It was a lot of fun breaking down Wise with Zack Fuss and the Join Colossus team. As an ex-pat myself, I've been a huge fan of the product for a number of years, so it was an honour to describe what a mission-focused and durable 'scale economies shared' business Wise actually is

'A Letter to Starters' is a deep dive into TDM's client structures, operating model & investing philosophy. It's these details that enable us to invest as true long-term owners; a model resulting in 25% CAGR for the last 17 years. tdmgrowthpartners.com/insight/a-lett…

Having listened to the other 99 eps it is a treat to have now contributed. I have always been fascinated with the business of the IPL, but there has been such little analysis done on it. My motivation was for this to be centralised source for those (like me) wanting to learn more

Earnings season '22 has come to an end in the US. We looked at the 115 publicly listed US software companies as they reported and gave guidance on 2023. In an uncertain macro environment, we paid attention to growth and operating margin trends. Read our synthesis below:

There is a cultural revolution going on at Block - recapturing the start up entrepreneurial DNA while operating at massive scale. At the heart of this has been a few key figures, one of which is OBJ, who has been at the forefront of the new product velocity

our lead independent director Roelof Botha and i wrote about the history of organizational structures, and our intent to rebuild block as a mini-AGI. x.com/jack/status/20…