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Wednesday links: institutional forgetting

Abnormal Returns

axios.com) AI OpenAI is buying Jony Ive's AI startup. paulkrugman.substack.com) What happens to the budget (and yields) if we have a recession? axios.com) The proposed budget does little to address entitlement spending. (morningstar.com) Short interest is ticking higher. nytimes.com) Some additional tariff math.

Budgeting 194
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10 Thursday AM Reads

The Big Picture

Wall Street Journal ) • How Tiger Global, one of the biggest backers of startups over the past decade, fell to earth : As the firm grew, Tiger prioritized speed and began writing checks at a more rapid clip. Budget Has Receded. They’re doing it again after a two-decade break. Say hello to Cook Out. Vice ) • A Huge Threat to the U.S.

Budgeting 147
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Tuesday links: staying young psychologically

Abnormal Returns

(sherwood.news) Why a specialized unit of the Israeli army creates so many cybersecurity startups. frontofficesports.com) Global Ireland is running a budget surplus. wsj.com) ESPN How ESPN plans to survive in the age of streaming. axios.com) Year 2 for ESPN Bet is here. ft.com) Russia's military actively uses Telegram. than Europe.

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Sunday links: pricing in risk

Abnormal Returns

platformer.news) VC You can expect to see more startups closing up shop as funding dries. caia.org) Policy The era of flush state budgets is coming to an end. (om.co) Twitter really hates paying its bills. wsj.com) How a seed investor approaches valuation discussions. hunterwalk.com) Focus matters for VCs.

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15 Recession-Proof Businesses That Thrive in Any Economy

Clever Girl Finance

These are businesses that meet everyday needs, provide essential services, or deliver comfort and value when people are tightening their budgets. While it can be difficult for parents to pay for things like daycare costs when budgets get tight , it’s still a necessity for many families, especially when both parents work.

Economy 69
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Tax Planning for When Your Startup is Going Through an Acquisition

Harness Wealth

Founders, board members, and employees of startups that get acquired can experience tax consequences as a result of a liquidity event. For example: How much do you need to budget for taxes? It’s imperative to plan for the tax implications so you can be prepared to pay what you owe the IRS.

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How to Leave a Salary Behind to Launch an RIA of Your Own

XY Planning Network

If you’re looking to leave your existing job and start your journey to independent RIA ownership but you’re afraid to lose your paycheck or have concerns about startup capital, you’re not alone.

Startup 96