Podcasts about Stripe

Thank you to our sponsor, Mantle! In this Unchained podcast episode, guests Alex Thorn and Ryan Graham share their 2026 outlook for Bitcoin and the broader crypto market, exploring why the year looks unusually uncertain. The conversation also digs into questions around Ethereum's long-term value, whether killer apps are enough to drive adoption, prediction markets' push into sports betting, and why the privacy meta could continue in 2026. Hosts: Laura Shin Guests: Ryan Graham, Research Analyst at Messari Alex Thorn, Head of Firmwide Research at Galaxy Digital Links: DAT Stocks Are on Sale. Are They a Buy? Plus, Why Crypto Is Dead Ethereum's Vitalik Buterin Says Blockchain Trilemma ‘Has Been Solved' Solana Withstands Week-Long DDoS Attack Solana Mulls Proposal to Lower Inflation Rate Western Union Files ‘WUUSD' Trademark After Solana Stablecoin Reveal Why the Privacy Coins Mania Is Much More Than Price Action The Chopping Block: Hyperliquid vs. Tarun, ADL Transparency & The Coming Perps Arms Race How to Trade Prediction Markets Without an Opinion on the Event Why Wall Street Banks Need to Launch Their Own Stablecoins How the GENIUS Act Creates a Built-In Advantage for Banks and Deposit Tokens Klarna Launches Stablecoin Built on Stripe's Tempo Chain How the x402 Standard Is Enabling AI Agents to Pay Each Other Learn more about your ad choices. Visit megaphone.fm/adchoices

Follow me on Instagram: https://www.instagram.com/AngelamarieScafidi - Ways to Support the Show:

This episode began life as our 2025 Patreon fundraiser — but we're releasing it here, freely, on the main feed, with a new intro and two additional questions!For this special episode, we invited last year's guests to turn the tables and ask us whatever they liked. What came back was a rich, surprising mix of the playful, the personal, and the deeply searching. Questions came in from Rowan Williams, Brian McLaren, Selina Stone, Chine McDonald, Lamorna Ash, Gareth Higgins, Jennifer Bird and many others.Along the way, we talk about: • the gap between what we believe and how we actually live • remembering joy in a world wired for disappointment • scripture, inspiration, and what still feels life-giving • whether love really does conquer everything • faith, imagination, childhood toys, books we'd reread forever, and the strange magic of 1980s technology • and which portrayals of God in the Bible we find hardest to love or respectWe also talk openly about why we ran a fundraiser in the first place, what we learned from it, and why we ultimately decided to make this episode freely available to everyone.Supporting Nomad:If you've found Nomad helpful and would like to support the ongoing work of the podcast, you can make a one-off donation via our secure Stripe donation page. Any amount is genuinely appreciated and helps us keep Nomad sustainable into 2026.DONATE HEREAnd if you're not in a position to give, you are still completely welcome here. No pressure. No guilt. Just thanks for listening.

Today, Hunter was joined by Jessie Lenhardt, a Management Consultant with Moss Adams. In her time as a consultant, Jessie has helped countless government agencies, including public defenders, improve the organization structures and practices. Today, she joins the show to discuss on her reflections in helping public defender offices implement workload studies.   Guest: Jessie Lenhardt, Senior Manager, Moss Adams   Resources: Contact Jessie Here https://www.mossadams.com/people/jessielenhardt https://www.linkedin.com/in/jessie-lenhardt/   Contact Hunter Parnell:                                 Publicdefenseless@gmail.com  Instagram @PublicDefenselessPodcast Twitter                                                                 @PDefenselessPod www.publicdefenseless.com  Subscribe to the Patreon www.patreon.com/PublicDefenselessPodcast  Donate on PayPal https://www.paypal.com/donate/?hosted_button_id=5KW7WMJWEXTAJ Donate on Stripe https://donate.stripe.com/7sI01tb2v3dwaM8cMN Trying to find a specific part of an episode? Use this link to search transcripts of every episode of the show! https://app.reduct.video/o/eca54fbf9f/p/d543070e6a/share/c34e85194394723d4131/home  

Today, I sit down with Daren Guo, co-founder of Reap, the stablecoin infrastructure company and the world's largest stablecoin card issuer, processing over $6 billion annually. Daren shares his journey from being employee #90 at Stripe to building the next generation of financial rails based on stablecoin infrastructure, serving everyone from neobanks in Brazil and Africa to traditional financial institutions expanding globally.The conversation explores why stablecoins represent more than just faster cross-border payments, they are the foundation for a fully tokenized economy where FX, bonds, equities, and real estate all move on-chain. Daren discusses Reap's recent MPI license in Singapore, their expansion into the US market, and how programmable money enables entirely new financial products like payroll streaming and on-chain escrow that simply weren't possible with legacy infrastructure.In this podcast you will learn:Daren's background setting up Stripe's Asia business.Why he decided to leave Stripe to start his own company.Their initial product vision.His thesis around stablecoins and why they represent the future of payments.Why they decided to start with stablecoin-powered credit card infrastructure.Where they are a Visa Principal member and the markets they serve.The types of companies that Reap is working with today.How the flow of funds work for users of Reap's credit card.Who is providing the stablecoin collateral.Reap's expansion plans for the US market.Why they applied for a Major Payment Institution (MPI) license in Singapore.The product suite that they are working on right now.The scale that Reap is at today.How they are serving traditional firms as well as crypto-native companies.Daren's vision for the next generation of money movement.Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes

THANK YOU FOR 50 EPISODES!  This is the 50th episode of Writers of Silicon Valley. Thank you for listening all this time - through my bad editing skills, a three year break, and me saying "absolutely" a lot.  It means so much that you'd tune in once, let alone 50 times. So thank you :)  As an extra 'thank you' I'm offering 35% off Advanced UX Content for Product at UX Content Collective. Use PODCAST35 at checkout :) Here's to 50 more.  Content design for AI agents Christopher Greer has been creating cool content design resources for years, but his latest is a real accomplishment: a Claude Skill that hooks into Figma and critiques UX writing.  It turns out Chris is quite optimistic about the state of the content design market.  We talk about his work at Stripe, what it actually means to design content for AI agents and internal systems - not chatbots for end users, but the infrastructure, context, and governance that sit behind them. Chris shares how content design skills translate directly into agent design, why context management is now a core capability, and how content designers can scale their influence by working closer to engineering and systems. What we talked about: ✅ Why content design skills map closely to designing AI agents and systems ✅ Context management, "context rot," and why structure matters more than prompts ✅ How content designers can scale influence through internal tools and governance ✅ Working as a content designer inside an engineering-led company like Stripe ✅ What Chris learned building and open-sourcing a Claude skill for UX writing critique ✅ Why GitHub and version control are becoming practical skills for content designers ✅ The risks AI poses to junior roles, and the strategic work that won't disappear ✅ Why qualitative judgment, taste, and human evaluation still matter Where to find Chris: LinkedIn Chris's blog Chris's Claude Skill

On the podcast, I talk with Jeff about Tinder's $50 million paywall win. Why now is such a great time to build apps, and how hard paywalls can mislead you about product-market fit.Top Takeaways:

The FIG rebranded to World Gymnastics, Max Whitlock and Yul Moldauer are back in the gym, I'm back from maternity leave, and the NCAA season begins with Stanford at Cal. For those new here, I'm Kensley the host of Neutral Deductions a Podcast all about men's gymnastics.  This is episode 88  where I'll be recapping what has happened in the last two months. -----------------------------------------------------------------Love our coverage? We would appreciate your financial support as we bring coverage live! We cannot do this without you! Even $20 helps us cover a meal!PayPal:⁠⁠⁠⁠⁠https://paypal.me/neutraldeductions⁠⁠Stripe: https://donate.stripe.com/dR62c1dxW1B01Jm5ko...#podcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠#sportspodcast⁠⁠⁠⁠⁠-----------------------------------------------------FOLLOW NEUTRALDEDUCTIONS!Website:⁠⁠⁠⁠⁠https://www.neutraldeductions.com⁠⁠⁠⁠⁠Instagram: instagram.com/neutraldeductionsX (Formerly known as Twitter): twitter.com/kensleyanne BlueSky:⁠⁠⁠⁠⁠https://bsky.app/profile/kensleybehel⁠----------------------------------------------------⁠#gymnastics⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ #sportpodcast ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠#olympics⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Today, Hunter was joined by Olivia Miller and Dallas Anselmo of the Clark County Public Defender Office. They joined to discuss the "corridor court" operating along the Las Vegas Strip. This speciality court, created at the urging of the casinos and resorts, funnels criminal defendants into a singular court room where people can be effectively banished from the entirety of the strip for seemingly minor crimes. In doing so, the corridor court gives casinos the power to unfairly police poverty along the strip.   As a note, the views expressed on today's show by Olivia and Dallas are their own and do not necessarily reflect the view of the Clark County Public Defender Office.   Guest: Dallas Anselmo, Public Defender, Clark County, Nevada Olivia Miller, Public Defender, Clark County, Nevada   Resources: Learn More about the office https://www.clarkcountynv.gov/government/departments/public_defender/   Learn More about the Courts https://thenevadaindependent.com/article/vegas-resorts-want-to-revive-court-geared-at-cleaning-up-strip-critics-say-it-was-a-failure https://www.reviewjournal.com/crime/critics-say-this-court-program-targeted-the-homeless-heres-why-strip-casinos-want-it-back-3530051/ https://lasvegassun.com/news/2025/nov/13/nevada-lawmakers-revisit-court-that-barred-offende/ https://mynorthwest.com/national/nevada-governor-signs-sweeping-crime-bill-as-state-looks-to-boost-tourism/4167419 Contact Olivia and Dallas oliviamiller620@gmail.com dallasanselmo@gmail.com     Contact Hunter Parnell:                                 Publicdefenseless@gmail.com  Instagram @PublicDefenselessPodcast Twitter                                                                 @PDefenselessPod www.publicdefenseless.com  Subscribe to the Patreon www.patreon.com/PublicDefenselessPodcast  Donate on PayPal https://www.paypal.com/donate/?hosted_button_id=5KW7WMJWEXTAJ Donate on Stripe https://donate.stripe.com/7sI01tb2v3dwaM8cMN Trying to find a specific part of an episode? Use this link to search transcripts of every episode of the show! https://app.reduct.video/o/eca54fbf9f/p/d543070e6a/share/c34e85194394723d4131/home  

This is a special episode, highlighting a session from ELC Annual 2025! Bill Coughran (Partner @ Sequoia Capital & former SVP of Engineering @ Google) and Bret Reckard (Talent Partner @ The General Partnership) deconstruct the evolving role of engineering leadership in an era dominated by AI hype. Bill is a legendary leader who joined Google right after the .com bubble and has seen every major industry shift since. Drawing on his experience scaling Google and advising world-class startups, Bill shares why the best leaders are "catastrophic thinkers," how to balance servant leadership with the need for decisive action, and why AI is forcing every leader to return to their technical roots. Plus they cover enduring companies and real value capture in the AI era, the nuances of organizational design, the "apprentice model" for mentorship and the dangers of over-layered hierarchies that stifle speed. Bill also provides a candid look at leadership transitions, offering a tactical guide for those moving from Big Tech to early-stage startups. ABOUT BILL COUGHRANBill Coughran works as a founders' coach and partner at Sequoia Capital to help build spectacular technology-centric companies. Previously, Bill was Senior Vice President of Engineering at Google with oversight of Chrome, YouTube, maps, google.com, underlying infrastructure systems, and security.ABOUT BRET RECKARDBret Reckard is Talent Partner at The General Partnership (TheGP), a hands-on venture firm working alongside ambitious founders in talent, engineering, go-to-market, and product. He leads TheGP's Talent vertical, matching foundational leaders, early engineers, and key specialists across the portfolio. Before this role, Bret spent over a decade at Sequoia Capital leading Talent and Network, where he helped hundreds of founders at companies like Stripe, Confluent, Retool and DoorDash build their early teams. This episode is brought to you by Span!Span is the AI-native developer intelligence platform bringing clarity to engineering organizations with a holistic, human-centered approach to developer productivity.If you want a complete picture of your engineering impact and health, drive high performance, and make smarter business decisions…Go to Span.app to learn more! SHOW NOTES:Introduction and Bill Coughran's background at Sequoia and Google (1:36)Hiring pitfalls and the biggest mistakes made as a leader (3:49)Managing crises: Acting as a dictator during the 2010 Google hack (5:25)Building for the AI world without chasing "shiny objects" (7:09)Developing context: How to learn AI without relying on LLM summaries (9:02)Identifying enduring companies and real value capture in the AI era (10:53)The debate on coding assistants and the future of junior engineering talent (13:23)Transitions: Making the leap from large organizations to early-stage startups (15:59)Staying curious and finding excitement in the next professional challenge (18:23) LINKS AND RESOURCESLink to the video for this sessionLink to all ELC Annual 2025 sessions This episode wouldn't have been possible without the help of our incredible production team:Patrick Gallagher - Producer & Co-HostJerry Li - Co-HostNoah Olberding - Associate Producer, Audio & Video Editor https://www.linkedin.com/in/noah-olberding/Dan Overheim - Audio Engineer, Dan's also an avid 3D printer - https://www.bnd3d.com/Ellie Coggins Angus - Copywriter, Check out her other work at https://elliecoggins.com/about/ Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What actually makes a startup defensible anymore, especially when anyone can build a product overnight with AI?In this episode of Supra Insider, Marc Baselga and Ben Erez sit down with Itamar Novick, founder of Recursive Ventures and longtime operator-turned-investor, to unpack how moats are changing in the AI era and what founders (and senior product leaders) need to internalize if they want to build enduring companies.Itamar draws from over 25 years across product leadership, company-building, and early-stage investing to explain why defensibility matters earlier than most founders think, how traditional moats (marketplaces, SaaS velocity, network effects) still apply, and why AI radically compresses time-to-competition. He breaks down how Recursive Ventures evaluates teams, TAM, and moats at the pre-seed stage, why velocity has become a core signal, and how the venture model itself is being reshaped by smaller teams, faster execution, and lower capital requirements.The conversation also goes deep on founder decision-making: how to choose early investors, why community itself can be a moat, what good vs bad VCs look like when companies fail, and why product leaders should seriously consider jumping into AI-native environments, even if it means a short-term step down.If you're a product leader thinking about founding a company, advising startups, or staying relevant in the next decade, this episode offers a clear, opinionated framework for navigating what's changed and what still matters.All episodes of the podcast are also available on Spotify, Apple and YouTube.New to the pod? Subscribe below to get the next episode in your inbox

Molly Graham has worked for some of tech's most effective leaders, including Mark Zuckerberg, Sheryl Sandberg, Chamath Palihapitiya, and Bret Taylor. Today she leads Glue Club, a community for leaders navigating rapid scale, growth, and change. She's best known for her “Give away your Legos” framework and her collection of practical mental models for leading through hypergrowth.We discuss:1. “Give away your Legos”: a framework for scaling yourself as a leader2. “J-curves vs. stairs”: the two paths of career growth, and why you should pick the scarier path3. “The waterline model” for diagnosing team problems (and why you should “snorkel before you scuba”)4. Six rules for creating effective goals (and aligning everyone around them)5. Rules of thumb for leading through rapid scale and change6. Her biggest leadership lessons from Mark Zuckerberg, Sergey Brin, Larry Page, Sheryl Sandberg, and Bret Taylor—Brought to you by:DX—The developer intelligence platform designed by leading researchersBrex—The banking solution for startupsGoFundMe Giving Funds—Make helping a habit—Transcript: https://www.lennysnewsletter.com/p/the-high-growth-handbook-molly-graham—My biggest takeaways (for paid newsletter subscribers): https://www.lennysnewsletter.com/i/182877855/my-biggest-takeaways-from-this-conversation—Where to find Molly Graham:• X: https://x.com/molly_g• LinkedIn: https://www.linkedin.com/in/mograham• Substack: https://mollyg.substack.com• Website: https://glueclub.com—Where to find Lenny:• Newsletter: https://www.lennysnewsletter.com• X: https://twitter.com/lennysan• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/—In this episode, we cover:(00:00) Introduction to Molly Graham(04:28) Molly's background at Google, Facebook, Quip, and CZI(11:29) The “Give away your Legos” framework(16:44) Managing your inner monster(19:49) When not to give away your Legos(21:28) Embracing a long career(23:25) The J-curve vs. stairs approach to career growth(32:00) The gift of knowing yourself(34:28) Learning to be a professional idiot(38:30) The waterline model: snorkel before you scuba(47:16) Six rules for creating strong alignment around goals(57:15) Rules of thumb for leading through rapid scale(01:07:49) Investing in high performers vs. low performers(01:10:54) Lessons from Zuckerberg, Sandberg, and Bret Taylor(1:21:15) Pivoting from ambition to purpose(1:26:32) Finding stability in instability(01:29:44) Final thoughts—Referenced:• Making an impact through authenticity and curiosity | Ami Vora (CPO at Faire, ex-WhatsApp, FB, IG): https://www.lennysnewsletter.com/p/authenticity-and-curiosity-ami-vora• Sheryl Sandberg on LinkedIn: https://www.linkedin.com/in/sheryl-sandberg-5126652• Elliot Schrage on LinkedIn: https://www.linkedin.com/in/elliotschrage• Quip: https://quip.com• He saved OpenAI, invented the “Like” button, and built Google Maps: Bret Taylor on the future of careers, coding, agents, and more: https://www.lennysnewsletter.com/p/he-saved-openai-bret-taylor• Chan Zuckerberg Initiative: https://chanzuckerberg.com• 10 contrarian leadership truths every leader needs to hear | Matt MacInnis (Rippling): https://www.lennysnewsletter.com/p/10-contrarian-leadership-truths• ‘Give Away Your Legos' and Other Commandments for Scaling Startups: https://review.firstround.com/give-away-your-legos-and-other-commandments-for-scaling-startups• The Muppets: https://muppets.disney.com• Sara Caldwell on LinkedIn: https://www.linkedin.com/in/saramcaldwell• J-Curves vs. Stairs: Two Approaches to Career Growth: https://mollyg.substack.com/p/j-curve• Forget the corporate ladder—winners take risks: https://www.ted.com/talks/molly_graham_forget_the_corporate_ladder_winners_take_risks• Chamath Palihapitiya on LinkedIn: https://www.linkedin.com/in/chamath• Lori Goler on LinkedIn: https://www.linkedin.com/in/lori-goler-6b96921• Joseph Campbell's quote: https://www.goodreads.com/quotes/192665-the-cave-you-fear-to-enter-holds-the-treasure-you• Zevi Arnovitz on LinkedIn: https://www.linkedin.com/in/zev-arnovitz• Peopling 101: The Waterline Model: https://christinehaskell.com/blog/peopling-101-the-waterline-model• Introduction to NVC: https://www.cnvc.org/learn/what-is-nvc• I hate OKRs... and other thoughts about goal setting: https://mollyg.substack.com/p/i-hate-okrs-and-other-thoughts-about• Lessons from scaling Stripe | Claire Hughes Johnson (former COO of Stripe): https://www.lennysnewsletter.com/p/lessons-from-scaling-stripe-tactics• James Clear's quote: https://www.goodreads.com/quotes/9614600-problem-1-winners-and-losers-have-the-same-goals• Founder mode: https://paulgraham.com/foundermode.html• Stripe: https://stripe.com• Patrick Collison on X: https://www.linkedin.com/in/patrickcollison• John Collison on X: https://x.com/collision• Seth Godin's best tactics for building remarkable products, strategies, brands and more: https://www.lennysnewsletter.com/p/seth-godins-tactics-for-building-remarkable-products• Eric Antonow on LinkedIn: https://www.linkedin.com/in/antonow—Recommended books:• The Artist's Way: https://www.amazon.com/Artists-Way-25th-Anniversary/dp/0143129252• Scaling People: Tactics for Management and Company Building: https://www.amazon.com/Scaling-People-Tactics-Management-Building/dp/1953953212• Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones: https://www.amazon.com/Atomic-Habits-Proven-Build-Break/dp/0735211299—Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.—Lenny may be an investor in the companies discussed. To hear more, visit www.lennysnewsletter.com

