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
"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
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
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
“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
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
On traveling while you're young, and other musings:

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