Yes, Rome was great. But the Republic of Venice is CRIMINALLY underappreciated in America
It lasted 1,100 years and built a moving assembly line centuries before Henry Ford
Spoke to a friend who’s building an AI injury law firm.
He asked me how he can get capital for pre settlement financing “there’s a huge opportunity.”
It’s an asset you can underwrite based on a law firms winnings minus a discount.
Made me realize that companies are going to be underwriting the most unique cases and then they will build a bank on top of it.
Every industry needs credit. Which means every industry will have its own bank.
Law firms will become banks.
Accounting firms will become banks.
Medical practices and hospitals will become banks (Americans #1 reason for consumer bankruptcy is healthcare bills).
We’re entering the area of specialized banks.
And what’s the USP? Credit.
Credit is fintechs last untapped frontier.
So how does a law firm manage its own risk department for all this lending? Or does it embed loans from a legal-vertical lender that’s supposed to specialize in all legal-industry datasets?
"Americanism is the most dangerous shape of boundlessness..."
Sounds like someone is mad that we were about to boundlessly turn his entire country to rubble.
His complaints about the bourgeoisie and Christianity are basically a direct lift from Nietzsche’s The Gay Science. Left to the reader to decide if he actually takes Nietzsche’s conclusions seriously
Urbanist apostasy: seeing the Riviera sprawl has revealed the benefit of Californian highways and subdivisions. If you’re going to have villas, people want to floor it to them, and you shouldn’t get in their way. Sorry
The French love topology and they love to debate. To this I attribute the creation of the “French Taco” - a dish perfectly designed to start a debate about topology
Struck by the image of Cezanne rising every day at 6:00, dedicating the whole day’s energy to painting, and retiring early in the evening. Much to admire in such devotion to a way of seeing!