Ringing in the New Year with some important information for everyone - Christians and non-Christians alike. Welcome 2026!   NEW HEAVEN & HEALING EPISODES: Tuesdays - 3PM CST Fridays - 3PM CST   -   Visit the Heaven & Healing merch store: https://www.HeavenandHealing.Store   Follow me on Instagram: https://www.instagram.com/angelamariescafidi/ Follow me on TikTok: https://www.tiktok.com/@angelamariescafidi   -   Ways to Support the Show:  

Jason Lemkin is the founder of SaaStr, the world's largest community for software founders, and a veteran SaaS investor who has deployed over $200 million into B2B startups. After his last salesperson quit, Jason made a radical decision: replace his entire go-to-market team with AI agents. What started as an experiment has transformed into a new operating model, where 20 AI agents managed by just 1.2 humans now do the work previously handled by a team of 10 SDRs and AEs. In this conversation, Jason shares his hands-on experience implementing AI to run his sales org, including what works, what doesn't, and how the GTM landscape is quickly being transformed.We discuss:1. How AI is fundamentally changing the sales function2. Why most SDRs and BDRs will be “extinct” within a year3. What Jason is observing across his portfolio about AI adoption in GTM4. How to become “hyper-employable” in the age of AI5. The specific AI tools and tactics he's using that have been working best6. Practical frameworks for integrating AI into your sales motion without losing what works7. Jason's 2026 predictions on where SaaS and GTM are heading next—Brought to you by:DX—The developer intelligence platform designed by leading researchersVercel—Your collaborative AI assistant to design, iterate, and scale full-stack applications for the webDatadog—Now home to Eppo, the leading experimentation and feature flagging platform—Transcript: https://www.lennysnewsletter.com/p/we-replaced-our-sales-team-with-20-ai-agents—My biggest takeaways (for paid newsletter subscribers): https://www.lennysnewsletter.com/i/182902716/my-biggest-takeaways-from-this-conversation—Where to find Jason Lemkin:• X: https://x.com/jasonlk• LinkedIn: https://www.linkedin.com/in/jasonmlemkin• Website: https://www.saastr.com• Substack: https://substack.com/@cloud—Where to find Lenny:• Newsletter: https://www.lennysnewsletter.com• X: https://twitter.com/lennysan• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/—In this episode, we cover:(00:00) Introduction to Jason Lemkin(04:36) What SaaStr does(07:13) AI's impact on sales teams(10:11) How SaaStr's AI agents work and their performance(14:18) How go-to-market is changing in the AI era(19:19) The future of SDRs, BDRs, and AEs in sales(22:03) Why leadership roles are safe(23:43) How to be in the 20% who thrive in the AI sales future(28:40) Why you shouldn't build your own AI tools(30:10) Specific AI agents and their applications(36:40) Challenges and learnings in AI deployment(42:11) Making AI-generated emails good (not just acceptable)(47:31) When humans still beat AI in sales(52:39) An overview of SaaStr's org(53:50) The role of human oversight in AI operations(58:37) Advice for salespeople and founders in the AI era(01:05:40) Forward-deployed engineers(01:08:08) What's changing and what's staying the same in sales(01:16:21) Why AI is creating more work, not less(01:19:32) Why Jason says these are magical times(01:25:25) The "incognito mode test" for finding AI opportunities(01:27:19) The impact of AI on jobs(01:30:18) Lightning round and final thoughts—Referenced:• Building a world-class sales org | Jason Lemkin (SaaStr): https://www.lennysnewsletter.com/p/building-a-world-class-sales-org• SaaStr Annual: https://www.saastrannual.com• Delphi: https://www.delphi.ai/saastr/talk• Amelia Lerutte on LinkedIn: https://www.linkedin.com/in/amelialerutte/• Vercel: https://vercel.com• What world-class GTM looks like in 2026 | Jeanne DeWitt Grosser (Vercel, Stripe, Google): https://www.lennysnewsletter.com/p/what-the-best-gtm-teams-do-differently• Everyone's an engineer now: Inside v0's mission to create a hundred million builders | Guillermo Rauch (founder and CEO of Vercel, creators of v0 and Next.js): https://www.lennysnewsletter.com/p/everyones-an-engineer-now-guillermo-rauch• Replit: https://replit.com• Behind the product: Replit | Amjad Masad (co-founder and CEO): https://www.lennysnewsletter.com/p/behind-the-product-replit-amjad-masad• ElevenLabs: https://elevenlabs.io• The exact AI playbook (using MCPs, custom GPTs, Granola) that saved ElevenLabs $100k+ and helps them ship daily | Luke Harries (Head of Growth): https://www.lennysnewsletter.com/p/the-ai-marketing-stack• Bolt: https://bolt.new• Lovable: https://lovable.dev• Harvey: https://www.harvey.ai• Samsara: https://www.samsara.com/products/platform/ai-samsara-intelligence• UiPath: https://www.uipath.com• Denise Dresser on LinkedIn: https://www.linkedin.com/in/denisedresser• Agentforce: https://www.salesforce.com/form/agentforce• SaaStr's AI Agent Playbook: https://saastr.ai/agents• Brian Halligan on LinkedIn: https://www.linkedin.com/in/brianhalligan• Brian Halligan's AI: https://www.delphi.ai/minds/bhalligan• Sierra: https://sierra.ai• Fin: https://fin.ai• Deccan: https://www.deccan.ai• Artisan: https://www.artisan.co• Qualified: https://www.qualified.com• Claude: https://claude.ai• HubSpot: https://www.hubspot.com• Gamma: https://gamma.app• Sam Blond on LinkedIn: https://www.linkedin.com/in/sam-blond-791026b• Brex: https://www.brex.com• Outreach: https://www.outreach.io• Gong: https://www.gong.io• Salesloft: https://www.salesloft.com• Mixmax: https://www.mixmax.com• “Sell the alpha, not the feature”: The enterprise sales playbook for $1M to $10M ARR | Jen Abel: https://www.lennysnewsletter.com/p/the-enterprise-sales-playbook-1m-to-10m-arr• Clay: https://www.clay.com• Owner: https://www.owner.com• Momentum: https://www.momentum.io• Attention: https://www.attention.com• Granola: https://www.granola.ai• Behind the founder: Marc Benioff: https://www.lennysnewsletter.com/p/behind-the-founder-marc-benioff• Palantir: https://www.palantir.com• Databricks: https://www.databricks.com• Garry Tan on LinkedIn: https://www.linkedin.com/in/garrytan• Rippling: https://www.rippling.com• Cursor: https://cursor.com• The rise of Cursor: The $300M ARR AI tool that engineers can't stop using | Michael Truell (co-founder and CEO): https://www.lennysnewsletter.com/p/the-rise-of-cursor-michael-truell• The new AI growth playbook for 2026: How Lovable hit $200M ARR in one year | Elena Verna (Head of Growth): https://www.lennysnewsletter.com/p/the-new-ai-growth-playbook-for-2026-elena-verna• Pluribus on AppleTV+: https://tv.apple.com/us/show/pluribus/umc.cmc.37axgovs2yozlyh3c2cmwzlza• Sora: https://openai.com/sora• Reve: https://app.reve.com• Everything That Breaks on the Way to $1B ARR, with Mailchimp Co-Founder Ben Chestnut: https://www.saastr.com/everything-that-breaks-on-the-way-to-1b-arr-with-mailchimp-co-founder-ben-chestnut/• The Revenue Playbook: Rippling's Top 3 Growth Tactics at Scale, with Rippling CRO Matt Plank: https://www.youtube.com/watch?v=h3eYtzBpjRw• 10 contrarian leadership truths every leader needs to hear | Matt MacInnis (Rippling): https://www.lennysnewsletter.com/p/10-contrarian-leadership-truths—Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.—Lenny may be an investor in the companies discussed. To hear more, visit www.lennysnewsletter.com

In this episode, hosts Sebastien Couture, Brian Crain, and Friederike Ernst gather for their annual wrap-up to discuss the end of the "infinite money glitch": the era where tokens traded at billions without proven product-market fit. They explore the 2025 "spring cleaning" that devastated the altcoin market and the quiet, efficient entry of web2 incumbents like Revolut and Stripe. The discussion centers on the industry's maturation into a space where protocols are finally judged on their ability to generate real revenue and growth.The team analyzes the 2025 "spring cleaning" of altcoins alongside Polymarket's mainstream breakout. As giants like Stripe and Revolut scale crypto integrations, the hosts debate if consolidating distribution power is diluting the original promise of decentralized agency. Finally, they address the existential quantum threat to Bitcoin and share their 2026 "hot takes.Topics00:00 Intro & Notable Memories 04:30 The Bybit Hack & Price Action 08:15 Polymarket & The Mainstream Breakout 12:00 The Altcoin "Spring Cleaning" 18:45 Axelar & The Circle Acquisition 25:30 Incumbents: Back-end Upgrades vs. Values33:15 Social Media & The Economics of Attention 42:00 Staking Consolidation & Distribution Power 50:30 The Quantum Threat to Bitcoin 58:45 2026 Predictions: RWAs & PerpsLinks Sebastien on X: https://x.com/seb3point0 Brian on X: https://x.com/crainbf Friederike on X: https://x.com/tw_tter Gnosis: https://gnosis.io/Sponsors: Gnosis: Gnosis has been building core decentralized infrastructure for the Ethereum ecosystem since 2015. With the launch of Gnosis Pay last year, we introduced the world's first Decentralized Payment Network. Start leveraging its power today at http://gnosis.io

Exploring the Future: Ecommerce Predictions for 2026 As we get ready for another rollercoaster in 2026, ecommerce landscape is poised for continued transformation. In the last podcast of the year, James and Paul explore the trends and innovations that they think are set to define the industry. Sponsored by Shopify, this episode offers an interesting analysis of what the future holds for ecommerce businesses.Summary:2025 has been a whirlwind, and as we look ahead, the question on everyone's mind is: what will 2026 bring? James and Paul put their necks on the block, predicting the future & focusing on key areas such as the evolution of the point of purchase, the expanding role of SEO and agentic commerce, and the strategic use of technology.Key predictions:Point of Purchase Evolution: The traditional ecommerce website is still critical but where people buy is evolving. James predicts a shift towards instant checkouts and purchases made directly from ads, thanks to innovations from companies like PayPal and Stripe. This evolution is expected to increase the percentage of sales made outside traditional platforms.SEO and agentic optimisation: As AI continues to advance, the role of SEO is expanding. Paul highlights the need for businesses to adapt to new optimisation techniques that blend traditional SEO with agentic engine optimisation. This shift is expected to reignite the SEO industry, offering new opportunities for growth and innovation.Tactical middleware: The use of tactical middleware is set to become a game-changer for businesses. By leveraging third-party apps like Airtable and SuperBase, companies can solve specific challenges without the need for complex integrations. This approach simplifies development and reduces costs, making it an attractive option for many.Inside Commerce's predictions for 2026 paint a picture of an industry in flux, driven by technological advancements and changing consumer behaviours. As businesses prepare for 2026, staying informed and adaptable will be key to success.

Send us a text if you want to be on the Podcast & explain why!Want a real blueprint for going from overwhelmed rookie to confident, independent trainer? Wendy joins us with a candid look at what actually moved the needle: interning in a PT clinic, shadowing great coaches, training as a client to learn the buyer's side, and choosing education that works in the real world. Her path across small-town Arizona gyms and a high-volume facility selling five-year packages reveals how marketing, culture, and leadership shape a trainer's growth, pay, and staying power.We get specific about money and momentum. Wendy breaks down the grind of long days and 20 percent take-home pay, the decision to set her own rates, and how paid assessments filter price shoppers while signaling value. We share practical scripts for “it depends” pricing, when to state a range, and how to frame an assessment so clients feel invested from day one. If you're stuck between charging more and losing leads, this conversation gives you tools to nudge rates up with confidence and clarity.Education becomes a competitive edge when it's hands-on. We dig into seminars, Show Up Fitness programming, and why anatomy mastery silences imposter syndrome in elite rooms. Wendy talks about building systems—Stripe, clean paperwork, and consistent discovery calls—to keep a solo business sane. We also cover choosing the right independent gym: seek sharp peers, growth mindsets, and rooms where you're proud to introduce your mom to most coaches. The takeaway is simple: stack real reps, join strong communities, and let outcomes justify your price.If this helped you rethink your next move, follow the show, share it with a trainer who needs a push, and leave a review so more coaches can find it.Want to become a SUCCESSFUL personal trainer? SUF-CPT is the FASTEST growing personal training certification in the world! Want to ask us a question? Email info@showupfitness.com with the subject line PODCAST QUESTION to get your question answered live on the show! Website: https://www.showupfitness.com/Become a Successful Personal Trainer Book Vol. 2 (Amazon): https://a.co/d/1aoRnqANASM / ACE / ISSA study guide: https://www.showupfitness.com

Your holiday sales are booming — but what happens when Stripe freezes your account right in the middle of peak season? You're not imagining it: Stripe is more sensitive during the holidays. Spiking fraud, unusual transaction patterns, and seasonal chargebacks make accounts more likely to be flagged.In this video, Maria breaks down why Stripe freezes happen, how to spot early warning signs, and the proactive steps you can take to keep your payments flowing and your holiday revenue safe.Whether you're running an ecommerce store, subscription business, or selling high-ticket items, this is the holiday survival guide every merchant needs. Maria also highlights how marketers and business owners can plan around these risks to avoid lost sales and customer friction.What you'll learn:

For his 2025 year-end wrap-up, Gil's putting the podcast & newsletter on hiatus: talk about your crazy New Year's resolutions! He talks about how he recognized It Was Time For A Break, whether or not this podcast is what gives his life meaning, what he might get up to (HINT: it's WAY past time he finishes writing his Instax book), and how months of depression after his dad's death left him feeling like he was out of options. He gets into his 2025 highlights and why he needed to visit his photo library to overcome his amnesia, the hairiness of his professional life, the thrill of receiving holiday cards from his arts-heroes, the blessings of this world, and a lot more. It's the last episode for a while, so GIVE IT A LISTEN! • More info at our site • Support The Virtual Memories Show via Stripe, Patreon, or Paypal, and subscribe to our e-newsletter

Most candidates treat recruiter calls like a box-checking step. But the candidates who consistently land offers treat recruiters like strategic partners - and use them to get real leverage throughout the process.In this episode of Supra Insider, Marc Baselga and Ben Erez sit down with our repeat guest, Anneli Scopazzi (Boulevard Talent; former recruiting leader across Palantir, Figma, and Notion) to break down what recruiters are actually incentivized by, what they're looking for in the recruiter screen, and how candidates can use recruiters to prepare more intelligently and avoid preventable missteps.They cover the difference between internal recruiters and agency recruiters, what gets candidates filtered out early, how to ask for “prep” without sounding insecure, what to do when a company refuses to share details, and how to handle compensation conversations without accidentally anchoring yourself into a worse outcome. They also discuss when to save sensitive questions for the offer stage, and how recruiters influence the process behind the scenes (feedback, debriefs, and closing).If you're interviewing in today's competitive market, especially for product roles, this episode gives you a tactical playbook for turning recruiters into an advantage instead of an afterthought. All episodes of the podcast are also available on Spotify, Apple and YouTube.New to the pod? Subscribe below to get the next episode in your inbox

