Watch Claude's new AI agent build a DCF live on-stage in <2 minutes. Fully auditable spreadsheet w/ links back to source. 🤯
If you're a founder building "AI agents for investment bankers" this is scary.
If you're a financial analyst, this is exciting (work just got easier!), but also scary (might get fired...).
If you're a hedge fund manager, competition to find an edge just got even fiercer.
What's impressive is not just the DCF, but how it comes together.
Claude has built a bloomberg terminal. pulling data from public + private sources
- Edgar
- FactSet
- Morningstar
- PitchBook
- S&P Global
- Daloopa
- internal file systems
& more.
And it doesn't stop at the DCF. Will write a full memo formatted to match the firm's template.
That's pretty awesome. I used to be an investment banker. Pulling the data alone took hours and was a complete pain.
And this is just v1.
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1/ spoke w/ @rebecca_szkutak from techcrunch on why the emerging managers (especially those whose fund's are mostly undeployed) are well positioned in current market.
🧵👇
2/ the exit environment that matters to a fund like ours, which is investing very early, is more than seven years in the future, so the pain being felt later stage is less relevant.
3/ all @Cambrian_HQ's portfolio companies have 24+ months of runway and are in a good position to put their heads down and keep building through a market cycle (and hiring is starting to get easier)
1/ The end of @simple and the rise of neobanks (a neobank is dead, long live neobanks!)
a story 👇
2/ When @simple announced it was shutting down this month, the news was met with dismay from both its customer base and the greater fintech community.
The arc of Simple, one of the first neobanks to enter the mainstream zeitgeist, was a harbinger for the rise of fintech.
3/ When it was founded in 2009, Simple was a revelation. Here was a company that brought technology to banking, offering smart budgeting and safe-to-spend balance monitoring.