What caught our attention

Analysis, commentary, and observations from the intersection of capital, technology, and the forces shaping institutional decision-making. These views are the firm's own and do not constitute investment advice.

Briefing

Briefing – September 23, 2026

The IMF Draws a Line on Sovereign Debt. Plus: AI's Scarce Input Is Now Data, Switzerland Sizes Its Scale-Up Economy for the First, and One Energy Shock, Two Responses.

September 23, 2026 Read →
Perspective

Efficient Isn't the Same as Safe

The apps we paste into now run on the same AI as ChatGPT. Impressive, but for confidential work, efficiency isn't the point. What stays scarce is accountability, and you can't sign an NDA with an app.

September 18, 2026 Read →
Perspective

Who Keeps the Gold?

Picks, shovels, and the AI buildout. Does the scarcity everyone's chasing actually hold, or does the value move on? Join the conversation on LinkedIn.

September 10, 2026 Read →
Briefing

Briefing – September 9, 2026

Oil Back Near $100 as US-Iran Strikes Escalate. Plus: Cognition's $48B Round Says AI Coding Is a, OpenAI's Unverified Millennium-Prize Claim, and US-Canada Trade War.

September 9, 2026 Read →
Briefing

Briefing – August 19, 2026

With the US-Iran Deadline Gone, Watch the Bond Market. Plus: Etched's $21B Mark Signals, Unitree's Blockbuster Shanghai Debut, and Reach Capital's Fast $265M Close.

August 19, 2026 Read →
Briefing

Briefing – June 17, 2026

SpaceX Overtakes Amazon and Pays $60bn in Stock for Cursor. Plus: Anthropic's Clash With Washington, BOJ at 1%, and Tencent Backs Geneva's ZAAN.

June 17, 2026 Read →
Briefing

Briefing – June 10, 2026

The Iran Conflict Becomes an Inflation Variable: What the Oil Bid Is Telling You Going Forward. Plus: SpaceX Opens the MANGOS Era, Rent the Model - Not Own It, and Throttled Frontier.

June 10, 2026 Read →
Briefing

Briefing – June 3, 2026

Hormuz Mining Disclosure Signals a Structural Shift in Energy Risk Pricing. Plus: Voluntary AI Review Framework, Goldman's 'Greed' Warning, and AI Infrastructure Earnings.

June 3, 2026 Read →
Special Report

Anthropic Takes On Wall Street – Part 1

What happened and who's affected. A structural analysis of Anthropic's financial services JV announcement and its implications across the industry.

May 5, 2026 Read →
Special Report

Anthropic Takes On Wall Street – Part 2

Regulatory landscape and architecture deep-dive. How this JV fits within existing financial regulation and what the technical deployment looks like.

May 5, 2026 Read →
Special Report

Anthropic Takes On Wall Street – Part 3

The AI race and competitive positioning. Where Anthropic sits versus OpenAI, Google, and emerging players in the battle for enterprise finance.

May 5, 2026 Read →

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