Varant Zanoyan is the Co-founder & CEO at Zipline AI, working on building a next-generation AI/ML infrastructure platform that streamlines data pipelines, model deployment, observability, and governance to accelerate enterprise AI development. Nikhil Simha Raprolu is the Co-founder & CTO at Zipline AI, focused on architecting and scaling the company's AI data platform — extending the open-source Chronon engine into a developer-friendly system that simplifies building and operating production AI applications.Real-time features, AI search, Agentic similarities, Varant Zanoyan & Nikhil Simha Raprolu // MLOps Podcast #354Join the Community: https://go.mlops.community/YTJoinInGet the newsletter: https://go.mlops.community/YTNewsletterMLOps Swag/Merch: [https://shop.mlops.community/]And huge thanks to Chroma for hosting us in their recording studio// AbstractFeature stores might be the wrong abstraction. Varant Zanoyan and Nikhil Simha Raprolu explain why Cronon ditched “store-first” thinking and focused on compute, orchestration, and real-time correctness—born at Airbnb, battle-tested with Stripe. If embeddings, agents, and real-time ML feel painful, this episode explains why.// Related LinksWebsite: https://zipline.ai/ ~~~~~~~~ ✌️Connect With Us ✌️ ~~~~~~~Catch all episodes, blogs, newsletters, and more: https://go.mlops.community/TYExploreJoin our Slack community [https://go.mlops.community/slack]Follow us on X/Twitter [@mlopscommunity](https://x.com/mlopscommunity) or [LinkedIn](https://go.mlops.community/linkedin)] Sign up for the next meetup: [https://go.mlops.community/register]MLOps Swag/Merch: [https://shop.mlops.community/]Connect with Demetrios on LinkedIn: /dpbrinkmConnect with Varant on LinkedIn: /vzanoyan/Connect with Nikhil on LinkedIn: /nikhilsimha/Timestamps:[00:00] Feature Platform Insights[02:00] Zipline and Feature Stores[05:19] Cronon and Zipline Origins[10:49] Feast and Feather Comparison[13:27] Open source challenges[20:52] Zipline and Iceberg Integration [23:54] Airbnb Agent Systems[28:16] Features vs Embeddings[29:07] Wrap up

BONUS: The Operating System for Software-Native Organizations - The Five Core Principles In this BONUS episode, the final installment of our Special Xmas 2025 reflection on Software-native businesses, we explore the five fundamental principles that form the operating system for software-native organizations. Building on the previous four episodes, this conversation provides the blueprint for building organizations that can adapt at the speed of modern business demands, where the average company lifespan on the S&P 500 has dropped from 33 years in the 1960s to a projected 12 years by 2027. The Challenge of Adaptation "What we're observing in Ukraine is adaptation happening at a speed that would have been unthinkable in traditional military contexts - new drone capabilities emerge, countermeasures appear within days, and those get countered within weeks." The opening draws a powerful parallel between the rapid adaptation we're witnessing in drone warfare and the existential threats facing modern businesses. While our businesses aren't facing literal warfare, they are confronting dramatic disruption. Clayton Christensen documented this in "The Innovator's Dilemma," but what he observed in the 1970s and 80s is happening exponentially faster now, with software as the accelerant. If we can improve businesses' chances of survival even by 10-15%, we're talking about thousands of companies that could thrive instead of fail, millions of jobs preserved, and enormous value created. The central question becomes: how do you build an organization that can adapt at this speed? Principle 1: Constant Experimentation with Tight Feedback Loops "Everything becomes an experiment. Not in the sense of being reckless or uncommitted, but in being clear about what we're testing and what we expect to learn. I call this: work like a scientist: learning is the goal." Software developers have practiced this for decades through Test-Driven Development, but now this TDD mindset is becoming the ruling metaphor for managing products and entire businesses. The practice involves framing every initiative with three clear elements: the goal (what are we trying to achieve?), the action (what specific thing will we do?), and the learning (what will we measure to know if it worked?). When a client says "we need to improve our retrospectives," software-native organizations don't just implement a new format. Instead, they connect it to business value - improving the NPS score for users of a specific feature by running focused retrospectives that explicitly target user pain points and tracking both the improvements implemented and the actual NPS impact. After two weeks, you know whether it worked. The experiment mindset means you're always learning, never stuck. This is TDD applied to organizational change, and it's powerful because every process change connects directly to customer outcomes. Principle 2: Clear Connection to Business Value "Software-native organizations don't measure success by tasks completed, story points delivered, or features shipped. Or even cycle time or throughput. They measure success by business outcomes achieved." While this seems obvious, most organizations still optimize for output, not outcomes. The practice uses Impact Mapping or similar outcome-focused frameworks where every initiative answers three questions: What business behavior are we trying to change? How will we measure that change? What's the minimum software needed to create that change? A financial services client wanted to "modernize their reporting system" - a 12-month initiative with dozens of features in project terms. Reframed through a business value lens, the goal became reducing time analysts spend preparing monthly reports from 80 hours to 20 hours, measured by tracking actual analyst time, starting with automating just the three most time-consuming report components. The first delivery reduced time to 50 hours - not perfect, but 30 hours saved, with clear learning about which parts of reporting actually mattered. The organization wasn't trying to fulfill requirements; they were laser focused on the business value that actually mattered. When you're connected to business value, you can adapt. When you're committed to a feature list, you're stuck. Principle 3: Software as Value Amplifier "Software isn't just 'something we do' or a support function. Software is an amplifier of your business model. If your business model generates $X of value per customer through manual processes, software should help you generate $10X or more." Before investing in software, ask whether this can amplify your business model by 10x or more - not 10% improvement, but 10x. That's the threshold where software's unique properties (zero marginal cost, infinite scale, instant distribution) actually matter, and where the cost/value curve starts to invert. Remember: software is still the slowest and most expensive way to check if a feature would deliver value, so you better have a 10x or more expectation of return. Stripe exemplifies this principle perfectly. Before Stripe, accepting payments online required a merchant account (weeks to set up), integration with payment gateways (months of development), and PCI compliance (expensive and complex). Stripe reduced that to adding seven lines of code - not 10% easier, but 100x easier. This enabled an entire generation of internet businesses that couldn't have existed otherwise: subscription services, marketplaces, on-demand platforms. That's software as amplifier. It didn't optimize the old model; it made new models possible. If your software initiatives are about 5-10% improvements, ask yourself: is software the right medium for this problem, or should you focus where software can create genuine amplification? Principle 4: Software as Strategic Advantage "Software-native organizations use software for strategic advantage and competitive differentiation, not just optimization, automation, or cost reduction. This means treating software development as part of your very strategy, not a way to implement a strategy that is separate from the software." This concept, discussed with Tom Gilb and Simon Holzapfel on the podcast as "continuous strategy," means that instead of creating a strategy every few years and deploying it like a project, strategy and execution are continuously intertwined when it comes to software delivery. The practice involves organizing around competitive capabilities that software uniquely enables by asking: How can software 10x the value we generate right now? What can we do with software that competitors can't easily replicate? Where does software create a defensible advantage? How does our software create compounding value over time? Amazon Web Services didn't start as a product strategy but emerged from Amazon building internal capabilities to run their e-commerce platform at scale. They realized they'd built infrastructure that was extremely hard to replicate and asked: "What if we offered it to others?" AWS became Amazon's most profitable business - not because they optimized their existing retail business, but because they turned an internal capability into a strategic platform. The software wasn't supporting the strategy - the software became the strategy. Compare this to companies that use software just for cost reduction or process optimization - they're playing defense. Software-native companies use software to play offense, creating capabilities that change the competitive landscape. Continuous strategy means your software capabilities and your business strategy evolve together, in real-time, not in annual planning cycles. Principle 5: Real-Time Observability and Adaptive Systems "Software-native organizations use telemetry and real-time analytics not just to understand their software, but to understand their entire business and adapt dynamically. Observability practices from DevOps are actually ways of managing software delivery itself. We're bootstrapping our own operating system for software businesses." This principle connects back to Principle 1 but takes it to the organizational level. The practice involves building systems that constantly sense what's happening and can adapt in real-time: deploy with feature flags so you can turn capabilities on/off instantly, use A/B testing not just for UI tweaks but for business model experiments, instrument everything so you know how users actually behave, and build feedback loops that let the system respond automatically. Social media companies and algorithmic trading firms already operate this way. Instagram doesn't deploy a new feed algorithm and wait six months to see if it works - they're constantly testing variations, measuring engagement in real-time, adapting the algorithm continuously. The system is sensing and responding every second. High-frequency trading firms make thousands of micro-adjustments per day based on market signals. Imagine applying this to all businesses: a retail company that adjusts pricing, inventory, and promotions in real-time based on demand signals; a healthcare system that dynamically reallocates resources based on patient flow patterns; a logistics company whose routing algorithms adapt to traffic, weather, and delivery success rates continuously. This is the future of software-native organizations - not just fast decision-making, but systems that sense and adapt at software speed, with humans setting goals and constraints but software executing continuous optimization. We're moving from "make a decision, deploy it, wait to see results" to "deploy multiple variants, measure continuously, let the system learn." This closes the loop back to Principle 1 - everything is an experiment, but now the experiments run automatically at scale with near real-time signal collection and decision making. It's Experiments All The Way Down "We established that software has become societal infrastructure. That software is different - it's not a construction project with a fixed endpoint; it's a living capability that evolves with the business." This five-episode series has built a complete picture: Episode 1 established that software is societal infrastructure and fundamentally different from traditional construction. Episode 2 diagnosed the problem - project management thinking treats software like building a bridge, creating cascade failures throughout organizations. Episode 3 showed that solutions already exist, with organizations like Spotify, Amazon, and Etsy practicing software-native development successfully. Episode 4 exposed the organizational immune system - the four barriers preventing transformation: the project mindset, funding models, business/IT separation, and risk management theater. Today's episode provides the blueprint - the five principles forming the operating system for software-native organizations. This isn't theory. This is how software-native organizations already operate. The question isn't whether this works - we know it does. The question is: how do you get started? The Next Step In Building A Software-Native Organization "This is how transformation starts - not with grand pronouncements or massive reorganizations, but with conversations and small experiments that compound over time. Software is too important to society to keep managing it wrong." Start this week by doing two things.  First, start a conversation: pick one of these five principles - whichever resonates most with your current challenges - and share it with your team or leadership. Don't present it as "here's what we should do" but as "here's an interesting idea - what would this mean for us?" That conversation will reveal where you are, what's blocking you, and what might be possible.  Second, run one small experiment: take something you're currently doing and frame it as an experiment with a clear goal, action, and learning measure. Make it small, make it fast - one week maximum, 24 hours if you can - then stop and learn. You now have the blueprint. You understand the barriers. You've seen the alternatives. The transformation is possible, and it starts with you. Recommended Further Reading Tom Gilb and Simon Holzapfel episodes on continuous strategy  The book by Christensen, Clayton: "The Innovator's Dilemma"  The book by Gojko Adzic: Impact Mapping  Ukraine drone warfare Company lifespan statistics: Innosight research on S&P 500 turnover  Stripe's impact on internet businesses Amazon AWS origin story DevOps observability practices About Vasco Duarte Vasco Duarte is a thought leader in the Agile space, co-founder of Agile Finland, and host of the Scrum Master Toolbox Podcast, which has over 10 million downloads. Author of NoEstimates: How To Measure Project Progress Without Estimating, Vasco is a sought-after speaker and consultant helping organizations embrace Agile practices to achieve business success. You can link with Vasco Duarte on LinkedIn.

Today I'm talking with Darragh Buckley, the CEO and co-founder of Increase. If you've been following fintech for a while, you probably know Darragh as employee number one at Stripe, where he built the team responsible for moving money at a massive scale. At Stripe, he learned a crucial lesson about infrastructure: when you're stuck solving business, technical, and risk problems all at once, you need to drop down a layer. That insight led to Increase, which does something quite novel, instead of connecting to banks one by one, they connect directly to the Federal Reserve itself, operating their own banking core that exposes all this functionality through APIs. With a team of less than 20 people, they're now processing over $100 billion annually.In this conversation, we dig into the lessons Darragh learned scaling Stripe, why he believes compliance and accounting should be built into engineering from day one rather than bolted on later, his vision for a future where community banks serve specific communities like dentists or families managing elderly parents' finances, and why he's personally investing in community banks across the Pacific Northwest. We also get into real-time payments infrastructure, including a great story about buying a car on a Saturday. Now let's get on with the show.In the podcast, you will learn:How Increase was born out of early challenges at Stripe.What he learned about scaling fintech companies at Stripe.The advantage of dropping down a layer when building fintech infrastructure.How Increase is able to connect directly to the Federal Reserve.The concept of a side core and how it integrates with banking cores.The different types of companies they work with.A fun story about paying a car dealer with a real time payment on a Saturday.The scale that Increase is at today.Why they decided that now is the time to spread with word about Increase.Why it matters to build compliance into your product very early.What lessons compliance can learn from software engineering.How they are managing real time risk.Why Darragh has personally invested in several community banks.What will have changed in financial services if Increase is successful.Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes

Most entrepreneurs claim they're building their business for their family, but their calendar tells another story. In this video, I share how I built a "successful" business on paper. Revenue was climbing, Stripe was pinging, everyone thought I was winning. But behind the scenes, I was overworked, disconnected from my wife and kids, and losing myself in the grind. Until I got a wake-up call I couldn't ignore. This is the true story of how I simplified everything, leaned on systems, and built a business that no longer runs me—so I could scale without sacrifice. In this video: 00:00 Starting the lie we all buy 00:08 Chasing growth over presence 00:17 Revenue up, but why was I doing it? 00:27 The "grind harder" mindset trap 00:35 Why hustle felt heroic 00:41 The lie I told myself it was for my family 01:03 When it stopped being worth it 01:07 10–14 hour days, living in "busy" 01:14 The wake‑up call from my wife 01:29 The moment my daughter asked for time 01:54 Realizing growth without health/family is destruction 02:02 I stopped the madness, not the business 02:20 My business runs when I step away 02:37 Who this message is for (coaches/consultants) 03:17 What's possible with systems, not hustle 03:53 The real cost of chasing revenue only 04:03 What the true scoreboard is: peace, presence, purpose 04:18 If you feel stuck, here's your choice 05:26 What I want you to walk away with 05:51 Final thoughts and next steps ___

Get ready for a Mogwai mayhem! CineNerds dives into the bizarre, dark, and wildly funny world of Gremlins (1984). We're talking Gizmo, Stripe, and the chaos that ensues when the rules are broken. Join us as we unpack the twisted humor, retro horror, and memorable mayhem of this cult classic. Buckle up, it's gonna get wild! #CineNerdsPodcast #Gremlins #CultClassic #HorrorComedy #80sMovies #MogwaiMadness #PodcastNewEpisode

Merry Christmas? Happy Holidays? Let's unpack a few things about the man EVERYBODY knows during the December month - and maybe the Man people Don't know... - Follow me on Instagram: @AngelamarieScafidi - Ways to Support the Show:

Today, Hunter wraps up 2025 with one last episode! Guest: Resources: Top 10 Episodes of 2025 334 | Was a Former Colorado Public Defender Fired for Raising Concerns over his Workload? w/Travis Weiner 335 | How Sec Def Austin Interfered with the 9/11 and U.S.S. Cole Case Plea Deals w/Allison Miller and Katie Carmon 336 | How the San Mateo Private Defender Program is Trying to Earn Back the Community's Trust w/Lisa Maguire and Harpreet Samra 328 | How the Laken Riley Act Could Get Innocent People Sent to Guantanamo Bay w/Ann Block and Nithya Nathan-Pineau 331 | How the Far West Texas Public Defenders Uncovered a Pattern of Discovery Violations in El Paso w/James McDermott and Paul Chambers 333 | How The American Eugenics Movement Helped Create Habitual Offender Laws w/Daniel Loehr 355 | How Missouri Public Defenders are Leading the Nation In Statewide Holistic Defender Services w/Missouri Public Defenders 322 | The Impact of and the Resistance to Mass Deportation Policies w/Hans Meyer and Holly Lucas 400 | Why the Lawyers Handling 80% of Massachusetts's Public Defender Cases Stopped Taking New Cases w/Shira Diner 316 | The Everyday Cruelty in Westminster Municipal Court w/Alison Gordon Contact Hunter Parnell:                                 Publicdefenseless@gmail.com  Instagram @PublicDefenselessPodcast Twitter                                                                 @PDefenselessPod www.publicdefenseless.com  Subscribe to the Patreon www.patreon.com/PublicDefenselessPodcast  Donate on PayPal https://www.paypal.com/donate/?hosted_button_id=5KW7WMJWEXTAJ Donate on Stripe https://donate.stripe.com/7sI01tb2v3dwaM8cMN Trying to find a specific part of an episode? Use this link to search transcripts of every episode of the show! https://app.reduct.video/o/eca54fbf9f/p/d543070e6a/share/c34e85194394723d4131/home

On the podcast, I talk with Alper about the competitive advantage of ignoring (some) best practices, the risk of drawing false conclusions when researching competitor ads, and why poor metrics are just facts until proven problematic.Top Takeaways:

In the final episode of 2025, Matt Cohen and John Ruffolo reflect on a turbulent year for technology, capital markets, and Canadian innovation, while looking ahead to the forces that will shape 2026. The conversation opens with Canada's largest private startup round of the year, a $1.76B raise by Toronto based HydroStar Energy Storage, and uses it as a springboard to examine the AI shakeout now underway. John describes the sector as entering a “forest fire” phase, where overfunded and undifferentiated companies fall away, creating room for stronger, more durable players to emerge.Matt and John then explore whether 2026 will finally mark a return of major tech IPOs, or whether the regulatory burden and liquidity options in private markets will keep companies like SpaceX, Stripe, and OpenAI on the sidelines. Despite interest rate cuts, the hosts argue capital markets remain constrained and selective.The discussion shifts to Canada's strategic priorities, including a growing focus on defense technology viewed through a dual use lens of sovereignty and innovation. As talent emigration rises and domestic risk capital lags, the episode closes with a clear warning. Without addressing capital access, taxation, and long term retention, Canada risks becoming a leaky boat, losing its builders and economic future to the United States.The 2025 AI Shakeout & The 2026 Forest Fire (02:06)John predicts a period of simultaneous “carnage” and opportunity in AI, comparing the market to a forest fire that burns the weak but creates fertile ground for the strong. They debate which companies are the true “sequoias” built to last.IPO or Bust? The Reluctant March to Public Markets (04:57)With rumors swirling around SpaceX, Anthropic, and OpenAI, Matt and John explore why 2026 might see major IPOs. John argues that many are driven not by ambition, but by investor pressure for liquidity, calling it a “panacea” for fund timelines rather than a strategic goal.Rate Cuts & Stagnation: Why Cheap Money Isn't Fixing Canada's Economy (07:28)Despite multiple rate cuts in 2025, investment activity remains sluggish. The hosts diagnose a holding pattern for Canada's economy, where further cuts risk devaluing the dollar without spurring meaningful productivity gains.Bullets, Bombs, and Blockchain: Canada's New Defense Tech Mandate (08:17)Matt highlights new government funds for defense tech. John reframes the spending as critical for “physical sovereignty” in a tech-driven Cold War, emphasizing the “dual-use” nature of investments in AI, quantum, and satellite technology.Predictions for 2026: Agents, Physical AI, and Nuclear's Comeback (11:23)The hosts share their forecasts: Matt bets on AI “agents” automating complex workflows and tangible ROI finally hitting enterprise software. John is bullish on “AI meeting the physical world” through robotics and autonomous machinery, and predicts a major comeback for nuclear energy.Canada's Leaky Boat: The Capital and Talent Retention Crisis (18:32)Addressing record-high emigration, John identifies the twin failures crippling Canadian innovation: a lack of domestic risk capital at scale and an uncompetitive personal tax regime. He warns that without urgent fixes in the next budget, the brain drain will accelerate, with U.S. capital actively pulling companies and founders south.Connect with John Ruffolo on LinkedIn: https://ca.linkedin.com/in/joruffoloConnect with Matt Cohen on LinkedIn: https://ca.linkedin.com/in/matt-cohen1Visit the Ripple Ventures website: https://www.rippleventures.com/ This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tanktalks.substack.com

