Blackstone released their 2026 investment outlook

Here are the key takeaways:

1) Apps are ballooning from to 100M faster than ever. The durability of that growth is another topic...

(more below) 2) Hyperscaler CapEx is shooting to 2.5x growth, but still remains under historical benchmarks as a % of rev

Ben Evans released 90 slides on "AI eats the world"

Here are the 14 most important ones: Every 10-15 years a new platform changes technology

In 1917, WWI began and America needed money, fast.

They had two options
1. Raise taxes
2. Take loans from citizens

The winner? Liberty Bonds.

In the end, 1 in 3 Americans chipped in.

Here's how Americana sold the dream: The marketing revolution began with America's most recognizable advertisement.

The Statue of Liberty pointing directly at YOU.

"YOU buy a LIBERTY BOND LEST I PERISH"

No interest rates mentioned. Just Liberty pleading for her life.

Lehman Brothers is the largest ever bankruptcy

They held $691B in assets

Here's the best slides from their 'Risk Management' deck:

Picture this:

London, 1609. You've got the craziest pitch in history.

Plant a colony in America.

Nobody's done it.
It'll cost a fortune.
And, half your investors might die crossing the Atlantic.

How do you raise money for that?

The Virginia Company had an answer: They needed serious capital for something that sounded completely insane.

So, they crafted the perfect story.

They created "Nova Britannia".

They painted Virginia as paradise. Flowing with "excellent fruites." Perfect weather. Gold everywhere.

Palantir just reported their first $1B quarter

Their co-founder, Alex Karp is all-time eccentric...
- lives in seclusion, without cell phone
- never learned to drive “I was too poor and then I was too rich”
- carries tai chi swords around the office

Here's their earnings deck: First, in Karp's letter to shareholders...

Chamath made $213M SPAC'ing Virgin Galactic

The stock is since down 94%

Here's their pitch deck:

Chamath SPAC'ed OpenDoor at a $4.8B valuation

The market cap is now $437M, down 90%

Here's their pitch deck:

Goldman Sachs analysts reveal "inhuman & abusive" working conditions

View the leaked deck:

Stratton Oakmont defrauded 1,500 investors of $200MM

Jordan Belfort gave this 'sales script' to his 1,378 employees:

Bill Ackman released a 49-slide deck on Harvard

"Buy, Sell, or Hold"

Here's the top slides:

Herbalife is a $5B pyramid scheme

Here's their distributor pitch deck:

BlackRock's fixed income platform manages $1.9T

Here's their pitch deck:

Soho House stock is down 54% all time

Its largest owners are considering going private after a short seller report draws comparisons to WeWork

Here's the pitch deck and report:

Reddit is going public at a $5B valuation

Here's their pitch deck:

Herbalife is a $5B pyramid scheme

Here's their distributor pitch deck:

OpenAI has raised $11.3B

Here's their pitch deck:

Perplexity AI raised $103M from Jeff Bezos, Nvidia, and others to replace Google Search

Here's their pitch deck:

Stratton Oakmont defrauded 1,500 investors of $200MM

Jordan Belfort gave this 'sales script' to his 1,378 employees:

Bird Scooter raised $883M and was valued at $2.5B

They just filed for bankruptcy

Here's their pitch deck:

In 2021, Callaway acquired Topgolf for $2B

Here's their pitch deck on the deal: