HN points • 26 Jan 24
📰 News Conspiracy COVID-19 Investment Mainstream Media
  1. Bill Gates invested millions in BioNTech just before Covid, which turned out to be very profitable for him.
  2. Bill Gates donated $20 million to the BBC, which reportedly misrepresented the risk of Covid to increase public support for lockdown.
  3. Bill Gates' foundation committed $1.27 billion to advance Global Goals, including funding for global digital ID.

The Software Rebel: How Innovaccer Defied Silicon Valley's Anti-Services Doctrine and Won

Day Zero: Always Learning • 426 implied HN points • 09 Dec 24
💼 Business Startups Software Entrepreneurship Technology Investment
  1. Businesses need to combine services with software to succeed. This mix can help them understand their customers better and create real value.
  2. Learning and adapting quickly is key to success. Companies should capture knowledge from each project to improve their services over time.
  3. The future of enterprise software lies in using AI and human expertise together. This way, businesses can create smarter solutions that really solve problems.

Bitcoin is worth $100,000. It still doesn't have a single legitimate use case

The Future, Now and Then • 515 implied HN points • 06 Dec 24
🔮 Crypto Bitcoin Speculation Investment Regulation Market Trends
  1. Bitcoin is currently priced at $100,000, but it doesn't have any real-world use that justifies that value. It's mainly driven by speculation.
  2. The recent price increase is largely due to wealthy investors betting on Bitcoin, rather than any fundamental economic demand or function.
  3. The cryptocurrency market is being influenced by big players and political backing, making it more about speculation rather than actual utility.

"This Is a Hell of a Statement I'm About to Make—But He Superseded Miles"

The Honest Broker • 7846 implied HN points • 09 Feb 24
🎶 Music Streaming Jazz Culture Media Investment
  1. Spotify is facing challenges with fake artists, playlists, and financial losses, raising concerns about the music streaming service's business model.
  2. The shift from macroculture to microculture is evident in the media industry, with traditional legacy outlets experiencing layoffs while alternative platforms like Substack thrive.
  3. There is a trend towards investment firms buying song catalogs, the decline of live music reviews in mainstream media, and interest in the transformative power of sound highlighted through the work of Hans Jenny in 'Cymatics'.

The Only Pitch Guyde You’ll Ever Need

Remarkable People • 699 implied HN points • 03 Jul 24
💼 Business Startups Investment Entrepreneurship Pitching Innovation
  1. Choose the right audience for your pitch. It's crucial to identify the right venture capital firms and specific people to contact for better chances of success.
  2. Get a warm introduction instead of cold emailing. Knowing someone who can introduce you increases the chances of getting a meeting.
  3. Practice your pitch and engage your audience. Start strong, tell a compelling story, and be confident in your delivery to leave a lasting impression.

From Numbers to Narrative: Financial Modeling for Founders 📊

The VC Corner • 579 implied HN points • 12 Jul 24
💼 Business Startups Investment Financial planning Entrepreneurship Market Analysis
  1. Financial modeling is all about telling your startup's story using numbers. It's important for getting investments and managing your business well.
  2. A solid financial model includes three main statements: the Income Statement, Balance Sheet, and Cash Flow Statement. These help you understand your revenue, costs, and financial position.
  3. Building a financial model starts by defining your assumptions. This helps you predict future performance and make informed decisions for your startup.

TBM 339: Update and Clarifications

The Beautiful Mess • 978 implied HN points • 09 Feb 25
💼 Business Startups Entrepreneurship Investment Product Management Work Culture
  1. This newsletter is independent of the author's employer, Dotwork, and he writes what he chooses without being paid for it.
  2. Dotwork is a startup that creates tools for product strategy and development, allowing teams to customize their work tools to fit their needs.
  3. The author enjoys sharing what he learns each week and believes in giving valuable content for free, trusting that good things will come back in the future.

Brief and to the point

Alex's Personal Blog • 98 implied HN points • 29 Jan 25
🕹 Technology AI Business Startups Investment Trends
  1. AI companies like OpenAI are worried that DeepSeek might have learned from their models in a way that isn't fair. This has led to concerns about how to protect their technology.
  2. There are ongoing discussions in the AI industry about whether some companies are just making excuses for not being the best. These companies are feeling threatened by competitors who are catching up fast.
  3. The state of federal spending looks chaotic, which could be a problem for the new administration. More economic updates are expected soon, especially from major companies like Meta and Microsoft.