016. Paying Yourself Isn't a Bonus. It's the Whole Damn Reason This episode is a loving but firm reality check for anyone whose business only works when they are constantly pushing, launching, and holding their breath between Stripe notifications. If your income disappears the moment you slow down, that is not freedom. That is fragility. In this conversation, Lisa breaks down why stability is one of the most underrated and misunderstood business goals, especially for creative entrepreneurs who were taught that growth always has to come before rest. She talks honestly about what it feels like to run a business that looks impressive on the outside while quietly draining the person holding it together. This episode reframes paying yourself as what it actually is: not a reward, not a bonus, and not something you earn after suffering long enough, but a non negotiable operating expense. A business that cannot pay its owner is not successful. It is expensive. Lisa walks through why inconsistent owner pay is usually not a discipline issue, but a clarity issue rooted in messy books, unpredictable income, fear around taxes, and not knowing what is actually safe to take. She explains why waiting for stability does not create stability, and how systems are what carry you when motivation disappears and real life hits hard. You will walk away with a clearer understanding of what stability really looks like, why calm bank app energy matters more than flashy months, and how building a business that supports your life starts with clean numbers and consistent owner pay. This episode is for the business owner who wants to feel safe, supported, and paid, even when life gets messy. LINKS MENTIONED IN THIS EPISODE: Book a Discovery Call Full Show Notes CONNECT WITH LISA: Work with me: simplybooked.llc Instagram: @simplybookedbylisa Email: lisa@simplybooked.llc

Rick is joined by Daren Hornig of CourtsApp. CourtsApp, the first AI-powered marketing and booking platform built to modernize court marketing and reservations across the red-hot racquet sports industry, has announced its official launch throughout the New York tri-state area. Founded by New York entrepreneur and real estate developer Daren Hornig and creative executive Kate Daggett, CourtsApp is designed to eliminate the frustration and friction that have long plagued the tennis and pickleball communities, making it now seamless and easy to reserve a court in any racquet and paddle sport. CourtsApp also helps facilities grow. By making every court discoverable and bookable, the platform turns unused inventory into real revenue and delivers a steady stream of high-intent players to clubs. With seamless integrations with existing court management systems, full control over pricing and rules, CourtsApp gives operators a simple and efficient way to fill courts and expand their reach. CourtsApp provides its software to the facilities for free and makes a commission on the courts it books. Currently live to players with more than 1,500 courts across 150+ facilities already signed on throughout New York, New Jersey, and Connecticut, CourtsApp will expand from Maine to Florida by the first quarter of 2026 before expanding market-by-market as club density increases. Additional play-in markets, including Southern California, Texas, and the Pacific Northwest, are expected to come online throughout 2026. Clubs such as the John McEnroe Academy's flagship location at Sportime Randalls Island, Pickleball America, Padel Haus, all Sportime Pickleball locations and more are currently available for players to reserve courts. “CourtsApp was born from pure frustration,” said Hornig, Chief Executive Officer of CourtsApp and an avid tennis and pickleball player. “For years, me and my friends struggled to find open courts in real time and near where I wanted to play. We wanted a simple, reliable solution that matched how people already book restaurants, travel, or fitness. Now, with CourtsApp, they finally have one.” Hornig called CourtsApp the “OpenTable for courts. The Expedia of racquet sports,” and added, “Beyond convenience, CourtsApp connects people; helping friends meet to play, helping communities stay active, and making racquet sports more accessible to everyone. It is also a critical marketing tool for facility owners. Most operators lack the funds and expertise to market effectively in today’s complex digital environment, and CourtsApp does this for them and more. Our goal is to get players on the courts and help clubs keep their courts full. It's really a win-win scenario for all.” Daggett, CourtsApp's Chief Marketing Officer, resides in Connecticut and, like Hornig, is among the 25.7 million Americans who played tennis in 2024, according to the most recent statistics reported by the United States Tennis Association (USTA), which was an all-time high and a surge of 1.9 million more than 2023. Pickleball has been consistently named the fastest-growing sport in the nation with an estimated 22.7 million players, an increase of more than 45 percent over the previous year. There are more than 68,000 dedicated pickleball courts in the U.S. “Racquet sports are booming, but the technology that supports them has not kept up,” commented Daggett. “Players expect the same ease they get everywhere else, and clubs need tools that help them grow. CourtsApp brings both sides together in a modern, intuitive experience that gets more people on the court, more often.” CourtsApp is also forging integrations with the leading court-management systems nationwide, enabling instant court bookings at participating facilities. CourtsApp is continuing to roll out integrations with leading pickleball and racquet-sport technology platforms. One of the first is DUPR, the pickleball rating system used by more than 1.6 million players and 8,000 clubs. This integration will allow players to bring their verified rating directly into the CourtsApp ecosystem and for players to book courts within DUPR. A Win for Both Players and Clubs For clubs, CourtsApp functions as a free, performance-based marketing channel. Facilities can join at no cost, with CourtsApp earning a commission on court time bookings. For players, CourtsApp provides: Easy search functions across tennis, pickleball, padel facilities, as well as table tennis, squash, badminton and racquetball Real-time booking confirmations Map View Secure payment via Stripe and Apple Pay A familiar, “OpenTable-style” user experience Players and clubs can learn more or join the platform at CourtsApp.com and download CourtsApp from the Apple App Store for iOS and Google Play Store for Android. Also… A Smarter Match: CourtsApp and DUPR Form Partnership To Power Verified Pickleball Play Everywhere Local Courts to Access National-Level Ranking Infrastructure, Building a More Connected Pickleball Ecosystem Where Every Match Counts CourtsApp also announced a strategic partnership with DUPR (Dynamic Universal Pickleball Rating), the global standard for pickleball ratings and verified match data. Together, the companies are building a more connected ecosystem for racquet sports, one where every match can count toward verified player progress and help clubs attract more engaged, repeat players. DUPR and CourtsApp share a common mission: reduce friction for players and facilities by connecting access, performance, and community in one integrated environment. “DUPR has become the gold standard for measuring skill in pickleball, and together we're making that progress visible right where the game happens, on the court,” said Daren Hornig, CourtsApp founder and CEO. “Clubs are the engine of that growth, and as CourtsApp continues expanding from the NY Tristate area into new markets in 2026, our work with more than 150 clubs and 1,500 courts shows how verified play helps clubs boost utilization and revenue without changing how they operate.” Through this partnership, CourtsApp will integrate DUPR's universal rating system directly into its platform, enabling players to: • Connect DUPR accounts through CourtsApp • Book courts on DUPR, powered by CourtsApp's real-time availability engine • Record match results automatically, creating verified rating histories • Receive enhanced matchmaking and performance insights over time For racquet sport facilities, the CourtsApp-DUPR collaboration unlocks new opportunities to: • Seamlessly integrate CourtsApp's AI-driven marketing and booking tools across 8,000-plus DUPR partner facilities nationwide • Host DUPR-eligible matches and Open Plays • Tap into DUPR's 1.5 million engaged pickleball players to drive visibility and participation • Leverage data-driven insights to boost pickleball court utilization and player retention • Drive incremental revenue as DUPR-engaged players seek more opportunities to play and log verified matches DUPR CEO Tio Machado said that CourtsApp is building the digital infrastructure that helps the sport grow. “We're excited to align on the shared mission of connecting players and verified play everywhere,” he said. Hornig added that when CourtsApp evaluates partnerships, the focus is on partnering with the very best companies in their respective spaces. “The alignment with DUPR is a trifecta as they work with facilities and players, which is the exact audience that CourtsApp focuses on, and within the CourtsApp platform we're able to add DUPR's rating to our expanding network of players,” he explained. Integration work is already underway, with new functionality expected to launch in an upcoming product release. The partnership represents a pivotal step toward a unified racquet sport ecosystem that connects access, performance, community, and technology while helping clubs grow with rising demand for verified play. DUPR announced it was partnering with USA Pickleball as the official ratings system of all USA Pickleball-owned events. CourtsApp is available for free in the northeastern United States with more than 150 facilities and 1,500 courts onboarded and accepting bookings for tennis, pickleball and padel courts. CourtsApp will extend from Maine to Florida by the first quarter of 2026 before expanding market-by-market as club density increases. Additional play-in markets, including Southern California, Texas, and the Pacific Northwest, are expected to come online throughout 2026.

ChatGPT ads are coming y'all.

Today, Hunter was joined by Mohammad Al Rawi and Ryan Wolfe of ZLS.App. The three discussed how ZLS is helping public defenders improve case management with automated systems. With better case management systems, public defenders are better equipped to collect and track the data that public defenders need to justify their requests to the legislatures.   Guest: Mohammad Al Rawi, Co-Founder. ZLS.app Ryan Wolfe, Co-Founder, ZLS.app   Resources: Find ZLS Here https://zls.app/         Contact Hunter Parnell:                                 Publicdefenseless@gmail.com  Instagram @PublicDefenselessPodcast Twitter                                                                 @PDefenselessPod www.publicdefenseless.com  Subscribe to the Patreon www.patreon.com/PublicDefenselessPodcast  Donate on PayPal https://www.paypal.com/donate/?hosted_button_id=5KW7WMJWEXTAJ Donate on Stripe https://donate.stripe.com/7sI01tb2v3dwaM8cMN Trying to find a specific part of an episode? Use this link to search transcripts of every episode of the show! https://app.reduct.video/o/eca54fbf9f/p/d543070e6a/share/c34e85194394723d4131/home  

A modern sales enablement strategy isn't about more activity - it's about better preparation. In this episode of B2B Sales Trends, we explore why preparation has become the true differentiator in B2B selling and enterprise sales strategy. In this conversation, host Harry Kendlbacher sits down with Gena Dakos, a seasoned sales enablement leader, to unpack how high-quality outreach, customer empathy, and thoughtful preparation help sellers stand out in a noisy, AI-driven market. From executive discovery to enterprise-scale deals, this episode reframes enablement as confidence, clarity, and credibility - not just training.

You're winding down for the year?

Xmas Special: Software Industry Transformation - Why Software Development Must Mature Welcome to the 2025 Xmas special - a five-episode deep dive into how software as an industry needs to transform. In this opening episode, we explore the fundamental disconnect between how we manage software and what software actually is. From small businesses to global infrastructure, software has become the backbone of modern society, yet we continue to manage it with tools designed for building ships in the 1800s. This episode sets the stage for understanding why software development must evolve into a mature discipline. Software Runs Everything Now "Without any single piece, I couldn't operate - and I'm tiny. Scale this reality up: software isn't just in tech companies anymore." Even the smallest businesses today run entirely on software infrastructure. A small consulting and media business depends on WordPress for websites, Kajabi for courses, Stripe for payments, Quaderno for accounting, plus email, calendar, CRM systems, and AI assistants for content creation. The challenge? We're managing this critical infrastructure with tools designed for building physical structures with fixed requirements - an approach that fundamentally misunderstands what software is and how it evolves. This disconnect has to change. The Oscillation Between Technology and Process "AI amplifies our ability to create software, but doesn't solve the fundamental process problems of maintaining, evolving, and enhancing that software over its lifetime." Software improvement follows a predictable pattern: technology leaps forward, then processes must adapt to manage the new complexity. In the 1960s-70s, we moved from machine code to COBOL and Fortran, which was revolutionary but led to the "software crisis" when we couldn't manage the resulting complexity. This eventually drove us toward structured programming and object-oriented programming as process responses, which, in turn, resulted in technology changes! Today, AI tools like GitHub Copilot, ChatGPT, and Claude make writing code absurdly easy - but writing code was never the hard part. Robert Glass documents in "Facts and Fallacies of Software Engineering" that maintenance typically consumes between 40 and 80 percent of software costs, making "maintenance" probably the most important life cycle phase. We're overdue for a process evolution that addresses the real challenge: maintaining, evolving, and enhancing software over its lifetime. Software Creates An Expanding Possibility Space "If they'd treated it like a construction project ('ship v1.0 and we're done'), it would never have reached that value." Traditional project management assumes fixed scope, known solutions, and a definable "done" state. The Sydney Opera House exemplifies this: designed in 1957, completed in 1973, ten times over budget, with the architect resigning - but once built, it stands with "minimal" (compared to initial cost) maintenance. Software operates fundamentally differently. Slack started as an internal tool for a failed gaming company called Glitch in 2013. When the game failed, they noticed their communication tool was special and pivoted entirely. After launching in 2014, Slack continuously evolved based on user feedback: adding threads in 2017, calls in 2016, workflow builder in 2019, and Canvas in 2023. Each addition changed what was possible in organizational communication. In 2021, Salesforce acquired Slack for $27.7 billion precisely because it kept evolving with user needs. The key difference is that software creates possibility space that didn't exist before, and that space keeps expanding through continuous evolution. Software Is Societal Infrastructure "This wasn't a cyber attack - it was a software update gone wrong." Software has become essential societal infrastructure, not optional and not just for tech companies. In July 2024, a faulty software update from cybersecurity firm CrowdStrike crashed 8.5 million Windows computers globally. Airlines grounded flights, hospitals canceled surgeries, banks couldn't process transactions, and 911 services went down. The global cost exceeded $10 billion. This wasn't an attack - it was a routine update that failed catastrophically. AWS outages in 2021 and 2023 took down major portions of the internet, stopping Netflix, Disney+, Robinhood, and Ring doorbells from working. CloudFlare outages similarly cascaded across daily-use services. When software fails, society fails. We cannot keep managing something this critical with tools designed for building physical things with fixed requirements. Project management was brilliant for its era, but that era isn't this one. The Path Ahead: Four Critical Challenges "The software industry doesn't just need better tools - it needs to become a mature discipline." This five-episode series will address how we mature as an industry by facing four critical challenges: Episode 2: The Project Management Trap - Why we think in terms of projects, dates, scope, and "done" when software is never done, and how this mindset prevents us from treating software as a living capability Episode 3: What's Already Working - The better approaches we've already discovered, including iterative delivery, feedback loops, and continuous improvement, with real examples of companies doing this well Episode 4: The Organizational Immune System - Why better approaches aren't universal, how organizations unconsciously resist what would help them, and the hidden forces preventing adoption Episode 5: Software-Native Organizations - What it means to truly be a software-native organization, transforming how the business thinks, not just using agile on teams Software is too important to our society to keep getting it wrong. We have much of the knowledge we need - the challenge is adoption and evolution. Over the next four episodes, we'll build this case together, starting with understanding why we keep falling into the same trap. References For Further Reading Glass, Robert L. "Facts and Fallacies of Software Engineering" - Fact 41, page 115  CrowdStrike incident: https://en.wikipedia.org/wiki/2024_CrowdStrike_incident  AWS outages: 2021 (Dec 7), 2023 (June 13),  and November 2025 incidents  CloudFlare outages: 2022 (June 21), and November 2025 major incident  Slack history and Salesforce acquisition: https://en.wikipedia.org/wiki/Slack_(software)  Sydney Opera House: https://en.wikipedia.org/wiki/Sydney_Opera_House About Vasco Duarte Vasco Duarte is a thought leader in the Agile space, co-founder of Agile Finland, and host of the Scrum Master Toolbox Podcast, which has over 10 million downloads. Author of NoEstimates: How To Measure Project Progress Without Estimating, Vasco is a sought-after speaker and consultant helping organizations embrace Agile practices to achieve business success. You can link with Vasco Duarte on LinkedIn.

