Fundraising in crypto • Trend of enabling shitty founders that raise based on hype/fomo (L1s, crypto gaming, nft projects, launchpads) but 4 years passed without any product • Paying themselves an absurd salary from the fundraise and slow rugging the project • Multiple fundraising rounds, with some investors only geting a SAFT yet no intention of TGE-ing • Ghosting investors/ not providing quarterly updates (bare minimum) after taking their money When proper projects with good business models and ethical, professional founders come along, investors hesitate to invest because of PTSD

Fundraising through initial public offerings in Japan is drying up, in contrast to a dealmaking boom across Asia, after regulatory changes and a dearth of artificial intelligence related companies depleted up the listings pipeline

Fundstrat’s Tom Lee says stocks could face their next “speed bump” between mid-October and the midterm elections, but sees a pullback as a potential clearing event before year-end. (Original source: @SquawkCNBC)

“Fundamental physics is overrated. It doesn’t at all explain the universe.” @carlorovelli is challenging the hunt for a “theory of everything”. Listen to “Babbage”

FUNDA has been conducting in-depth research on $INOD for some time. Last year, we published several detailed reports examining how META’s acquisition of Scale AI would affect INOD, drawing on extensive expert interviews and technical discussions. Deep|The Scale AI Halo Effect Updates: INOD May Haved Raised Its Sales Target This Year Deep|The Scale AI Halo Effect: Will Meta's Investment Lift the Other Boats, or Just the Leader?