[Music] Welcome to the brainstorm episode 91. Today we're talking stable coins. We've got Lorenzo and Ray Hottie.Ray, new new to ARC. First time on the brainstorm. Let's just do quick quick intro before we dive in.Yeah. So, I joined the ARC team as a digital asset research associate about almost two months ago. So, background mainly in the crypto space.couple years of that in school and out of school, but you know, really excited to be here, part of the team. Awesome. And so, stable coins in the mind, I fee ...

Well, that big beautiful bill is causing a bit of a ruckus out there, as I'm sure you all know, with President Trump and Elon Musk uh having having different points of views. I think the way this is evolving is Elon, Tesla, and investors understand, are beginning to understand more and more just how much the government has control here. SpaceX has $22 billion in contracts, government contracts.Regulation will impact the transportation sector. We are hoping that the regulation for autonomous taxi platforms t ...

In this episode of FYI – For Your Innovation, ARK's Director of Research Brett Winton sits down with Brad Feld — co-founder of Foundry, Techstars, and longtime venture capitalist — to unpack his latest thinking on startup communities, mentorship, and how founders can build better networks by giving first. After taking time away from public life to reflect, Brad returns with a new book, Give First: The Power of Mentorship, and a sharpened view on the distinction between transactional ecosystems and community ...

Hi everyone, my name is Lorenzo Valente. I'm the head of research uh of digital assets at Arc Invest. We have just published our latest blog on stable coins.uh with the circle IPO this week uh and the supply almost hitting 250 billion, we've published uh this research blog where we go over uh dollar dominance overseas uh why we think you know both tether circle and the broader digital uh the stable coin complex are going to be one of the biggest allies of the US government going forward. And we also talk ab ...

[Music] Greetings everyone. It is uh in the know day as well employment Friday uh and uh we have a lot to discuss as usual we'll we'll go through fiscal policy monetary policy economic indicators market indicators and uh we'll talk a little bit about uh some real breakthroughs in terms of uh the market recognizing how much innovation is taking place. Um so uh starting w with fiscal policy and I'll I'll go through and and just uh make a few observations before we flip to charts.So um on fiscal policy, well t ...

[Music] Welcome to the brainstorm episode 90 today in person. Great to see you guys. We're going through and speedrunning the Mary Maker AI trends report.340 slides in 20 15 minutes. We'll see if we can do it. Uh pull up your Subway Surfer next to this because this is going to be uh fastpaced here.Biggest takeaway maybe we just start there. The whole 340 slides to me is this is happening fast, very fast. Any Yeah. Any other takeway.And we kind of already knew that. So So is that the only trend. Are we done. ...

innovationbased strategies are at near record low valuations. Uh when I say record low, this is the history uh this is the history of ARCs life. But innovation based strategies broadly are selling at a very low premium uh to the S&P 500 as measured by uh enterprise value to adjusted EBITA.We worked with S&P 500 to adjust for stockbased compensation and R&D both the S&P and the various innovation strategies and you can see very very modest valuation premium the average over the life or at least ARK's life on ...

But one point I would like to make is that all of these findings on brain algorithms are also going to enable next generation AI because AI right now as much as it is exciting has very severe limitations which is that it uses unbelievable amount of energy for tasks that are relatively easy for human beings. And so us as human beings the human brain is designed to have very good energy efficiency. I believe after like learning a lot about how the brain algorithm works, the brain's main design principle is en ...

Welcome to the Brainstorm episode 87. Nick, we're talking Apple losing its dominance. Is that is that what's happening.Is this finally the moment. Maybe. What happened.Well, one, we should we should say up front that we are a little bit late to this story. Um, but um here we are. This is the story's just starting. This is just we're two weeks late to the actual ruling.Um, but we'll we'll get right into it here. So, April 30th, um, there was an updated ruling to the Apple and Epic lawsuit. Um, where Epic a f ...

This is a very important slide. Um it illustrates the laugher curve. Uh when you cut taxes, if tax rates are too high, uh then you the revenue actually will increase.Why is that. Uh because companies and individuals stop using tax shelters and uh and stop trying to avoid taxes. So here you can see the history of the corporate tax rate and that is the black line there and you can see over time uh what has happened.This goes back to uh the early 1900s when uh we first put in place various income tax rates. Uh ...