What does it take to build products that feel thoughtful, emotionally resonant, and unmistakably high-quality, especially inside a company that ships fast and experiments constantly?In this episode of Supra Insider, Marc and Ben sit down with Nickey Skarstad, Director of Product at Duolingo, to unpack how one of the world's most beloved consumer apps maintains its bar for craft, clarity, and delight while operating at massive scale. Nickey shares how Duolingo operationalizes quality across teams, how they dogfood relentlessly, and why “unreasonable hospitality” applies just as much to software as it does to service.She also shares the internal rituals Duolingo uses - like their “hot trash” Friday forum for sharing early experiments, and how these lightweight mechanisms help PMs, designers, and engineers learn from each other. Nickey walks through Duolingo's product review process, how senior leaders give feedback, and how the company ensures teams move quickly without shipping work that falls below their quality standards.Whether you're a PM trying to strengthen your intuition, a design-driven leader aiming for higher quality bars, or a product builder exploring how AI should (and shouldn't) fit into your workflow, this episode is full of concrete lessons you can use immediately.All episodes of the podcast are also available on Spotify, Apple and YouTube.New to the pod? Subscribe below to get the next episode in your inbox

https://www.instagram.com/angelamariescafidi/ https://www.tiktok.com/@angelamariescafidi   ...   Ways to Support the Show:  

Watch PART ONE (His Full Testimony Here:) https://www.youtube.com/watch?v=tCM9cd4GcgY   ...   Follow Angela on Instagram: https://www.instagram.com/angelamariescafidi/ Follow Mike on Instagram: https://www.instagram.com/michaeljscafidi/   ...   Ways to Support the Show:  

Sitting down with my husband for the first time ever on Heaven & Healing while he shares his testimony publicly. We talk about his upbringing, how we met, the various trials our relationship has been through over the last 15+ years, and most importantly, the story of how he came to Jesus.   -   Follow me on Instagram: @AngelamarieScafidi Follow Michael on Instagram: @MichaelJScafidi   -   Ways to Support the Show:

We have Mike Monaghan on the show today and covering the “Birth of an ETF.” He’s going to talk about the Founders ETF and its new launch. We’re also going to talk a little bit about what it takes to get an ETF up and running. From a compliance perspective, remember, there’s no guarantee of future performance. https://youtu.be/o-m3PYHKXqk?si=qBaHkJpUt7xgdpjG Transcript of “The Birth of an ETF” 00:00 The Founders ETF Frazer Rice (00:00.986)Welcome back, Mike. Michael Monaghan (00:02.616)Frazer, it’s great to be back. Frazer Rice (00:04.4)You are at an interesting point in time right now. You’re about to start up Founders ETF and I think you’re about to get trading authorization to get going. Maybe tell us a little bit about the process to set up an ETF. Then we’ll dive into the strategy a little bit. Michael (00:21.25)Yeah, absolutely right. We should start trading on the SIBO Thursday, so two days from now. And we’ve launched our first fund, the Founders 100, that owns the 100 best founder-led companies. I’d be happy to go through some of the process that it takes to set up an ETF. Frazer Rice (00:40.014)Love it. ETFs are the main way to go now in terms of getting an inveestment cvhicle up and running. What has your experience been around? The Popularity of the ETF Structure Michael (00:52.014)Yeah, so ETFs have become the primary investment vehicle for a few reasons. Let’s outline those reasons. Then we can go through some of the steps that it takes to set up an ETF. So on the advantage side of an ETF, they’re typically a bit lower cost than traditional mutual fund products. Importantly, they’re tax advantaged. So there’s no gains or losses that occur during the normal ETF growth phase. Everything that happens within the ETF is done with what’s called an authorized participant. So you do exchanges. And so there’s no capital gains that are assigned to the investors. As long as they hold the ETF, a tax trigger only occurs when they actually sell the ETF. Finally, it’s a great way to get exposure to the market. So whether you want to own a broad market index, one of the legacy indexes, or a vehicle like ours. That gives you in one single trade, rather than having to guess who’s going to win. Is Nvidia going to win or Palantir who’s going to win? You can own a hundred of the best winners in the market in one single stock ticker. In our case, FFF. Frazer Rice (02:07.364)So let’s dive into that theme a little bit. As you said, it’s the top hundred founder led companies. First and foremost, public I assume, private, you’re not diving in those waters. Public vs Private Michael (02:20.59)Correct. So these are the hundred best publicly traded founder led stocks. And we generally fish from the 200 largest founder led publicly traded stocks. So a lot of these are names and founders that are very well recognized. Whether it’s Elon at Tesla or a Mark at Metta, Larry at Oracle, Rich Fairbanks at Capital One. These are all very well known founders. They’re great entrepreneurs who are leading highly scalable, very high performing publicly traded stocks. 02:53 Understanding Founder-Led Companies Frazer Rice (02:53.914)So let’s define founder a little bit. Obviously we have sort of the cult of personality around high-end CEOs. It sounds like you’re identifying companies that have been founded. The people who are running them not only founded them, but they scaled them. They have now gotten them to a level of maturity. That’s different from the typical public company that we find in the S &P 500. Definition of Founder Michael (03:19.104)Yeah. So first let’s define a founder. Then let’s talk about why we think the founder led companies outperform a traditional S&P company. We define the founder as being a chief executive leader. It could be chief executive officer, could be chief technology officer. Sometimes that say a scientific or medical company, would be the chief scientific or chief medical officer. And that person conceived and founded the company, took it from zero to one. It’s their imprint that has guided it over its 10 or 20 or 30 year period. That’s taken it from a small private company to a venture backed company to a large publicly traded company. And so the idea being the person that founded it continues to run it to this day. We talk about the fact that we own an Nvidia that Jensen still runs. But we don’t own Intel. We own Meta because Mark still runs it, but we don’t own Google. We own Dell computer because Michael Dell still runs it. But we don’t own Apple. We own Capital One because Rich Fairbank still runs it, but we don’t own American Express. Investment Process Frazer Rice (04:25.86)Got it. So lots of things to get into here. How does it a company get on your radar screen? And then ultimately, how does it get off of it? Michael (04:35.806)Great question. the getting on the screen is fairly mechanical. We look at the 200 largest by market capitalization founder led stocks. So we look at all U.S. listed. So it could be listed on the New York Stock Exchange or NASDAQ, but it has to be U.S. listed. We then look at the 200 largest. And from there, we select the 100 best using a quantitative factor model. So I’m have a Sanford Bernstein background and so do some of the folks here. And so for folks who are familiar with Bernstein’s research, we use a Bernstein factor model to pick the best, the hundred best names out of the 200 largest. That’s how they get on our radar. And to get off is quite simple if they retire. So if a CEO announces he’s retiring, per the prospectus, we have 90 days to sell the stock. once we, so for example, Mr. Buffett recently stepped down from Berkshire Hathaway. And so we sell Berkshire Hathaway on his announcement and no longer own the stock. Frazer Rice (05:38.0)things like corporate mergers or divestitures or maybe even a reclassification of stock where the founder stays on in some capacity but their decision making has been reduced. How do you analyze that? 05:54 The Investment Strategy Behind the ETF Michael (05:54.326)Yeah, so there is some human overlay judgment calls here and the founder has to be an executive officer leading the company. So they can’t just run a division. They can’t just be chairman of the board. They have to be the executive in charge of running the company. Frazer Rice (06:14.0)And if for, I guess one of the exits possibly would be if, and I don’t know if this is even possible, but if NVIDIA were to take over Meta and there isn’t room for Jensen and Mark in the same suite, how do you analyze something like that? Michael (06:34.253)So in the business combinations where you have two founder-led companies or a non-founder-led company swallowed up by a founder-led company, as long as an original founder remains, it remains in the portfolio. So we’ve had some stocks that had, say, three to four co-founders. And as long as one of those co-founder remains, it remains in the portfolio. Voting Shares Frazer Rice (06:58.352)So one of the things that’s a bee in my bonnet is the concept of having shares where, in a sense, they’re super majority or voting components and then shareholders that have less decision making authority to act as a check and balance around the company. Is that something you’re not really that worried about or is it something that may be a factor that’s important later on? Michael (07:24.525)So we actually think that’s one of the opportunities that this exists. Like one of the things that we haven’t talked about yet is why is all this alpha there? Why is this uncaptured alpha there for us to go get? And we think historically in the past, active money managers have sometimes shied away from these founder led companies because to your point, Frazier, oftentimes the founder has managed to have super voting control, 10 to one shares, 101 shares. So they completely control the company. And some of these larger active money management complexes have said, well, we as the shareholder, we need to be able to have a vote and we’re going to underown these stocks. We have the opposite view. We think these founders are special. So we think that by the time a Mark or a Elon has driven their company into the public markets, they’ve showed that they know how to set the vision, ruthlessly execute and generate value for the shareholders. Concerns? And so we’re not concerned by super voting structures. Oftentimes those are the stocks that we want to own because it’s the founder that’s in control and setting the direction of the business and generating high returns for the shareholders. We view it as you either believe in them and you own the stock or you don’t believe in them and sell the stock. We’re not interested in other people’s getting on the board and monkeying with the decisions of the founders. Frazer Rice (08:30.255)Is this it? What is it about the founders, especially for those that go from zero to one, then to scale, and then to shepherding a mature business? What makes them better and what drives the alpha that you’re trying to seek? In terms of putting together a portfolio of these types of companies? 09:01 The Importance of Founders in Business Michael (09:02.891)Yeah, so the great ones tend to be a bit irreverent. They tend to be highly visionary. They tend to be charismatic communicators and relentless in their execution ability. They’ve got a great ability to pivot if a change needs to be made. And rthe moral authority to set a tone to generate very high rates of return. We see it sort of over and over and over in these founder led companies. And if you look at some of the studies that we’ve done. There’s a study that Bain Capital, Bain had done years ago in combination with Harvard Business Review, founder led companies tend to outperform non-founder led companies in say the S &P 500 by 3X. So it’s this personality type of high vision and high execution tends to drive outsize returns. And it’s a bit of a self-selecting process. What makes Founders Unique? If you think about it by the time any of these founders that we own or talk about have got to the public market. They first had to identify an opportunity to go after. They had to develop a great product by listening to their customers. And they’ve shown that they can scale all the way from a series A round, B, C, D, all the way investing and generating high rates of return in the private markets. Transitions of Founders to Executives They get to the public markets, continue to do that. And now you get a little bit of an effect of a echo of that, of now all of sudden you’re in the public markets. If you get enough scale, you have this highly effective business. Now you’re getting relatively cheap capital that you’re feeding into your business through the public markets. And now you continue to grow. Frazer Rice (10:42.096)Just to summarize at least what I’m hearing is that they’ve gotten to the point of becoming public. They’ve been able to say no to losing control in exchange for either putting some liquidity back in their pocket or otherwise moving on. And so they’ve almost ratified their vision and message and they keep going. And by the fact that they’re public, there’s enough liquidity for everyone else out there in terms of their investments. So it ends up being a win-win. Michael (11:11.157)I think so. That’s what we see. Frazer Rice (11:13.316)So one thing that I’ve been sort of reading about and thinking about is the concept that the number of public companies is becoming less, well, it’s decreasing, and that many people are able to stay private for longer. Do you worry that your universe is going to get too small to provide sort of a canvas for your ideas here? 12:02 Market Trends and Future Outlook Michael (11:37.549)Let’s talk about three phases of that. We don’t, we actually see the data showing that there’s more and more opportunities within founder led. So let’s look at history and then let’s move to the future. So historically, probably about the time you and I joined the securities business, they would actually take the, to your point, they would take the founder, they would kick out this charismatic founder. They would put in some mid-level proctor or GE middle level manager to be the you know, the suit in the room to take the company public. And that was sort of in the late nineties and people figured out that wasn’t such a good idea. So if you actually look at the chart, there’s more and more founders staying and leading their public, their, their publicly traded companies. That’s number one. Number two. Yes. We have seen some companies stay private, obviously Stripe, SpaceX, but we are now seeing, for example, SpaceX coming to the public markets. Eli is talking about coming next year. so we, we haven’t seen it so far impact the pool with which we can fish in. And as I mentioned, that’s what we saw historically. Public Markets and the Future In the future, think, Frazer, I think we’re going to start to see a conversion of public and private markets, meaning these private mega cap companies have liquidity. And I think that you’ll see more and more ability to trade those stocks almost in public liquidity. So I think these two markets are converging. So I think that Not only do we have plenty of founders in the traditional public markets, I think that the liquidity and the big privates is going to converge to a public market style shortly anyway. Frazer Rice (13:13.232)You’re in a curious time as far as launching an ETF around this concept. I know a lot of people are wary of Mag-7 and ultra valuations and issues related to that. How do you respond to that concept that a lot of the growth has taken place in seven, maybe seven out of the hundred that you’ve chosen? Debunking the Mag-7 (to the Mag-3) Michael (13:33.356)Yeah, so that’s a misconception. We see Mike Saylor get on TV and wave his arms around it, but it’s not really true. First of all, what’s interesting, if you tear apart the Mag-7, it’s actually the Mag-3. The outperformance in the Mag-7 has come from Meta, Tesla, and NVIDIA. So it’s not just the Mag-7, it’s a founder led. And now you say, well, that’s a small sample set. Let’s look at a bigger sample set. So if you look at the NASDAQ 100, for example, It’s actually the 20 founder led companies have driven most of the outperformance over the last 25 years. And what I’m about to tell you about the S &P 500 probably won’t surprise you. It’s the 37 founder led companies that have driven most of the outperforming the S &P 500. So the outperformance is coming from founders, not from any specific part of the market. And one of the things that we think is great about this ETF is to avoid concentration. 14:50 Risk Management I know you’re really familiar with the concept of active share and that’s how different you are than the S &P 500. We have an 85 % active share to the S &P 500. So if you own the founders 100 ETF, you have much different exposure to the market than say the S &P 500. And so we think it helps reduce some of that concentration. We’ve done some things to make sure that we are diversified. First of all, we do own 100 stocks. Diversification So really good diversification across that. And then number two, while we run a market weight portfolio, we cap. No stock can be bigger than 7 % of the portfolio, so we don’t get out of balance at any point. So we think that we mitigate some of those concentration risks and we allow people to invest in innovation without being over concentrated to any one name, say the MAG-7, for example. So we think that we’re giving our investors really good exposure to innovation through the founders, but not exposing them to pre-existing market concentrations. And then finally remind everyone It’s not the MAG-7, it’s not the NASDAQ-100, it’s not the S &P-500, it’s the founders within each of these are what are driving the outsized performance in those analytical groups. Frazer Rice (15:36.218)So from a diversification standpoint, obviously not everything in one name, the 7 % cap you described, do you have sector concentration guidelines as well? Michael (15:45.749)We don’t have sector concentration guidelines, but if you look at the nature of the portfolio, we were fairly well diversified. We’re slightly overweight tech and financials versus say the S &P, but we own healthcare stocks, own consumer stocks, we own energy stocks. So we’re giving you a broad exposure to the market. Leverage Frazer Rice (16:05.924)Let’s talk about leverage for a second. I know a lot of people are trying to juice returns by piggybacking off of other people’s money on that front. Does that have a place in your ETF? Michael (16:17.004)So there’s no leverage in the ETF. We sort of believe in get rich the slow way. I like to tell people that it’s very hard to make money in the stock market over the short term, but it’s not particularly difficult over the very long term. think Mr. Munger and Mr. Buffett used to talk about this. the idea being, leverage can impact you in times that are not favorable. So we believe in just owning the stocks unlevered, let them compound over very long periods of time. And we think that by doing that, we and our shareholder, we think our shareholders can generate wealth over very long periods of time. Taxes Frazer Rice (16:54.98)So tax efficiency, the concept of holding period, does that play into your process at all? Michael (17:04.316)So remember within the ETF, as long as you’re managing your trading properly within the ETF, there’s no tax implications inside of it for your shareholders. Your shareholders only would be impacted at selling. So assuming they hold the stocks for over a year, any gains would be long-term capital gains treatment. Frazer Rice (17:27.024)And when you’re describing the investor profile that you’re looking to attract here, who is this for? Michael (17:35.916)Yeah, so the person that, you we really think it’s appropriate for you if you have a five year or more holding period and you want to have long-term capital appreciation. You know, if your goal is to be exposed to the best minds and public securities, that’s the founder led companies, and you want to compound your wealth over a very long period of time and have a high probability of outperforming the traditional broad market indexes, this ETF is designed for you. 17:59 Investor Profile and ETF Positioning Frazer Rice (18:04.705)And as you’re sort of outlining that profile and for those people who are trying to figure out where this fits in from an equity allocation perspective, you’re in charge in many ways of the spoke of a hub and spoke component of people are really sort of looking at indexes as the base of their equity portfolio. What are you looking for? What kind of benchmarks do you sort of measure yourself against? Michael (18:35.007)Yeah, so we think this is absolutely a core holding. So if you’re looking to build out you or your client’s portfolio, we think this should sit at the core. It is on the growth side, so it’s core growth. We think that it is a one-for-one replacement for, the NASDAQ 100. Or, for example, somebody holding the triple Qs. We think this is a better holding than the triple Qs. So we benchmark ourselves against them and against the S &P 500. Ee look at beating those two broad market indexes, generating better risk return for our investors. Frazer Rice (19:13.019)For those listeners that are out there and want to find out more, what’s the best way that they can either get a hold of you or maybe even better, do you have a ticker symbol ready that people can discover? FFF and Contact Information Michael (19:25.215)Yeah, absolutely. So the ticker is FFF. So that’s the FFF ETF that we’ll trade on. And investors can find that at their favorite brokerage firm, whether they’re Schwab customers, Interactive Brokers customers, Fidelity customers, trades under one ticker, just like a stock. Frazer Rice (19:44.365)And let’s take, we have a few minutes to go here, which is great. Your experience in terms of establishing the ETF, maybe a couple of some of the touch points when you went from vision to execution here, what was the process? Michael (20:00.106)Yeah, so ETF has a few basic processes that are regulated under the 1940 Securities Act. And so a lot of those rules are set up to protect the end investors. So for example, the securities live within a trust. So we set up our own trust. Some people use a mingled trust. We thought it was better for our end investors to have our own trust that we set up that has an independent trust board that oversees to make sure that we’re executing our strategies as we’ve outlined in the prospectus to make sure that we’re Doing the best we can for our investors. You’ve got to set that up There’s a few firms that do the plumbing for the for the ETFs would say US Bank is probably the largest player. So US Bank provides our our fund custody and fund administration and then there’s just a few other vendors in the space that sort of help with all the plumbing to make sure that the ETF runs smoothly. So it’s probably a six month process if you stay really focused to get all of that set up. 20:58 Navigating the ETF Launch Process Frazer Rice (21:03.313)You get that set up, how do you approach the Schwabs and the Fidelitys and the other platforms to make sure that people can access, buy, sell, whatever they want to do with your ETF? Michael (21:14.347)Yeah, that’s a great question. So the online brokerages typically put you on the platform as soon as you’re listed on a major US exchange. So you’ve got to get listed on NASDAQ, NYSE or CIBO. We chose CIBO. So again, on the traditional online brokers, you’re there day one. And then the big wire houses, JP Morgan, Goldman, Morgan Stanley, BAML, they typically have a few hurdles that you’ve got to get through, whether it’s daily trading liquidity assets under management. And over time, as you run the wickets through their process, you’re added to those platforms. Macro Issues? Frazer Rice (21:48.721)We live in a political age and a time when there’s just chaos everywhere, different types of rules in order to allocate capital. If you’re an investor trying to guess what’s happening politically, et cetera, that are difficult, you must be positive as far as the environment for founders to find success in this country and beyond. Is there anything that you’re looking for to make sure that those conditions hold? Michael (22:18.225)Yeah, we don’t really look at the macro or political backgrounds. think over very long periods of time, U.S. innovation outperforms. so we sort of we think that, again, one of the great things with investing in founders is they keep adapting as the background changes behind them. So we think over very long periods of time, the U.S. has great economic growth. And for those people that have worried about little blips along the way, we think the founders are the absolute best at mitigating those blips. Frazer Rice (22:48.334)I like to say you bet against America at your own peril and it sounds like from a founder perspective it’s still a great place for them to locate their businesses and grow them here. Michael (23:01.042)Absolutely. 23:50 Final Thoughts and Contact Information Frazer Rice (23:02.971)Just to reiterate, FFF is the ticker symbol for people to find it. any other contact points for people to find you if they’re interested in what you’re putting together. Michael (23:15.613)Yeah, so we have a great website at FounderETFs.com. can go check out there or anyone’s happy to email me, just michael at FounderETFs.com. Happy to chat with anyone who has interest about the portfolio, the strategy, or what we’re building. Frazer Rice (23:32.197)Well, great to have you back on, Mike. Thank you for putting up with my attempt at looking like Steve Jobs. It’s 25 degrees in New York here, and I am the stupid one who’s not in California or somewhere warm. appreciate you taking the time to be on and talking about your new product. Michael (23:48.011)Yeah, it was great to be on here. Really a huge fan of your podcast and just the level of guests that you’re able to interview and help educate your viewers. Frazer Rice (23:56.849)Mike, thanks for being on. Michael (23:59.061)Thanks a lot, Frazer. https://www.amazon.com/Wealth-Actually-Intelligent-Decision-Making-1-ebook/dp/B07FPQJJQT/ Previously with Mike Monaghan ETF EDUCATION ARTICLES ON ETF.COM