Recent AI failures are cracks in the magic

The Intrinsic Perspective • 10335 implied HN points • 23 Feb 24
🕹 Technology AI Industry Investment Ethics
  1. Recent AI models like GPT-4 and Sora are showing concerning failures in understanding basic concepts like physics and object permanence
  2. The AI industry's economics are being questioned due to the high costs involved in training large models, as well as the influence of major tech companies like Microsoft, Google, and Amazon in directing AI development
  3. The current AI industry landscape is seen as a flow of VC investment being funneled into a few major tech giants, raising fundamental questions about the industry's structure and sustainability

"We Once Again Need to Raise More Capital than We Had Imagined": Watching OpenAI Say It Needs a New Structure

Brad DeLong's Grasping Reality • 207 implied HN points • 30 Dec 24
🕹 Technology AI Startups Investment Innovation Economy
  1. OpenAI is looking for more money than they expected, which highlights how important funding is for their progress towards AGI. This means they need to attract investors willing to take risks.
  2. They plan to change their structure to a Public Benefit Corporation, balancing profit with broader social goals. This structure aims to raise capital more effectively while still focusing on their mission.
  3. OpenAI's current success is compared to how Netscape was for the internet. This suggests that OpenAI is leading a new wave of technology and investment in artificial intelligence.

At Calif, you're a star

Thái | Hacker | Kỹ sư tin tặc • 1218 implied HN points • 10 May 24
💼 Business Entrepreneurship Company Culture Investment
  1. Success formula inspired by Joel Spolsky: treat programmers like stars, provide top-notch perks, and prioritize spending on talented employees.
  2. Prioritize long-term investment in the business over short-term profits, ensure employees are treated well, and focus on quality of service to clients.
  3. Maintain a high standard in business practices, provide elite-level service to clients, and prioritize comfort and convenience for employees to enhance productivity.

Onchain Landscape (Part 1)

DeFi Education • 839 implied HN points • 08 Jun 24
🔮 Crypto Blockchain Investment Finance Technology Economics
  1. There are different blockchain ecosystems called Layer 1, Layer 2, and Layer 3, and each has its own use and benefits. Understanding these layers can help you decide where to invest your time and money.
  2. Layer 2 solutions help blockchains process more transactions efficiently by using off-chain data to save on resources. This means faster transactions and lower costs, making them a hot spot in the crypto world.
  3. Layer 3 is a newer concept that sits on top of Layer 2, focusing on specific apps and improving their functionality. While still experimental, investing in Layer 3 can present unique opportunities.

The Agrifoodtech Effect 🍽️

The VC Corner • 519 implied HN points • 05 Jul 24
🍲 Food & Drink Sustainability Innovation Investment
  1. The food system is facing big challenges, like harming the environment and contributing to climate change. We need to rethink how we produce and consume food to protect our planet.
  2. Agri-Foodtech is about using new technology to improve the entire food industry. This includes everything from apps to healthier food options that can change how we eat.
  3. Investments in foodtech are growing rapidly, showing its importance. However, there's a need for more focus on advanced technologies, not just quick delivery services, to drive future innovations.

A Lens to Understand the Trump Tariffs

Contemplations on the Tree of Woe • 769 implied HN points • 14 Feb 25
💰 Finance Tariffs Trade Economics Investment Market Analysis
  1. Not all tariffs are bad; they can help boost domestic manufacturing and protect jobs. The U.S. has lost many manufacturing jobs to overseas markets, which affects both the economy and national security.
  2. Often, tariff threats are used as negotiation tools rather than actual intentions to impose tariffs. For example, Trump used the threat of tariffs to gain cooperation from other countries on unrelated issues.
  3. The bigger issue is that many countries, including China, put up barriers to U.S. products while expecting open access to American markets. Addressing these trade imbalances can be crucial for fair international trade.

Part 1: Current State of the Housing Market; Overview for mid-February 2025

CalculatedRisk Newsletter • 28 implied HN points • 10 Feb 25
💰 Finance Real Estate Market Trends Investment Economics Inventory Analysis
  1. New home listings are up 10.8% compared to last year, which is a positive sign for the housing market.
  2. Despite this increase, new listings are still lower than they were before the pandemic.
  3. Inventory levels and what happens in March will be crucial in understanding the future of the housing market.

The 10 Essential Slides You Need in Your Pitch Deck 📝

The VC Corner • 559 implied HN points • 28 Jun 24
💼 Business Entrepreneurship Investment Startups Pitching Finance
  1. Every startup needs a strong pitch deck to impress investors. It's not just about showing what you've done, but telling a compelling story about what you can achieve.
  2. Following a clear structure for your pitch deck helps you address investors' concerns. You need to present your vision and strengths in a way that resonates.
  3. These ten essential slides can make your pitch memorable. They help highlight your potential and build a narrative that investors can connect with.

How we could return to the productivity growth of the 1990s

Noahpinion • 4705 implied HN points • 18 Mar 24
💼 Business Productivity Economic Policy Investment Labor Market Monetary Policy
  1. Productivity growth is crucial for controlling inflation, maintaining a stable economy, and improving living standards.
  2. To boost productivity growth, a combination of macroeconomic factors like full employment, investment incentives, and stable supply-side conditions is essential.
  3. Three key factors that fostered productivity growth in the 1990s were full employment, high fixed investment, and stable supply with low inflation; replicating these conditions today would require strategic policy interventions.

