Jack Raines
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jackraines.bsky.social
Jack Raines
@jackraines.bsky.social
Investing @ Slow Ventures. Write a blog called "Young Money." A lot of people read it, you should too: www.youngmoney.co/welcome
Twitter DMs broke again so checking in here.
May 23, 2025 at 6:07 AM
24-year-old me’s decision to start blogging incessantly has proven, time and time again, to have a stupidly high ROI.

Long tail effects of the written word are drastically underestimated, imo.
January 24, 2025 at 5:08 PM
New blog just dropped: on the late 20-something’s career pressures:

www.youngmoney.co/p/the-late-2...
The Late-20-Something's Professional Dilemma
On the pressure to figure out your "thing".
www.youngmoney.co
January 23, 2025 at 8:41 PM
"While status is subjective, status games are unavoidable. We are constantly evaluating others’ status, others are constantly evaluating ours, and we ourselves are always chasing some form of “status,” regardless of whether we’re conscious of the chase."

Blog: www.youngmoney.co/p/status-gam...
January 20, 2025 at 4:41 PM
Took a new job, moving to SF, and other fun life updates:

www.youngmoney.co/p/new-year-n...
New Year, New Me, New Job, New City.
Got a new job, moving to San Francisco. Funny how life works.
www.youngmoney.co
January 17, 2025 at 2:43 PM
TSA precheck has the be the highest ROI on a purchase under $100… right?
January 16, 2025 at 11:23 AM
Reposted by Jack Raines
Tech leaders—Zuckerberg, Bezos, Altman—are all lining up to donate $1M to Trump's inauguration fund. But what does a million dollars mean to someone with that much money? sherwood.news/power/what-b...
What Bezos, Zuckerberg, Altman, and Musk’s donations to Trump would feel like for normal people
It’s one banana, Michael. What could it cost, $10?...
sherwood.news
December 13, 2024 at 4:55 PM
Reposted by Jack Raines
"My personal take is that I just don’t see how anyone could have bought Hawk Tuah coin and expected any outcome other than immediately losing everything." - @jackraines.bsky.social
I, for one, am Shock Tuah'd that Haliey Welch's crypto tanked
The viral social media star, to podcaster, to questionable crypto launch pipeline remains robust....
sherwood.news
December 10, 2024 at 8:47 PM
Moneylion is getting acquired for $1 billion. It went public through a SPAC deal around $2.4 billion. Was trading at $100 million 18 months ago.

Lots of SPACs were real companies that just had poor valuations, but made good investments after initially selling off.
December 10, 2024 at 7:53 PM

"The next social event, the next happy hour, the next promotion, the next job, the next date, the next side hustle, the next project. Every ounce of silence is replaced by noise. Distraction. Dopamine. It’s exhausting."

New blog: escaping the dopamine machine:

www.youngmoney.co/p/factory-re...
December 6, 2024 at 5:26 PM
A thing about bitcoin that I’ve found annoying is that the original argument for it, a decentralized currency that can’t be manipulated, is effectively dead.

The price went up because 1) it’s broadly accessible on exchanges and 2) people just… bought it.
December 5, 2024 at 1:19 PM
Great to see Taylor Lorenz celebrating an insurance executive with a wife and two kids getting murdered today. Impeccable taste.

American health insurance is a broken industry. Taking a victory lap on someone's grave is gross. Do better.
And people wonder why we want these executives dead
Blue Cross Blue Shield in Connecticut, New York and Missouri has declared it will no longer pay for anesthesia for the full length of some surgeries.

It the procedure goes over a certain time, anesthesia will not be covered for the duration.

www.asahq.org/about-asa/ne...
December 4, 2024 at 11:47 PM
Twitter does still produce some bangers.

Cracked out kid (who I chatted with two years ago, funny enough), casually tracking all Citibike data for a side project may be helping with the manhunt in Manhattan.
December 4, 2024 at 9:44 PM
Since Jaguar's newest release is a "nonproduction model," I wanted to submit my application to be Chief Creative Officer. How'd I do?
December 3, 2024 at 3:11 PM
A few things that can be true at the same time regarding Musk's pay package:

1) Tesla's stock price has increased ~20x since his pay package was created in 2018, and he should be compensated accordingly.
December 3, 2024 at 2:46 PM
This is true. Excited for us to acquire Greenland.
Everyone agrees there should be more than 50 states, right, and we only stopped there because of round number bias?
December 3, 2024 at 3:59 AM
Social networks are a flywheel. Comment on folks’ stuff here like you do on X, they’ll engage back, the network strengthens. It works the opposite way too.
December 3, 2024 at 12:19 AM
“While the most compulsive gambler on a roulette table knows he’s playing a game of luck, the investor can easily convince himself that it was his own analysis that made him rich, not market/sector beta or sheer chance.”

Blog: www.youngmoney.co/p/you-only-h...
December 2, 2024 at 11:49 PM
Reposted by Jack Raines
What we know so far about today's bizarre "relaunch" of Enron: the guy behind "Birds Aren't Real" is involved, and there's probably a cryptocurrency coming soon sherwood.news/crypto/behin...
Birds aren’t real, and neither is the Enron relaunch
What we do know: the guy behind "Birds Aren't Real" is involved and there's probably a cryptocurrency coming soon....
sherwood.news
December 2, 2024 at 9:06 PM
Here's a fun one: the guy who owns the "Birds aren't real" trademark just relaunched Enron's X account and website.

Apparently, they're launching an "energy" product, but it feels like another crypto launch is pending. My latest, on @sherwoodnews.bsky.social:

sherwood.news/crypto/behin...
Birds aren’t real, and neither is the Enron relaunch
What we do know: the guy behind "Birds Aren't Real" is involved and there's probably a cryptocurrency coming soon....
sherwood.news
December 2, 2024 at 9:29 PM
Interesting how at every level of society, from high school to the Oval Office, everyone tries to buy favor with the cool kids.
To break into the unusual circle of influence that surrounds Trump, chief executives are discussing whether to secure an appearance on Joe Rogan’s podcast. They are buying the Trump family’s cryptocurrency token and emailing tips about spending cuts to Vivek Ramaswamy www.wsj.com/politics/tru...
Corporate America Launches Unorthodox Campaign to Gain Trump’s Attention
Companies are looking at scrubbing left-leaning policies from their websites and scoping out appearances on conservative podcasts.
www.wsj.com
November 30, 2024 at 5:42 PM
Really interesting breakdown from @jonkeegan.com at @sherwoodnews.bsky.social on engagement stats across X, Threads, and BlueSky. TLDR: BlueSky is punching above its weight, despite its lower user base.

Will be interesting to see if this sticks.

sherwood.news/tech/bluesky...
November 29, 2024 at 4:11 PM
DOGE is going to prove to be much more of a distraction to policy than a catalyst for it.
November 28, 2024 at 10:27 PM
Good to get back to South Georgia for a few days. It’s slower. You have time to actually think. NYC is dopamine overstimulation.

Not a bad thing, but everything in moderation.
November 28, 2024 at 9:52 PM
On traveling while you're young, and other musings:

www.youngmoney.co/p/advice-22y...
November 28, 2024 at 9:20 PM