Elena Verna is the head of growth at Lovable, the leading AI-powered app builder that hit $200 million in annual recurring revenue in under a year with just 100 employees. In this record fourth appearance on the podcast, Elena shares how the traditional growth playbook has been completely rewritten for AI companies. She explains why Lovable focuses on innovation over optimization, how they've shifted from activation to building new features, and why giving away their product for free has become their most powerful growth strategy.We discuss:1. Why 60% to 70% of traditional growth tactics no longer apply in AI2. Why you have to re-find product-market fit every 3 months3. The specific growth tactics driving Lovable's unprecedented growth4. Why giving away product is a growth strategy that beats paid ads5. “Minimum lovable product” as the new standard (not minimum viable product)6. Why activation now belongs to product teams, not growth teams7. Whether you should join an AI startup (honest tradeoffs)—Brought to you by:WorkOS—Modern identity platform for B2B SaaS, free up to 1 million MAUsVercel—Your collaborative AI assistant to design, iterate, and scale full-stack applications for the webPersona—A global leader in digital identity verification—Transcript: ⁠https://www.lennysnewsletter.com/p/the-new-ai-growth-playbook-for-2026-elena-verna⁠—My biggest takeaways (for paid newsletter subscribers): ⁠https://www.lennysnewsletter.com/i/181207556/my-biggest-takeaways-from-this-conversation⁠—Where to find Elena Verna:• X: https://x.com/elenaverna• LinkedIn: https://www.linkedin.com/in/elenaverna• Newsletter: https://www.elenaverna.com—Where to find Lenny:• Newsletter: https://www.lennysnewsletter.com• X: https://twitter.com/lennysan• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/—In this episode, we cover:(00:00) Introduction to Elena Verna(05:19) The scale and growth of Lovable(08:55) Confidence in Lovable as a business(12:17) Retention at Lovable(15:02) Lovable's unique growth levers(28:13) The role of marketing in Lovable's success(38:09) Launching new features(40:59) Hiring and team dynamics(43:17) The value of vibe coding(49:46) The importance of community(51:47) Giving away your product for free(56:26) Tripling their company size(01:00:23) Product-market-fit challenges(01:08:50) Advice for joining AI companies(01:12:00) Work-life balance(01:15:20) What it's like to work at Lovable(01:19:45) Women in tech(01:25:29) Final thoughts and lightning round—Referenced:• Elena Verna on how B2B growth is changing, product-led growth, product-led sales, why you should go freemium not trial, what features to make free, and much more: https://www.lennysnewsletter.com/p/elena-verna-on-why-every-company• The ultimate guide to product-led sales | Elena Verna: https://www.lennysnewsletter.com/p/the-ultimate-guide-to-product-led• 10 growth tactics that never work | Elena Verna (Amplitude, Miro, Dropbox, SurveyMonkey): https://www.lennysnewsletter.com/p/10-growth-tactics-that-never-work-elena-verna• Lovable: https://lovable.dev• Building Lovable: $10M ARR in 60 days with 15 people | Anton Osika (co-founder and CEO): https://www.lennysnewsletter.com/p/building-lovable-anton-osika• Stripe: https://stripe.com• What differentiates the highest-performing product teams | John Cutler (Amplitude, The Beautiful Mess): https://www.lennysnewsletter.com/p/what-differentiates-the-highest-performing• How to win in the AI era: Ship a feature every week, embrace technical debt, ruthlessly cut scope, and create magic your competitors can't copy | Gaurav Misra (CEO and co-founder of Captions): https://www.lennysnewsletter.com/p/how-to-win-in-the-ai-era-gaurav-misra• “Dumbest idea I've heard” to $100M ARR: Inside the rise of Gamma | Grant Lee (CEO): https://www.lennysnewsletter.com/p/how-50-people-built-a-profitable-ai-unicorn• Eric Ries on LinkedIn: https://www.linkedin.com/in/eries• Elena's post on LinkedIn about Lovable Missions: https://www.linkedin.com/posts/elenaverna_everythingispossible-lovableway-activity-7401627519646474242-hn6e• SheBuilds: https://shebuilds.lovable.app• Shopify + Lovable: https://lovable.dev/shopify• The Product-Market Fit Treadmill: Why every AI company is sprinting just to stay in place: https://www.elenaverna.com/p/the-product-market-fit-treadmill• Cursor: https://cursor.com• The rise of Cursor: The $300M ARR AI tool that engineers can't stop using | Michael Truell (co-founder and CEO): https://www.lennysnewsletter.com/p/the-rise-of-cursor-michael-truell• Unorthodox frameworks for growing your product, career, and impact | Bangaly Kaba (YouTube, Instagram, Facebook, Instacart): https://www.lennysnewsletter.com/p/frameworks-for-growing-your-career-bangaly-kaba• The adjacent user: https://brianbalfour.com/quick-takes/the-adjacent-user• Granola: https://www.granola.ai• Wispr Flow: https://wisprflow.ai• I'm worried about women in tech: https://www.elenaverna.com/p/im-worried-about-women-in-tech• Slack founder: Mental models for building products people love ft. Stewart Butterfield: https://www.lennysnewsletter.com/p/slack-founder-stewart-butterfield—Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.—Lenny may be an investor in the companies discussed. To hear more, visit www.lennysnewsletter.com

Today, Hunter was joined by the new Chief Public Defender for the state of Missouri, Matthew Crowell. Matthew and Hunter discussed a range of topics that Matthew is now facing as the Chief and how he hopes to tackle them.   Guest: Matthew Crowell, Chief Public Defender, Missouri   Resources: Contact the Missouri Public Defender Here https://publicdefender.mo.gov/  Lawsuit https://www.aclu-mo.org/en/news/advocates-sue-missouri-department-mental-health-failing-treat-pretrial-detainees-living-mental         Contact Hunter Parnell:                                 Publicdefenseless@gmail.com  Instagram @PublicDefenselessPodcast Twitter                                                                 @PDefenselessPod www.publicdefenseless.com  Subscribe to the Patreon www.patreon.com/PublicDefenselessPodcast  Donate on PayPal https://www.paypal.com/donate/?hosted_button_id=5KW7WMJWEXTAJ Donate on Stripe https://donate.stripe.com/7sI01tb2v3dwaM8cMN Trying to find a specific part of an episode? Use this link to search transcripts of every episode of the show! https://app.reduct.video/o/eca54fbf9f/p/d543070e6a/share/c34e85194394723d4131/home  

Let's close out 2025 with graphic memoirist and comics journalist Jonathan Sandler! We talk about his childhood secret origin in comics, the comics course in 2017 that brought him back to the form, the process of turning his grandfather's WWII memoir into a comic, THE ENGLISH GI (with art by Brian Bicknell), and how he really became a comics aficionado after publishing his first graphic novel. We get into how he started the Graphic Memoir blog and began reviewing comics, interviewing cartoonists, visiting exhibitions, and spreading the comics gospel, and why this very podcast has provided him with a ton of inspiration. We also discuss what he's learned from and about interviewing, why he's started drawing his own comics, why he's glad he dived into making The English GI instead of researching all the other WWII graphic novels out there, what the late Tom Spurgeon meant to me and everyone else he met, why the most difficult thing about making comics is choosing what to put in the panels, and more. Follow Jonathan on Instagram and subscribe to his Graphic Memoir blog • More info at our site • Support The Virtual Memories Show via Stripe, Patreon, or Paypal, and subscribe to our e-newsletter

David George is a General Partner at Andreessen Horowitz, where he leads the firm's Growth investing team. His team has backed many of the defining companies of this era, including Databricks, Figma, Stripe, SpaceX, Anduril, and OpenAI, and is now investing behind a new generation of AI startups like Cursor, Harvey, and Abridge. AGENDA: 03:05 – Why Everyone is Wrong: Mega Funds Does Not Reduce Returns 10:40 – Is Public Market Capital Actually Cheaper Than Private Capital? 18:55 – The Biggest Advantage of Staying Private for Longer 23:30 – The #1 Investing Rule for a16z: Always Invest in the Founder's Strength of Strengths 31:20 – Why Fear of Theoretical Competition Makes Investors Miss Great Companies 35:10 – Does Revenue Matter as Much in a World of AI? 44:10 – Does Kingmaking Still Exist in Venture Capital Today? 49:20 – Do Margins Matter Less Than Ever in an AI-First World? 53:50 – My Biggest Miss: Anthropic and What I Learn From it?  56:30 – Has OpenAI Won Consumer AI? Will Anthropic Win Enterprise? 59:45 – The Most Controversial Decision in Andreessen Horowitz History 1:01:30 – Why Did You Invest $300M into Adam Neumann and Flow?    