Brainstorming Solutions for Aerospace Sector Challenges

Space Ambition • 259 implied HN points • 02 Aug 24
🕹 Technology Aerospace Innovation Startups Engineering Investment
  1. An online brainstorming session is being organized to find solutions for challenges in the aerospace industry. Everyone is welcome to join, regardless of their experience level.
  2. The discussions will be moderated by someone with a strong background in aerospace and venture capital. This helps ensure the session is productive and insightful.
  3. There are two scheduled sessions on August 10 to accommodate different time zones, making it easier for people around the world to participate.

Rising existing inventory in Texas and Florida

Erdmann Housing Tracker • 42 implied HN points • 06 Feb 25
💰 Finance Housing Market Economics Investment Market Analysis Real Estate
  1. Rising home inventory in places like Texas and Florida doesn't always mean a bad market. It can show real demand or a strong market too.
  2. Many people wrongly believe that too many houses lead to market crashes, but actually, drops in demand usually cause these issues.
  3. In past downturns, like in 2008, price drops happened after demand decreased, not because of oversupply. Understanding this helps make sense of current housing trends.

Issue #142: Kraken’s Crypto Payments Bet, Bud’s AI Move And PIX's Continued Expansion

Fintech Radar • 4 implied HN points • 13 Feb 25
🔮 Crypto Payments AI Fintech Blockchain Investment
  1. Kraken has started a new crypto payments service, helping businesses accept digital currencies. This could revive interest in crypto payments, especially as the regulatory environment improves.
  2. Brazil's Pix payment system is expanding its features with recurring payments, potentially opening up a $30 billion opportunity. This makes Pix a stronger competitor against traditional payment networks.
  3. Bud launched an AI-powered search tool for financial transactions, helping banks better understand customer data. This could change how banks manage data and improve services like lending and fraud detection.

Why I've Joined Pattern Ventures as the Firm's Newest GP!

patternventures • 119 implied HN points • 17 Sep 24
💼 Business Venture Capital Investment Finance Startups Entrepreneurship
  1. The venture capital world is changing, with smaller emerging managers expected to yield better returns than larger, established firms. Smaller funds need less total value to achieve strong returns, making them more appealing.
  2. Finding the right emerging managers is really tough. Not all of them will succeed, so it's important to pick those with unique skills and a track record of success.
  3. Emerging VC firms now have a lot of opportunities, especially with many new operators starting their own funds. The early-stage landscape is hot right now, and there's excitement about investing in it.

The influencer holy grail

Simon Owens's Media Newsletter • 249 implied HN points • 11 Dec 24
💼 Business Media Marketing Influencers Investment Journalism
  1. Influencers want to create content that mixes cooking, fashion, and home decor. This mix attracts sponsors and gives a chance to sell lots of different products to followers.
  2. Local news is struggling, and a small yearly investment could help fix it. Just a bit of money could ensure every county in the US has a local news journalist.
  3. A newsletter called Sunday Long Read became popular by curating long-form articles. It shows how a focused idea can attract a loyal audience and even expand into new areas like podcasts.

The Future of Finance: Substack’s Market Forecast Summit

Substack Blog • 93 implied HN points • 15 Jan 25
💰 Finance Investment Economics Market Trends Financial Independence
  1. Finance and business experts are increasingly sharing knowledge independently, as trust in traditional media decreases. This helps them build real connections with their audience.
  2. The Substack Market Forecast Summit will happen on January 31, where top finance minds will discuss investment strategies and economic trends for 2025.
  3. More finance professionals are using Substack to share their insights directly with subscribers, which offers investors better access to valuable information.

The Difference Between Success & Failure: Good Hiring

The Green Techpreneur • 8 implied HN points • 07 Feb 25
💼 Business Entrepreneurship Hiring Management Investment Strategy
  1. Having the right team is crucial for a company's success. It's not just about skills; it's about finding people who fit well together and share a common passion.
  2. Hiring based on experience alone can be misleading. It's more important to look for motivation and energy, as these qualities can drive real success.
  3. Every employee matters, no matter their role. When building a business, listen to everyone's input, as everyone contributes to the company's success.

Fableborne’s Kingdom NFT Presale starts February 13th!

Ronin’s Newsletter • 12 implied HN points • 11 Feb 25
🔮 Crypto NFTs Blockchain Digital Assets Gaming Investment
  1. The Fableborne Kingdom NFT presale begins on February 13th and runs until February 17th, where you can buy raffle tickets for a chance to win a Kingdom NFT.
  2. Kingdom NFTs are important for gameplay and can help players earn rewards by staking and merging them to increase their rarity.
  3. There are two stages to the NFT minting: a presale where winners are drawn, and a public stage where leftover NFTs can be minted starting February 20th.