Stealth Startup Investing: Risks Before You Wire Money
TL;DR: A stealth startup is a company that keeps its product, team or customers private on purpose. Investing in one means writing a check against claims you can't independently see. You can still ve…
October 16, 2026
Google's 890 MW Nuclear Deal and the Grid It Plugs Into
TL;DR: Google signed a 20 year power purchase agreement with Constellation Energy on October 6, 2026. It funds upgrades at 11 nuclear units that add 890 megawatts to the PJM grid, backed by more than…
October 15, 2026
Solvera Raises €5.62M Pre-Seed for AI Engineering Firm
TL;DR: Solvera, an Oslo company that operates as an AI native building engineering firm, announced a €5.62 million ($6.3 million) pre seed round on October 15, 2026, led by Seedcamp. It began operati…
October 15, 2026
Google's 890 MW Constellation Deal: What Isn't Priced
TL;DR: Google and Constellation Energy signed a 20 year power purchase agreement on October 6, 2026 to add 890 megawatts of nuclear capacity to the PJM grid through upgrades at 11 reactors in Illinoi…
October 13, 2026
Army Awards $4.15B in Counter-Drone Contracts to 10 Firms
TL;DR: The Army awarded 10 counter drone contracts with a combined $4.15 billion ceiling in late September, according to Defense One , but only about $50 million was obligated at award. The ceiling i…
October 13, 2026
409A Valuation: What Angel Investors Should Check
TL;DR: A 409A valuation is an independent appraisal of what a private company's common stock is worth for tax purposes, used to set employee option strike prices. It is not the price you pay for pref…
October 13, 2026
Convertible Notes vs SAFEs: An Angel's Downside View
TL;DR: According to Almanac , citing the Angel Capital Association's 2020 Angel Funders Report, 37% of angel deals in 2019 used convertible notes, and SAFEs have gained ground since. If you write che…
October 13, 2026
Gen Z Now Outspends Every Art Collector Group
TL;DR: Gen Z collectors averaged $347,460 on fine art in 2025, according to Ithaca Gallery's write up of the 2026 Art Basel and UBS survey, against $124,265 for all 3,100 wealthy respondents. The sur…
October 13, 2026
IMF Forecasts US Inflation at 3.6% in 2026, 2.8% in 2027
TL;DR: The IMF now projects US headline inflation at 3.6% this year, two tenths of a point above its April forecast, easing to 2.8% in 2027, per El País English . Core inflation doesn't reach the Fed…
October 13, 2026
Cap Table Basics: What Every Investor Must Check
TL;DR: Carta's data puts the median Series A option pool at 15% of fully diluted equity, and every point of it comes out of your stake, according to Carta . Read a cap table for three things: how lat…
October 12, 2026
Federal Deficit Hits $2 Trillion in Fiscal 2026
TL;DR: The Congressional Budget Office reported Thursday that the federal government ran a deficit of about $2 trillion in the fiscal year that ended September 30. CNN, via ABC17 reported that the ga…
October 12, 2026
Fed Turns Hawkish but Can Wait on the Next Hike
TL;DR: Federal Reserve officials now lean toward more rate hikes, but the September minutes and recent speeches say they can wait for more data first. Markets price a pause at the October meeting and…
October 12, 2026