"So above all, guard the affections of your heart, for they affect all that you are. Pay attention to the welfare of your innermost being, for from there flows the wellspring of life.” Proverbs 4:23 TPT   *Transcription Below*   Thank You to Our Sponsor: The Sue Neihouser Team   Katie M. Reid is an author, speaker, podcast host, and songwriter who inspires others to live out their purpose with tenacity, wisdom and grace at katiemreid.com. She is the author of Made Like Martha: Good News for the Woman Who Gets Things Done, A Very Bavarian Christmas novel (which is becoming a movie) and the co-creator of The Digital Peace Pact and the Check Your Selfie Story-Coloring Book. Katie is also the co-host of The Martha + Mary Show podcast. As the Inspiration Doula, Katie coaches creatives, helping them bring life to their projects. Her album, Echoes of My Heart, the Daughter song, and The Very Bavarian Christmas musical soundtrack can be accessed here and on other music streaming platforms. Katie delights in her husband and five children. Musicals, iced tea, and cut-to-the-chase conversations are a few of her favorite things.   Questions and Topics Discussed: As a woman who excels in getting things done, what tips can you share as it relates to getting things done around our home? What are some of the changes you've made to your lifestyle that have led to the greatest results? What habits and rhythms do you have in place to support your personal development and spiritual growth?   Other Episodes Mentioned from The Savvy Sauce During Episode: 183 Leading Your Family, Marriage, and Self with Justin Maust Patreon 47: Business, Leadership, and Legacy with Justin Maust    Other Episode Mentioned During Episode: Mary & Martha Show: Benefits of Chiropractic Care with Dr. Lianne Coombe   Other Related Episodes on The Savvy Sauce: 81 Sacred Rest with Doctor, Author, and Speaker, Dr. Saundra Dalton-Smith 150 Brain Science and Spiritual Abundance with Ken Baugh 256 Gut Health, Allergies, Inflammation and Proactive Solutions with Emily Macleod-Wolfe   Gospel Scripture: (all NIV) Romans 3:23 “for all have sinned and fall short of the glory of God,”   Romans 3:24 “and are justified freely by his grace through the redemption that came by Christ Jesus.”   Romans 3:25 (a) “God presented him as a sacrifice of atonement, through faith in his blood.”    Hebrews 9:22 (b) “without the shedding of blood there is no forgiveness.”    Romans 5:8 “But God demonstrates his own love for us in this: While we were still sinners, Christ died for us.”    Romans 5:11 “Not only is this so, but we also rejoice in God through our Lord Jesus Christ, through whom we have now received reconciliation.”    John 3:16 “For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life.”   Romans 10:9 “That if you confess with your mouth, “Jesus is Lord,” and believe in your heart that God raised him from the dead, you will be saved.”    Luke 15:10 says “In the same way, I tell you, there is rejoicing in the presence of the angels of God over one sinner who repents.”   Romans 8:1 “Therefore, there is now no condemnation for those who are in Christ Jesus”   Ephesians 1:13–14 “And you also were included in Christ when you heard the word of truth, the gospel of your salvation. Having believed, you were marked in him with a seal, the promised Holy Spirit, who is a deposit guaranteeing our inheritance until the redemption of those who are God's possession- to the praise of his glory.”   Ephesians 1:15–23 “For this reason, ever since I heard about your faith in the Lord Jesus and your love for all the saints, I have not stopped giving thanks for you, remembering you in my prayers. I keep asking that the God of our Lord Jesus Christ, the glorious Father, may give you the spirit of wisdom and revelation, so that you may know him better. I pray also that the eyes of your heart may be enlightened in order that you may know the hope to which he has called you, the riches of his glorious inheritance in the saints, and his incomparably great power for us who believe. That power is like the working of his mighty strength, which he exerted in Christ when he raised him from the dead and seated him at his right hand in the heavenly realms, far above all rule and authority, power and dominion, and every title that can be given, not only in the present age but also in the one to come. And God placed all things under his feet and appointed him to be head over everything for the church, which is his body, the fullness of him who fills everything in every way.”   Ephesians 2:8–10 “For it is by grace you have been saved, through faith – and this not from yourselves, it is the gift of God – not by works, so that no one can boast. For we are God‘s workmanship, created in Christ Jesus to do good works, which God prepared in advance for us to do.“   Ephesians 2:13 “But now in Christ Jesus you who once were far away have been brought near through the blood of Christ.“   Philippians 1:6 “being confident of this, that he who began a good work in you will carry it on to completion until the day of Christ Jesus.”   *Transcription*   Music: (0:00 – 0:09)   Laura Dugger: (0:11 - 1:29) Welcome to The Savvy Sauce, where we have practical chats for intentional living. I'm your host, Laura Dugger, and I'm so glad you're here.   Thank you to the Sue Neihouser Team for sponsoring this episode.   If you're looking to buy or sell a home this season, make sure you reach out to Sue at 309-229-8831. Sue would love to walk alongside you as you unlock new doors.   Welcome to the final episode of The Savvy Sauce for 2025. We look so forward to meeting you back here after today's episode on Monday, January 5th.   But for today, my guest is Katie Reid. She is wildly creative and also completely grounded in her faith.   She's an author, speaker, former podcaster, and coach for creatives. She's going to share on a variety of topics today, ranging from health to discerning God's leading for what's next in each of our lives. Here's our chat.   Welcome to The Savvy Sauce, Katie.   Katie Reid: (1:30 - 1:33) Thank you so much for having me, Laura. This is such a treat.   Laura Dugger: (1:33 - 1:45) Oh, it's a delight to get a chat with you. And I want to go back. I want to hear the origins of your writing and podcasting journey and how it's led to the work that you get to do today.   Katie Reid: (1:46 - 3:00) Well, in about 2014, I had a bucket list. And on that bucket list, there were things like make a quilt and sing the national anthem in a professional sporting event and bake an apple pie and writing a book was on it. And so, Laura, I've always been a very driven and purposeful person.   So, it felt like it was the time to write a book. And I had no idea how hard it was going to be and that it would accidentally turn into a career that I forgot to ask my husband if I could start. But it was when I started writing and I had been writing, you know, just as a kid here and there.   But it turned into what I did as a career. And it was not necessarily easy. But God has refined me through the process.   And so, my first book Made Like Martha came out in 2018. And then I have dabbled in fiction books as well. And then I have a Bible study that is out now.   God, What Do I Do? based on Judges one through five. So, I kind of write a little bit of everything. And it's been a wild and wonderful journey.   Laura Dugger: (3:01 - 3:07) Wild and wonderful for sure. Going back to that bucket list, have the other ones also become realities as well?   Katie Reid: (3:08 - 3:28) You know, I have sang the national anthem at some not  professional sporting events, but, you know, high school events and that kind of thing at my college. I have made an apple pie. My mom is a quilter and I just decided she can do that.   I kind of removed that off the list. But now I can check off, write a book.   Laura Dugger: (3:28 - 3:53) That's incredible, which is a huge undertaking. So, thank you for your labor of love. And even going back, I love how you've identified that you kind of relate more to the Martha personality rather than the Mary personality.   So, can you define what that means and share some of the benefits and the drawbacks of each personality leaning?   Katie Reid: (3:54 - 6:41) Sure. So, in the Bible, in Luke 10:38-42, we meet two sisters, Martha and Mary, and they had a brother, Lazarus, as well, and they were friends of Jesus. And Martha it seems like your firstborn type A, you know, to do list kind of gal.   And Mary was like a disciple of Jesus sitting at his feet, maybe more relationally driven. And so, when I read this story that has, you know, Martha gets a lot of flack because a lot of people like, “Oh, we need to all be like Mary.” And so, this story, I always wanted it to go differently.   Martha goes to Jesus. She's worried and distracted by all her preparations. She's housing or hosting Jesus and his disciples at her home.   And Mary's sitting there listening to Jesus teaching. And so, Martha goes to Jesus and says in the Katy paraphrase, “Hey, Jesus, I'm here doing this all by myself. Tell Mary to get off her duff and help me.”   And I so, Laura, wanted Jesus to say, “Martha, you are right. Mary, get in there and help your sister.” But that's not what he did.   And so, I want to take a closer look at the story and see what did God really say? Because I think over time, we've probably read books or heard different sermons that paints Martha in a certain light. And I wanted to see for myself, you know, have we added things to this that aren't really there?   And what I discovered is, you know, Jesus made us. We know this from Psalm 139 on purpose and for a purpose and intricately. And so, it was no mistake that Martha was made to do and to get things done.   But she got a little out of whack kind of with her heart posture, as I say, you know, kind of trying to strive and earn versus working from a place of love. She was working for love and she already had that love right there in Jesus in her home. And so, that's what Made Like Martha is about.   But I see how, you know, a lot of us are a blend of both of these women, you know, task oriented, relational oriented. But I think we lean more one way or the other. But the world needs all kinds of people in it.   And so, I think sometimes we view it as a competition when actually it's just different. But we can never go wrong with sitting at Jesus's feet. But also, we can be at peace and settled on the inside in our relationship with the Lord, even when our hands are busy.   Because if we just all sit, things will not get done. And, you know, we are both busy moms, Laura. And, you know, there's just there's a to do list every day, isn't there?   Laura Dugger: (6:41 - 7:00) There is. But you are someone who really does excel at getting those things done. Like you said, it's in your wiring from the Lord.   So, what tips can you share with all of us? And maybe starting with how does that specifically look for getting things done around our home?   Katie Reid: (7:01 - 8:47) Yes, I think there's a resource I have on my website that we can share in the show notes, and it's called the “All Done Calendar.” And I don't know about you, Laura, but my to do list can have like 25 things on it, which is just very unrealistic. Right.   I am not going to get 25 things done in a day. And so, I created this all done calendar and it's a blank calendar. It's got some pretty designs on it.   And what you do is you write down a few things each day that you actually got done. And cleaning half of the bathroom can totally count. You don't even have to do the whole thing. But it's a way to celebrate what you've already done instead of just being fixated on all there's left to do. And so, that's something that helps me is to be like, OK, I did not get the 25 things done. But what with the Lord's help did I get done?   And sometimes I might have had these really lofty goals, but maybe instead I had a meaningful conversation with my team. Or maybe instead I left the dishes and sat down and watched a movie with my family and likely fell asleep 10 minutes in because I sat down. But I think we can just feel, especially in this Pinterest world and comparison with social media, we can feel like we're behind all the time.   And so, this all done calendar is just a really practical way to just look back over the month and be like, look what I did do. And sure, there could be lots of things left, but it's a way to just remind ourselves of what we have in that gratitude. I call it a lavish list instead of a lack list.   You know, instead of counting all the things you don't have, give thanks for all the things you do.   Laura Dugger: (8:48 - 9:05) Wow. And that gratitude really does change everything when our mindset is changed. Do you have any other tips that you use then for meal planning or logistics?   Because you can introduce us to your family as well. You've got quite a few kids with your husband.   Katie Reid: (9:05 - 11:47) We do. We have five kids. The oldest is almost 21. She's a girl. Our youngest is a girl also, and she's almost nine. And then we have three boys in the middle, 18, 16, and 12.   And so, we are a lively and a loud family. I think for me with meal planning, I actually do enjoy cooking and my daughter had a lot of culinary training. So, I know some women are just like, it happens every day and I don't like it.   But what I often do with our busy schedule is on Saturday or maybe Sunday afternoon, I like to cook things in bulk. So, maybe I'll make a soup and some taco meat and put pulled pork in the crock pot so that we can kind of eat off that. And during the week, I kind of batch cook.   So, I don't feel like I'm doing it all the time. And we also from a young age have equipped our kids to make their food. I remember we had someone stay with us, Laura, and they were like almost appalled.   They're like, “I mean, these young kids just got up and made their own food. Where was the mom?” And my husband said, “That's actually what we've trained them to do.”   I mean, they were getting like cereal. The other day, the baby of the family is almost nine and we do probably too much for her as one tends to do with their youngest child. And so, I equipped her and empowered her.   I said, “You know, Lark, you can make your own eggs.” And so, sure enough, she got a stool. I just reminded her to spray the pan and turn off the oven.   And she made herself, you know, eggs with bacon bits in it. And you can see that sense of pride. She was a little hesitant at first.   But I believe in working smarter, not harder. And so, we do divvy up, you know, chores around the house. In fact, I dare not say this too loudly.   But when I started writing, my husband said to our kids who were quite a lot younger at the time, “Guess what? Mom's not doing the dishes anymore. So, you guys are each going to have a night or two. And you're going to do those because we want her to be faithful to what God has also asked her to do. And you guys need to learn how to do this.” And so, Laura, when they first started loading the dishwasher, I had to fold my hands because they were not doing it in the way I would have envisioned.   But it was still getting it done. So, I have this little mantra. If someone else can do it with at least 75 percent, you know, effectiveness, then that should be good enough.   Because I think sometimes as women, we kind of want it my way or the highway. But then we wear ourselves out because we're trying to control or manage everything. And sometimes 75 percent is good enough.   Laura Dugger: (11:48 - 12:21) Katie, you sound like a wonderful mother. I think that's such a gift to your kids. Their studies show doing chores and being more self-sufficient, being trained that way is beneficial to them across the board.   So, I applaud you. Well done. But another one of your sweet spots that you seem to get after is healthy living.   And so, I'd love to know, what are some of your most beneficial lifestyle changes that you've implemented in your family? And now they've led to the greatest results.   Katie Reid: (12:22 - 15:12) Yeah, so, one of the things we do as a family is we go to the chiropractor. And I know that some people have mixed feelings about that, but we love our chiropractor. And, you know, I'll probably get the statistics, you know, not quite right. I'm a creative brain versus a very logical brain. But I do know there are many health benefits to chiropractic care. It boosts your immune system.   I can for me personally, some of the benefits is I used to get vertigo sometimes, which is a terrible thing if you've never had it, where the room is like spinning and I'd have to just lay in bed, which is not a great thing, you know, for our busy lifestyle. And so, I have less vertigo. I can move my head back and forth freely and lots of other things.   But one thing that was interesting, and we did interview my chiropractor on the Martha & Mary Show on the podcast, is there's so many things that can be benefits to it. And at my age, I'm almost 48. I can see 50 from a distance.   And my friends and I, Laura, are talking about our bodies so much. We are now like our moms would do. And even going to the bathroom more regularly can be a benefit of chiropractic care or, you know, your cramps not being as bad, all that.   So, that's one of the things we have done. This year, we are trying to walk a lot more. So, my husband and I and our two youngest children, we have this little half hour route that we do. And we were even doing it in the middle of winter. And then as things have gotten busier, that's fallen a little bit by the wayside, but just fresh air. We have some great conversations.   And the other thing, too, is I don't know if you're like this, Laura, but during COVID, we put on a lot of weight and we didn't realize it. We could see it in other people, but we went to the doctor and I was shocked by what I weighed. And I went to a naturopath and I just said, “Can you help me?”   And so, I thought I was taking good care of myself, Laura. But looking back, I surely was not. And a lot of it was what I was eating.   I was not drinking enough water. So, anyway, that helped to just the education of that our food has such an impact. And so, really it you know, we are not like health freaks by any means, but trying to have more vegetables, some healthy options.   I had no idea what a big deal protein was. I just didn't know, you know, as kids who ate SpaghettiOs and, you know, mac and cheese growing up in the 80s. There just wasn't as much out there about, you know, that connection with what you're putting in your body and how you're feeling.   Laura Dugger: (15:13 - 18:23) That's such a good point. I love hearing these habits and I very much enjoyed that episode that you did with your chiropractor. We'll have to link to that as well in the show notes.   And now a brief message from our sponsor. With over 28 years of experience in real estate, Sue Neihouser of the Sue Neihouser Team is a RE-MAX agent of Central Illinois. And she loves to walk alongside her clients as they unlock new doors.   For anyone local, I highly recommend you call Sue today at 309-229-8831. And you can ask her any real estate questions. Sue lives in Central Illinois and loves this community and all that it has to offer.   When unlocking new doors with her clients, Sue works hard to gain a depth of understanding of their motivations and dreams and interests in buying and selling their home. And then she commits to extensive market research that will give them confidence in their decision. Sue truly cares for each of her clients and the relationship she forms with each family along the entire home buying or selling process.   This was absolutely our experience when we worked with Sue and her team. The house that we desired at the time was actually not even on the market. But Sue had a connection and was able to ask those homeowners if they would be willing to sell.   She was timely in her response as she walked us through this whole process. And she helped us sell our home with the right offer coming in hours after it was listed. We kept saying she's thought of everything.   And Sue's continued generosity was astonishing. I remember one afternoon after we had settled into our new home and she was knocking on the door, dropping off a goodie bag for our family that came from the local bakery. Our daughters also loved getting to know Miss Sue as she assisted us in finding truly our dream home.   So, whether you're looking to buy a home for the first time, looking to upgrade, or downsize, or making the big decision to move to an assisted living from your home of many years, Sue will be there to help you navigate the big emotions and ensure the process is smooth and stress-free. And that the new doors to be unlocked are ready and waiting for more memories to be made. So, call her today at 309-229-8831 or visit her website at sueneihouser.com. And that is sueneihouser.com. Thanks for your sponsorship.   Katie, you're such a go-getter and in the midst of homeschooling and writing this book, you also still pursue personal development and spiritual growth. So, do you have any systems or rhythms in place to support that growth?   Katie Reid: (18:24 - 21:43) Yeah, I think a couple of them. I often want to talk to people, talk about the Mary and Martha event. Some people are that way with Bible study and prayer. There are some who just love to study the Bible. There're others who lead with prayer. I've been the Bible study girl. I love to study, you know, as a teacher. Maybe that's just my thing. But prayer was something that I felt like I was always getting like a D minus in. And it's not that I never would, Laura, but, you know, I just have a friend, Lee, who co-hosts The Martha & Mary Show with me, and she is a prayer, a pray-er. And so, one of the things I did was I know accountability is key in developing healthy practices, whether that's physically or spiritually or emotionally.   And so, we started a mom's prayer group at our church that meets most Fridays throughout the year because I knew, I mean, surely I wasn't going to just pray on Fridays. But I knew if I had that group and I was helping lead it and show up that that would be a discipline that would get into my life. And it really has, but it just felt very daunting.   Another tip my friend gave me just with incorporating more prayer is to have like a trigger. So, every time you open a door to pray or every time you interact with water, let it serve as a reminder to pray. And again, I just need that kind of accountability in my life. I can get distracted easily.   And so, that was just another thing that helped me to just have that in the forefront of my mind. And I also feel like having teen and young adult children, you will just start praying much more naturally because you realize that your influence is shifting. You're more of a coach and a support than you are kind of that direct supervisor. And so, God gave me this phrase of like, "Prayer is the way sometimes we got to parenting, but prayer is also what we need to get through parenting."   And so, I have been doing much more prayer lately, but I just encourage the listeners, whether it's Bible study or prayer, which are essential to our spiritual growth, grab a friend and ask them, you know, you could text each other in the mornings, like, "Hey, I'm praying for you about this. Or will you pray about this?" But it is when we link arms, we have more effectiveness, I think, because we're not just trying to do it on our own. And I feel like in our culture, especially with all the pressures of, you know, social media and all of that, we try to be all things to our family, like, you know, grow organic vegetables and sew our kids' clothes and homeschool and you fill in the blank. But yet it's so much more accessible done in community. For example, I love batch cooking. So, maybe I could make an extra lasagna for someone and then I don't love to fold laundry, but maybe my friend comes over and we fold laundry together. I just think we can be so isolated. And we're missing out on sharing our strengths with others and them with us. And I just think family life is best done in community, if at all possible.   Laura Dugger: (21:44 - 22:15) That's so wise and so practical. I love that. Even the tip of when you interact with water to pray. That's really helpful. And speaking of spiritual growth, I do want to highlight some parts of your amazing book, which, as you said, it's entitled, God, What Do I Do? So, I want to just dive into a couple of the sections, beginning with, "God, what do I do with what you've given me?" So, Katie, can you just expound on that topic?   Katie Reid: (22:15 - 23:38) Yeah, for sure. So, we've all been given time, talents, treasures. You've probably heard those three Ts before. And at the end of my life, Laura, I want to be able to stand before the Lord and by His grace say that I was a faithful steward with what He has entrusted me. And I think we often are told, particularly as women, to keep everything in balance. And I don't know about you, Laura, but that just feels like pressure to me. Like, surely I'm going to drop one of these plates I'm spinning. And so, I like to think about it as being a faithful steward with what's right in front of me, because that feels more manageable. And yes, we still need the Lord's help to do that. But right now, we're doing this interview. So, I want to be a faithful steward of that. And then next, I'm going to go hang out with my college roommates and we're going to have a little reunion. And I want to be faithful with that. But I think we can get really overwhelmed when we're just trying to do everything perfectly. And in the study, we talk about faithfully stewarding the people, position, and place that God has put you in or that's before you. And I think that happens one decision at a time. And again, it feels more manageable when we think about it like that.   Laura Dugger: (23:39 - 23:48) I love that. I even love the questions that you ask about those specifics. Do you want to share those three questions?   Katie Reid: (23:49 - 26:27) Yeah. So, we talk about, you know, what people have you been entrusted with? What position have you been entrusted with? And what place have you been entrusted with? And I think that helps us recognize our purpose as well, like in the current season that we're in. But going back to the time, talents and treasures, you know, time, I feel like right now is such a precious commodity. And we talk about, you know, at church, like tithing your finances. But the idea I've heard people explain, what does it look like to tithe your time?   And I can cram so many things into the day that my husband and I are walking through this process of me having more margin in my life, more white space. And that's a part of stewarding our time. It doesn't mean we have to burn out and just run ragged. You know, we see this pattern in Jesus' life. He would minister and then He would retreat and recharge and then He'd minister. And I think there's some unhealth that we see in our culture and even in my own home with sometimes of just the unrealistic expectations I have.   And life happens. We could have a perfectly executed plan. But then this is a true story. The dog ate chocolate and we have to run for an emergency vet visit. Or I don't know about you, Laura, but you know, sometimes my kids want to have deep conversations at a time that is very inconvenient. But we want to take advantage of those times and take that opportunity.   And so, just going before the Lord and saying, "God, you have given me time. You've given me talents. You've given me treasures. And I want to faithfully steward them. Show me how to move forward in a way that honors you." And I think we have to be careful sometimes. I think we need to put some blinders on because what you are called to might be totally different than what your sister is called to or what I'm called to. And that we need to listen and have the abiding relationship with the Lord because we need to faithfully steward what He's asked us to do, not what He's asked someone else to do. And so, I love that word, too. What God has "entrusted" to us, again, could look a lot of different ways. But He doesn't require perfection. That's why Jesus came, because we couldn't do it. And He's with us in it. And we want to move forward with Him as we manage the people and the place and the position that He's entrusted to us.   Laura Dugger: (26:27 - 27:14) Oh, that's so good. And just to dig a little deeper then, too, I feel like I'm in a similar place where I sense the Lord asking me this week, asking me to ask Him, "What pace do you want me to be living at? What pace is healthy and sustainable? And what changes do I need to make?" So, I feel like I'm just on the beginning of this journey. But if you and your husband have already been diving in to margin, which is a word that I feel like I could answer with, and maybe slowing down a little bit, how do you do that? You're a creative as well, and you've got all these ideas and these good things that you want to go after. Do you have any practical parameters or pieces of discernment in place to know how to create margin as well?   Katie Reid: (27:15 - 29:12) Yeah, I think one thing that I am still learning is that “yes" has a cost to it, right? Now, of course, if Jesus asked us to do something, we want to say yes, regardless of the cost. But let's say someone asked me if I would write an article for a website and I'm launching these books. That sounds like a great idea. But Laura, sometimes I forget what that yes will mean. That's going to be at least three hours of time. And so, to almost look at the ask and associate them with time. And so, while that's a great thing, I also have kids that are in sports right now, and I don't want to miss those sports. Or could I use an article I've used before? Do they want original content? And so, I think with our yes' and no's, just thinking about, again, unless it's an obedience thing where the Lord has just made it so clear.   The other thing my husband often says to me is, "OK, Katie, that is a great opportunity. But what is going to come off of your plate to make room for that?" Where I can just keep heaping it on and it's spilling on a potluck when you overfill your plate and it's all spilling out and just making a mess. And so, that's another thing of like, "OK, what will come off?" I also run things by my husband or a close friend to say I have this opportunity for this. "What do you think?" Because sometimes we have those blind spots where we can't see what that might mean in the future. So, kind of a board of advisors, if you will, people who know you well know your personality. And just because it's a good idea doesn't mean it's a bad idea. And that can be so hard, especially if we're good at something. Sometimes we think it's an automatic yes, but we have to evaluate the season that we are in as well.   Laura Dugger: (29:13 - 30:26) Did you know that this podcast is 100% listener supported? We love producing free content that's available to everyone around the world with our monthly newsletters when you sign up for our email list and with our weekly episodes. We pray that this has been a benefit to you, that if any episode has ever impacted you, what we ask is that you will partner with us now and generously and prayerfully give financially before the end of the year.   There're multiple ways to do this online at TheSavvySauce.com. You can donate through Stripe or PayPal or Venmo with just a simple click, or you can send snail mail to us at Savvy Sauce Charities, P.O. Box 101, Roanoke, Illinois, 61561. We hope you choose to support us today.   The word discernment comes to mind with your book. It's a lot of discernment, a lot of these questions as we're turning to God. So, can you share any of the parts of the section that you wrote about, "God, What Do I Do Next?"   Katie Reid: (30:27 - 34:11) Absolutely. You know, I'm a pretty decisive person, but I know a lot of people are not, and they can be overwhelmed. I mean, even at the grocery store, if we're trying to pick out cereal or Band-Aids even, there are so many options that it can just become overwhelming. We're inundated by information. And so, I think when we are not sure what to do next, there are things we actually can decide, even if we don't specifically know what to do about a situation. And that's a lot of what is found in God, What Do I Do?.   And we follow the Israelites as they're entering the Promised Land. They made some not great choices sometimes, and they made some good choices sometimes. But the idea of their leader had died and they needed to know what to do next. And one of the first things they do, we see in Judges 1:1, is they inquire of the Lord. They go to the Lord and ask Him what they're supposed to do. And Laura, we can never go wrong doing that.   I have a dear friend who told me one time, "Katie, I don't like praying out loud because I just have really simple prayers. They are not eloquent." And I reassured her, you know what? SOS prayers totally count. So, if you find yourself in a situation where you do not know what to do next: "Lord, help me. Lord, I need you." You cannot go wrong praying those prayers. And there's actually, the Bible study goes through six decisions we can make, even if we don't know specifically what to do. And the first one in the introductory lesson is the decision to remember. The more kids I've had and the older I've gotten, I get a little more forgetful. I used to be so good at Memory, that game. And now it's like, I don't know, I'm going to pick the same ones every time. We can be forgetful. But when we recount God's faithfulness in the Bible and also what He's done in our own lives, it can help us make more clear-headed decisions. We have this little box in our home that we decorated back in the scrapbooking days. And inside it, we have a couple pictures and objects that remind us of things God has done for us in the past. One of the things He had asked us to do when we did not have much money, we were getting ready to move across the country and we had two vehicles. And we could have really used the money from the vehicle, one of our vehicles, but the Lord put on both my heart and my husband's heart to give away a vehicle.   And so many people, even Christian believers close to us, Laura, were like, "I don't know, that doesn't seem very wise." But we knew God's voice. We knew what He was asking and it was such a blessing in it. And so, we have a picture of that car, and we have that in the box. And so, I have not done a great job of pulling the box out a lot, especially with our younger kids. But it's just kind of those memorial stones of "Remember how God did this."   I remember one time we were having car difficulties, and I told the family, I said, "You know, wouldn't it be great if someone at church just handed us an envelope with the money we need to repair this vehicle?" And my kids kind of rolled their eyes. "Oh, there's mom and her big faith again." And Laura, wouldn't you know it, someone came up to my husband and said, "We just want to gift you this." And it was like $200 and it was exactly what we needed. And so, it's like stories like that to remember God has been faithful in the past. He will continue to be faithful, even if I don't know specifically what to do about a situation. He will be with me in it.   Laura Dugger: (34:12 - 34:42) Wow, that is incredible. And those spiritual markers build confidence and faith in us with our own journey. But like you said, passing them along to the next generation, that is huge and sharing these stories of God's faithfulness. And this is just such a small sample of your book, because I just want to make sure we highlight one other piece, but you share this insight about one part of the question, "God, what do I do to encourage those around me?"   Katie Reid: (34:43 - 36:25) Yes. So, we look in Judges 4, we met a judge Deborah and there was a military commander named Barak. And so, Deborah was a prophetess and judge, and she goes to Barak and reminds him of what God has already told him. Isn't that a good friend? And she said, "Hey, hasn't God said," and then reminds him. And you know what I love about this is we see this collaboration for the Kingdom.   And maybe it's more of an exhortation than an encouragement. But then later on in Judges 5, there's the song that Deborah and Barak sing. And part of the song is they are calling out those that helped them in battle. And, you know, it's an encouragement. They also call out those who didn't help in a different kind of call out way. But sometimes it bolsters our faith.   If someone else speaks into our life and says, "I see this in you." And a lot of times we think that encouragement, but we don't give voice to it. And I can look back over my life when people have taken the time to encourage me. It's like we cling to those words to keep going. Something we do at our church is the last Sunday of the month we have testimony time. And it is so encouraging to hear what God is doing in other people's lives. And in our own struggles, it can really bolster our faith to keep holding on and to celebrate what He's doing in them. So, I think giving credit to God for what He's done in testimony can really help encourage those around us as well.   Laura Dugger: (36:26 - 37:12) Wow, that is awesome. I love that you do that at your church. Such a practical way to live out so much of the Bible that talks about sharing His story, sharing His faithfulness, and that we overcome Satan by the blood of the Lamb, which is already taken care of, and the word of our testimony. That's so powerful. And Katie, you're just fascinating and multifaceted. And there's a piece of your bio that I just love. You say that you're an "Inspiration Doula". So, I want to hear some of your favorite ways, whether it's questions or stories or bits of wisdom, to share so that you can encourage creatives, which is hopefully all of us because we're created in our Creator God's image.   Katie Reid: (37:14 - 40:11) You know, Laura, I love to see what God, how He has wired different people and encouraged them to share that gift with the world. I love holding the ladder for people so they can climb higher and do more. And sometimes I think on this crazy journey of podcasting and writing and speaking, sometimes I get the sense that God is allowing me to walk through these doors so that I can turn around and help someone else do it but even go further and do more than I have.   Nothing brings me more joy than seeing someone using their giftings. For example, we had a writing retreat recently that really turned into a spiritual renewal retreat. And one of my friends, she is very content to stay home with her kids. She is pretty introverted, but God has given her these talents that she is using more and more. For example, she directed a skit that's, you know, at our church for Easter and did such a great job. And she has written this book that's kind of like a Little House on the Prairie-esque book. And she was working on it at the writing retreat. And, you know, she's around these other women that are speaking all over the country and doing all these things. And so, some way she's like, "What am I doing here?"   And we reassured her she was right where she should be. And so, this fall she's going to teach this class using her book with homeschool students. And then they're going to write their own books. And Laura, I just think it's so fun to see her using what God has placed in her hands in her sphere of influence. And so, I love to—a lot of times people just need that nudge and a little bit of cheerleading to take those next brave steps. I also sometimes they just need to see somebody else doing it to realize that they can do it too.   And again, it can look so many different ways from having people into your home. I have a friend named Cherry and she started a ministry called "Welcome to the Table" where once a month she welcomes women into her home. They share a meal and it has just exploded because people are hungry literally and figuratively for that kind of community. So, a lot of times my coaching looks like encouragement, looks like some practical steps that they can take. A lot of times creatives are not finishers. And I have this weird blend of creativity and administration.   And I just love to help people kind of have a roadmap for what would it look like to get it done. And so many people do not set deadlines, Laura. They're like, "Yes, I'm going to write that book. Or yes, I'm going to start that event. Or yes, I'm going to start a book club." But then they don't give themselves a deadline. So, even just that little tip of like tell somebody else your deadline can really help get the wheels turning.   Laura Dugger: (40:11 - 40:41) That's good. Again, such practical advice. And Katie, you are such a natural encourager. There's even a joy or lightheartedness in your voice and a warmth. And I love how you come alongside others and help develop them and see their dreams fulfilled. So, I love that generosity of spirit. But I also want to hear what else is coming next for you, including, will you tell us about this novel that's becoming a movie?   Katie Reid: (40:42 - 42:40) Yes. So, interestingly enough, when I launched my first book, Made Like Martha came out in 2018. And then I had this idea for a book about Deborah from Judges. Well, wouldn't you know, here we are seven years later and that book is finally coming out. So, in the meantime, as I was encountering a lot of closed doors about this particular book, I was like, "Well, I'm a creative and I'm a writer. And if I can't write nonfiction, I guess I'll try fiction."   And so, I wrote a Hallmark-like story called A Very Bavarian Christmas. We self-published it. It came out in 2020. And funny that God knew that people actually needed something lighthearted with a happy ending because I wrote it in 2019. And then when it came out, people were hunkered down and just needed that kind of feel good type of clean rom-com. And so, I call this the little book that could, Laura, because literally I got an email from Carlos from California and that it went to my spam folder. And it surely sounded like spam, but what Carlos said is, "Our team has read your book and we would like to purchase the movie rights." And so, sometime in the future, it will likely be on UP TV. There's going to be a movie based on my novel.   And then the sequel, A Very Bavarian Summer, has recently come out. July 5th was its release date. And it's just been such a fun journey. So, a publisher ended up picking up the series. And I was just as surprised as anyone. I was hoping it would be a movie. I kind of wrote it like that. And again, there was many voices saying, "Yeah, you know, you're not a fiction writer. So, let's kind of see how it goes." But I just knew that God had given me this story and that anything is possible. And it wasn't a guarantee. It would all turn out how I thought it would. But it's been a very fun and exciting journey for sure.   Laura Dugger: (42:41 - 42:52) That's incredible. So excited for you. I have to keep us posted for when we can see that. But where else can we go after this conversation to continue learning more from you?   Katie Reid: (42:53 - 43:51) Well, the best place is at my website, katiemreid.com. And Reid is R-E-I-D. And if you subscribe, listeners, to my website, I send out a good newsletter, I call it, once a month with all the things. I'm also on Instagram @katiem_reid. And then my books are available, Made Like Martha, God, What Do I Do?, A Very Bavarian Christmas, and A Very Bavarian Summer. And so, we're also pitching another Bible study. So, hopefully in a year or so there will be some more. But I love to resource people. My desire, whether I am writing nonfiction or fiction, is to see captives set free. Because Jesus has set me free. And I long for others to live that abundant life with Jesus. And so, that thread is throughout each resource we offer. And I would love to connect with listeners over my website or online.   Laura Dugger: (43:52 - 44:17) I'll make sure to link to all of that in the show notes. I love that, setting the captives free, joining that good work that Jesus is doing. And Katie, you already know that we're called The Savvy Sauce. Because savvy is synonymous with practical knowledge or insight or discernment. So, as my final question for you today, what is your savvy sauce?   Katie Reid: (44:18 - 45:12) Well, I am bad at small talk. I like to go deep fast. And so, I feel like my savvy sauce is asking meaningful questions. Whether that be of my spouse or my kids. And really getting to know their heart and what makes them tick. We call them quality questions.   And I think people are willing to open up when they feel safe, when they feel seen, and when they feel known. And so, I love to just kind of dive in deep. In fact, my husband and I will joke if we're out on a double date or something. I'll just say, "Listen, I'm bad at small talk. So, can we talk about fill in the blank?" And so, I think that's one of my savvy sauces. It might annoy some people, I guess. But I think it's really fun to watch someone talk about something they're passionate about. And just get to know them better.   Laura Dugger: (45:13 - 45:52) Amen to that. I love that so much. I do not think it's obnoxious or annoying or anything. I actually very much appreciate when we first met through Justin and Jenny Moss. And Justin's been a repeat guest, so I'll link to his episodes as well. But we met at their daughter's wedding. And I was instantly drawn to you. And it was near the end of the night, so we didn't get to spend as much time together as I hoped. But you have that magnetic personality. And I love even the gifts of your decisiveness. And the way that you're able to articulate all of your wisdom and share it with us. It was such a blessing. So, thank you for being my guest today.   Katie Reid: (45:53 - 46:04) Laura, thank you so much. And I love what you're doing with The Savvy Sauce podcast. And you are just shining and in your element. And it's so evident. And I just appreciate you.     Laura Dugger: (46:04 – 49:49) Thank you, Katie. One more thing before you go, have you heard the term gospel before? It simply means good news. And I want to share the best news with you, but it starts with the bad news.   Every single one of us were born sinners, but Christ desires to rescue us from our sin, which is something we cannot do for ourselves. This means there's absolutely no chance we can make it to heaven on our own. So, for you and for me, it means we deserve death, and we can never pay back the sacrifice we owe to be saved.   We need a savior, but God loved us so much. He made a way for his only son to willingly die in our place as the perfect substitute. This gives us hope of life forever in right relationship with him.   That is good news. Jesus lived the perfect life. We could never live and died in our place for our sin.   This was God's plan to make a way to reconcile with us so that God can look at us and see Jesus. We can be covered and justified through the work Jesus finished. If we choose to receive what he has done for us, Romans 10:9 says, “that if you confess with your mouth, Jesus is Lord and believe in your heart that God raised him from the dead, you will be saved.”   So, you pray with me now. Heavenly father, thank you for sending Jesus to take our place. I pray someone today right now is touched and chooses to turn their life over to you.   Will you clearly guide them and help them take their next step in faith to declare you as Lord of their life? We trust you to work and change lives now for eternity. In Jesus name we pray.   Amen. If you prayed that prayer, you are declaring him for me. So, me for him, you get the opportunity to live your life for him.   And at this podcast, we're called The Savvy Sauce for a reason. We want to give you practical tools to implement the knowledge you have learned. So, you're ready to get started.   First, tell someone, say it out loud, get a Bible. The first day I made this decision, my parents took me to Barnes and Noble and let me choose my own Bible. I selected the Quest NIV Bible and I love it.   You can start by reading the book of John. Also get connected locally, which just means tell someone who's a part of a church in your community that you made a decision to follow Christ. I'm assuming they will be thrilled to talk with you about further steps such as going to church and getting connected to other believers to encourage you.   We want to celebrate with you too. So, feel free to leave a comment for us here. If you did make a decision to follow Christ, we also have show notes included where you can read scripture that describes this process.   And finally, be encouraged. Luke 15:10 says, “in the same way, I tell you, there is rejoicing in the presence of the angels of God over one sinner who repents.” The heavens are praising with you for your decision today.   And if you've already received this good news, I pray you have someone to share it with. You are loved and I look forward to meeting you here next time.

