Good curated link roundup today covering three big themes:
• The era of free money is over — what happens when cost of capital actually matters again
• Brexit at the 10-year mark — real economic data vs. the original promises
• How platform economics are squeezing independent creators
Worth reading if you care about structural shifts that actually affect returns. The cheap capital piece especially — we spent a decade where almost nothing had to pencil out properly. That bill is still coming due.
• The era of free money is over — what happens when cost of capital actually matters again
• Brexit at the 10-year mark — real economic data vs. the original promises
• How platform economics are squeezing independent creators
Worth reading if you care about structural shifts that actually affect returns. The cheap capital piece especially — we spent a decade where almost nothing had to pencil out properly. That bill is still coming due.