Andrew Lokenauth

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Andrew Lokenauth

Andrew Lokenauth

@FluentInFinance

I write https://t.co/mkgnr1Cb9H, trusted by 100,000 to get smarter with money, investing, the economy, stock market, geopolitics, tech/ai and decision-making.

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Andrew Lokenauth
Andrew Lokenauth@FluentInFinance·
@freehand_ai Good rule for spotting AI opportunity in any industry. Find work that’s too cheap to do right and too expensive to skip. Invoice auditing is exactly that.
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Freehand.ai
Freehand.ai@freehand_ai·
We saved $260M in cash for cos. like Meta, Unilever, and J&J by finding baseless charges across 19M+ invoices. Now, we've raised $75M to extend our guarantee: if we can't find $500K in overpaid invoices, we'll pay you $10K. Book a demo: hubs.li/Q04qP6lp0 ------------------------ How it works ⬇️ PROBLEM: A Fortune 500 gets a million invoices a year. Most of them are for a couple hundred dollars. Checking one properly means opening the contract, pulling the rate card, matching the PO, and hunting down the bill of lading that proves the shipment moved the way the carrier says it did. All of that work to defend $200. So nobody does it. The pile goes to a human. The human audits only a sample (12%) and pays the rest (88%) blindly. That's where the money goes. At a pharma co, we found an uncontracted surcharge billed across global carriers for two years. $26M nobody questioned, because every individual line looked ordinary. Each surcharge is small enough that escalating it costs more than paying it. And there are a million of them. ------------------------ SOLUTION: Freehand’s AI reads everything: every line of every invoice, against every contract, rate card, transaction data, bill of lading, warehouse record, time sheet, and email exchange between you and the supplier. It also analyses every past invoice, and transaction data with that supplier, ever. It holds all of this knowledge in a Context Graph. When an invoice arrives, it knows what you should pay, what actually shipped, if the service was delivered or not, what the SLA was, and what this supplier billed you for the same service last quarter. Then it proactively: > writes up the dispute with the evidence attached > emails the supplier > calls her when the email goes quiet > Slacks your purchases team for more information > Follows up until the invoice comes back corrected. > Approves the correct invoice > Pays it across different currencies and tax structures > And accrues the right amount to your general ledger Freehand’s will do all of that to recover $20, because it is doing it across all millions of invoices at the same time, saving 5-10% of company spend with 100% SOX compliance and auditability. ------------------------- 🚨 RT + reply "FREEHAND" and we'll send you the AI upskilling guide that's already helped 750+ displaced workers move into more secure, higher-paying AI-native roles through Freehand's Transition Bootcamp.
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Andrew Lokenauth
Andrew Lokenauth@FluentInFinance·
@jiang_kev @polarbrowser When 30 seconds of typing replaces 100 hours of work, the value of knowing what to type goes up 100x. Prompting will become a job skill the way Excel was in the 90s.
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Kevin Jiang
Kevin Jiang@jiang_kev·
We just raised $5.7M for @PolarBrowser, the AI browser that beats Anthropic and OpenAI on every major web agent benchmark. - 4,500,000+ actions taken for users, automating sales, recruiting, and ops - One company cancelled Clay and saves 25+ hrs/wk per person - Team is from MIT, YC, Prod, Citadel, Jane Street, Perplexity, Modal, and Apple 100 hours of work. From 30 seconds of typing. Download the world's most powerful AI browser: polarbrowser.com
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Andrew Lokenauth
Andrew Lokenauth@FluentInFinance·
A family of four now needs $178,000 to $301,000 a year to get by in America. Meanwhile, the median U.S. household only earns $83,730. The American Dream now requires an income most will never earn.
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Andrew Lokenauth
Andrew Lokenauth@FluentInFinance·
In 1971, President Nixon took the U.S. off the gold standard. That year, a minimum-wage worker earned 0.046 ounces of gold an hour. Today, that much gold is worth about $185 an hour. And measured in gold, the S&P 500 is down 66% from its 2000 peak. They printed money and your purchasing power disappeared. That’s what they stole from Americans.
Magoo PhD@HodlMagoo

The US stock market peaked 26 years ago. Priced in gold, the S&P 500 is still down 66% from its 2000 high. It is LOWER today than the day Nixon closed the gold window. You just don't see it — because you measure your life in dollars.

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Fish Audio
Fish Audio@FishAudio·
Today we’ve raised $52M Seed and we are announcing the public launch of S2.1 Pro. >It can clone a voice from 5 seconds of audio >2x faster than Cartesia & 1/6th the cost of Eleven Labs >most expressive model with word level control over emotion, intonation, pacing etc We support frontier AI companies including HeyGen, LiveKit, Retell, Sanas, and OpenArt all run our model in production. If you're a business and we can't cut your voice AI costs by 50%, we'll give you 1 year of Fish Audio for free. Book a demo: s.fish.audio/tmapke To celebrate our first birthday, we'll give you 1 month of S2.1 Pro for free. Like, retweet, and comment “Fish” to get it.
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Andrew Lokenauth
Andrew Lokenauth@FluentInFinance·
Your grandparents could buy a home and raise a family on one income. Today, many people under 30 can’t even afford rent on two incomes. An entire generation is realizing that a home and family may never be within reach. That’s a system failure. And society isn’t ready for what happens when millions feel they have no future and no stake in the system.
Financial Dystopia@financedystop

The most damaging shift in the modern economy was turning housing from shelter into the primary savings vehicle of the middle class. Once millions of households depend on prices rising, affordability and wealth preservation become opposing goals. If young workers conclude that homeownership is permanently out of reach, the consequences will extend far beyond housing.

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Andrew Lokenauth
Andrew Lokenauth@FluentInFinance·
The CEO of America’s biggest bank just said America has left lower-income workers behind. Jamie Dimon says too many Americans are stuck with weak schools, unsafe neighborhoods, and too few good jobs. The bottom 50% own just 2.5% of America’s wealth. Since when did the American Dream mean half the country splitting 2.5% of the pie?????
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