Stefanie Smith

Business growth starts with clarity. Clarity starts with SIMPLE answers to these 5 questions. 1. What are building? 2. How does it work? 3. Who is it for? 4. How do you make money? 5. Why?

@datingbyblaine a successful personal injury lawyer once told me that you have to be very good at choosing your clients. This reminds me of that.

Why is matchmaking expensive? To illustrate, here’s how I’ll lose money on a client’s $49,000 package. Client is 46, 6’2, exited tech founder. He’s looking for a woman 27-33, very specific criteria around match personality, appearance, and profession. Without diving into specifics, she: • Isn’t easily searchable online... • Isn’t likely to reply when we find her… • Isn’t likely to be single… • Often has a deal-breaker trait we can’t screen for without a phone call… • Isn’t necessarily interested in my client… I was expecting this to be a difficult search, so I quoted $49,000. I wasn’t expecting ~100 hours of labor to find each match, not including communication with the client! To date I’ve spent $45,000 on salaries for the women staffed on his search, plus $2,750 on styling and photos, and we still owe the client 2 matches... Before considering overhead (let alone opportunity cost) this will be a huge L financially. Things balance out though. Most engagements are profitable. Some engagements are quite profitable. For example, a new client in NYC paid $30,000 and paused after his first match, because he’s 99% sure we found his wife. That's still a new relationship, and engagements last 9 months (6 months of active matching + up to 3 months of pause), so we could be on the hook for more work in coming months. But you get the point 🙏

Fannie Mae to Accept Crypto-Backed Mortgages for First Time wsj.com/real-estate/fa…

@dontmitch @collision same!

@collision I thought this was an early April fools joke.

United built the product that everyone who has every been on an airplane has wanted!

@Blockworks launches an investor relations division. Looks well thought out and well supported by the industry. LFG I guess 😄

Celebrating the birthday of William Morris, born on this day in 1834. He played a central role in the Arts and Crafts Movement, championing the value of handmade craftsmanship at a time when the Victorian era was defined by industrial progress.

⚡ NASA just released insane new image of Mars. Yes those are real clouds. on Mars. 250 million miles away from us. Not just any clouds, these are extremely rare Iridescent clouds seen for the first time ever on an alien planet.

The biggest game of the first round is on Friday, when Long Island battles Arizona for iced tea supremacy

@allenanalysis I’ll offer a different take..they all know. Gabbard knows intelligence is her responsibility. Patel knows he fired counter intelligence staff. They are side steeping questions and feigning cluelessness. Nobody wants to be the one holding the bag

This exchange just happened in Congress. Senator Cohen to FBI Director Kash Patel: “The people you fired were experts on Iran, were they not?” Patel: “I don’t believe so.” Cohen: “They worked in counterintelligence, did they not?” Patel: “I’m taking you at your word.” Cohen: “You’re the director. I’m not. You should know the answer.” The Director of the Federal Bureau of Investigation does not know who he fired. Does not know if they were Iran experts. Does not know if they worked in counterintelligence. Is taking a senator’s word for it. This is the man running America’s domestic intelligence agency during the most severe national security crisis since 9/11. Iran has activated sleeper cells. Encrypted communications intercepted as operational triggers. A war with no exit strategy. Joe Kent resigned because the investigation was stopped. Charlie Kirk’s last words to Kent: stop us from getting into a war with Iran. And the FBI Director doesn’t know who he fired. Or what they knew. Or what America lost when they left. Never stop connecting the dots.

The US as a lifestyle business 😄 🟡 Uncomfortably balanced #b" target="_blank" rel="nofollow noopener">semafor.com/newsletter/03/…

@EugenAlpeza @sequoia @8vc @A_StarVC super interesting

We’re out of stealth. Today, we’re also announcing our Series A led by @sequoia , @8vc , and @A_StarVC , bringing our total funding to $30M+. Every enterprise needs to teach their AI how to do work. We build agents that reverse engineer enterprise processes, then run them. Read about the future of learning in the enterprise: x.com/edra_ai/status…

18 years ago today, Bear Stearns collapsed At its peak, it was one of the most powerful banks on Wall Street with a valuation of $20B Its collapse set off a crisis that wiped out $19 trillion in American household wealth: • 85-year-old bank → erased in 72 hours • Stock: $170/share → sold for $2 to JPMorgan • Employees: 14,000 → retirement accounts wiped overnight • The Fed brokered the emergency deal over a single weekend • This was just the beginning → Lehman fell 6 months later America woke up Monday and the world had changed

💯 I’ve been talking about this since 2021.

Factify, an AI-native company revolutionizing how businesses manage contracts, compliance, & enterprise data, picked Pittsburgh for its first U.S. hub—citing advanced research institutions and a deep talent pool. As companies grow, PA delivers. 🚀 ow.ly/a24N50YuHC1

A very practical use case: A campus Lost & Found app that started as a single paragraph. Now students can post lost items, search what’s been found, and reconnect things with their owners. Built with Caffeine. x.com/eieromosele/st…

@andyyy had the exact same thought this morning when I saw this.

Kraken is on a generational run right now. 24/7 tokenized stock trading is coming, and it’s coming very fast. The most interesting part of this headline is the markets will happen on Kraken itself, not the typical NASDAQ brokers like Schwab, TD, etc Hyperliquid.

If you can’t beat ‘em, join ‘em. Novo Nordisk to Sell Weight-Loss Drugs Through Hims & Hers wsj.com/health/pharma/…

TradFi isn’t so traditional anymore. @xStocksFi × @Nasdaq

The global economy is held up by SF lying to NYC about how fast AI is growing and NYC lying to Abu Dhabi about how safe private credit is and Abu Dhabi lying about how safe their oil is

Today’s Daily Cartoon, by Matt Reuter. #NewYorkerCartoons

Oura acquires Doublepoint, a startup that specializes in gesture recognition technology techcrunch.com/2026/03/05/our…