Yoni Ben-Shimon

Investing in movements 2.0: Culture is really underrated as an asset class. Culture is value alignment that creates loyalty and stickiness. thats scarse. Unlike software, which is going to 0. The result of the 2: culture lead empires: streamers, political leaders, some communities around games /movies and religions will become empires that own a stablecoin, a prediction market, a bank, and more. Already started with trump liberty finance and Beast Industries The movement thesis all over again.

@jack hermes agent

hermes agent

let stocks movements flourish @longdotxyz

@degentral @vladtenev this is @longdotxyz

It just makes sense that @vladtenev lists a token paired with a RWA as a Trojan horse for the degens that just want to gamble on memecoins no? Just a thought.

@saintniko tokenized stocks can bring movements back

can’t remember the last time onchain was this fun

JUST IN: America’s "NILF" population — Not in Labor Force — surges by 832,000 to a record 105.8 million.

philanthropy isn't really a buzz word in SF but with the AI boom it might start becoming one @nanransohoff wrote a blog on "the third wave of american philanthropy" to give a glimpse in what might be to come with new AI wealth. @YoniCombinator and I decided to host a dinner to discuss with people who cared about the topic and here were some of the takeaways: 1/ we may see a reversal of the second wave's obsession with measurable outcomes. instead of optimizing only for metrics, the next generation of philanthropy may fund things that are difficult to quantify but deeply valuable: meaning, beauty, culture, community, curiosity, and human flourishing. 2/ the nonprofit model may not be the right incentive structure for many public goods. some of the most valuable things for society don't fit neatly into either traditional nonprofits or venture-backed startups. that suggests we need new institutional models. or a format that popularizes combining both like openAI. 3/ external forces might help nonprofits operate more like startups. competition structures, new incentives for talent, and accelerators for non-profits could make public-good organizations dramatically more effective. 4/ an open question: the first wave of philanthropy helped fund libraries, museums, parks, universities, and civic institutions. will there be new physical spaces in the third wave? some ideas came up around new forms of educational campuses, community labs, and "problem solving pods" the biggest takeaway, the future will be bright :) a lot of money will be flowing into cause areas. the only question is how efficiently that money will be used. link to nan's post in the thread -- thank you all who attended!

FUNDING CANONICAL VISIONS

Hermes Agent

stocks and memes

@YoniCombinator Thanks to everyone who joined! Looking forward to doing more

BREAKING: The average US home is now more unaffordable to the average American than at any point in history, per CBS

san francisco is the most beautiful city in america

BREAKING: Nearly half of American adults under 30 are living with a parent, per WSJ

Also, if this piece resonated with you: @YoniCombinator and I are running a small retreat on July 19th in the Bay Area to talk about China/US biotech. Link in reply.

shabbat

AI makes you stupid

we finally starting building the language for talent curators . "Talent is a person who attracts smart people and holds deep relationships with them. They may or may not be technical. They are the magnet."

WE NEED A NOUS RESEARCH FOR ESMC biohub.org/ai-models/

@blockchainbrett betting on people all the way down

Cultural collectibles might really come into the mainstream. What's the best way to get skin in the game on people you believe in? Sports and TCG cards won't be the only way. There's a bunch of gems today people don't think about that are the beginning of the category.