Hemant Taneja believes you can sneeze and reach a billion dollars in healthcare revenue, but that most of that revenue tells you nothing about whether the system is actually getting better.This week, Halle sits down with the CEO of General Catalyst and author of The Transformation Principles to discuss what happens when you stop treating revenue as the primary KPI and start asking harder questions about impact, incentives, and system change. They get into his “health assurance” thesis, what it means for a VC firm to buy a hospital, why “profit-only” capitalism has run its course, and how AI and new payment models could finally bend the cost curve instead of just inflating it.We cover:

Whether we like it or not, global warming is happening. The global temperature has already gone up, and it's going to go up more, because the atmosphere is already full of carbon dioxide and other greenhouse gases, and we're continuing to add to that stock. Quite how much it will increase by is a very important question for all of us. Until relatively recently, during much of the 2010s and into the 2020s, many scientists claimed that if we kept on going down the path we were on, if we just kept on with business as usual, then by the end of the century global temperatures would increase by almost five degrees centigrade. This projection was based on something called RCP 8.5, a statistical scenario used by scientists to model the future of the climate. You can still find scientific papers published in 2025 that make the same claim. However, there's a good case that RCP 8.5 should never have been used as the business-as-usual scenario. And in hindsight it doesn't look like an accurate vision of the future at all. So what's going on? Dr Zeke Hausfather, a climate scientist and the climate research lead at Stripe, explains the argument. Presenter: Tim Harford Series producer: Tom Colls Sound mix: Donald MacDonald Editor: Richard Vadon

Jeff Park is the Partner & Chief Investment Officer at ProCap Financial. In this conversation, we break down the Fed's year-end shift toward rate cuts and easier liquidity, what it means for markets, and why bitcoin sentiment feels so negative despite strong performance. Jeff also digs into how AI investment is reshaping the macro landscape, what institutional players like BlackRock and Stripe signal for crypto, and why ProCap's mission centers on bitcoin and the coming age of abundance.======================As markets shift, headlines break, and interest rates swing, one thing stays true — opportunity is everywhere. At Arch Public, we help you do more than just buy and hold. Yes, our dynamic accumulation algorithms are built for long-term investors… but where we really shine? Our arbitrage algos — designed to farm volatility and turbocharge your core positions. The best part of Arch Public's products is they are free! Yes, you heard that right, try Arch Public for free! Take advantage of wild moves in assets like $SOL, $SUI, and $DOGE, and use them to stack more Bitcoin — completely hands-free. Arch Public is already a preferred partner with Coinbase, Kraken, Gemini, and Robinhood, and our team is here to help you build smarter in any market. Visit Arch Public today, at https://www.archpublic.com, your portfolio will thank you.======================This podcast is sponsored by Abra.com. Abra is the secure way to access crypto and crypto based yield and loan products through a separately managed account structure.Learn more at http://www.abra.com.======================Timestamps: 0:00 – Intro1:46 – Implications of fed rate cuts + QE returning7:00 – AI investment vs rest of the economy12:48 – Bitcoin sentiment despite strong performance16:01 – Intersection between bitcoin and AI23:22 – ProCap Financial goes public ($BRR)

The crypto sector has celebrated a lot of policy wins in 2025, but price wise, it has arguably been a year to forget. In this episode of Unchained, Bitwise Head of Research Ryan Rasmussen and Arca Portfolio Manager David Nage join host Laura Shin to discuss the disappointing crypto markets and why their outlook on 2026 is more positive. They also explained why Vanguard's crypto pivot is a huge deal, questioned whether Bitcoin could ever be unseated by privacy coins, and discussed why they don't see the bubble in the DAT market hurting crypto. Need liquidity without selling your crypto? Take out a Figure Crypto-Backed Loan, allowing you to borrow against your BTC, ETH, or SOL with 12-month terms and no prepayment penalties. They have the lowest rates in the industry at 8.91%, allowing you to access instant cash or buy more Bitcoin without triggering a tax event.  Thank you to our sponsor, Figure! Unlock your crypto's potential today at Figure!  Guests: Ryan Rasmussen, Head of Research at Bitwise David Nage, Portfolio Manager at Arca Previous appearance on Unchained: The LayerZero-Wormhole Contest Shows How to Value a Crypto Business Links: Unchained: Bitcoin Resets Above $90,000, but Can Bulls Keep the Momentum? Bits + Bips: Vanguard's Crypto U-Turn, Tether/MSTR FUD & Picking Future Winners Bits + Bips: Why the Markets Now Have a Bullish Setup Franklin Templeton Rolls Out First Tokenized Fund in Hong Kong Why Every Company Will Have a Stablecoin — and Why One L2 Isn't Enough Grayscale Files to List Zcash ETF What Ethereum Will Look Like When It Implements Its New Privacy Focus Other relevant links: Bank of America Broadens Access to Crypto Funds SEC's Paul Atkins touts 'tokenization' as key to modernizing US markets Larry Fink and Rob Goldstein on how tokenization could transform finance My Highest-Conviction Bet in Crypto Stablecoin payments on Stripe cost 1.5% of the transaction amount. Credit card fees are as high as 3.5%. Less than half of the cost! Bitcoin's “Facebook Moment”  Timestamps: