







Why we invested in Tangible

The Future of Money: How the Digital Revolution Is Tran…
A cutting-edge look at how accelerating financial chang…

This is how we build the future: Teaching Regenerative Economics at all levels with Jennifer Brandsberg-Engelmann
How do we let go of the sense of scarcity, separation and powerlessness that defines the ways we live, care and do business together? How can we best equip our young people for the world that is coming - which is so, so different from the future we grew up believing was possible?

Money for mutual resilience: Introducing Blacksky Cash
Mutual aid has always been about more than money. But money, shared intentionally, can be a powerful expression of solidarity. This is us building toward that future.

Supporting ambitious external research through the Anthropic Economic Futures Research Fund
We’re committing $200 million to the Anthropic Economic Futures Research Fund to support ambitious external research.

Perpetual futures, explained
Capital efficiency for pros, leverage for bettors, rich yields for market makers, and a dangerous failure mode.

Rethinking AI for Science Funding
As science stands at an inflection point, how do we organize capital to shape the future of discovery?

The Race to Allocate One Trillion Dollars in Philanthropic Capital
Frontier Lab IPOs are coming, and philanthropy isn’t ready

Five ways to build a $100 million business
Some time ago my friend (and co-investor in Clio , Jobber and Unbounce ) Boris Wertz wrote a great blog post about "the only 2 ways to bui...

Circular Economy
The circular economy prioritises the reuse of materials, preventing the over extraction of natural resources and usable materials that end up in landfill.

What is the best way to fund your startup?
47 votes, 44 comments. If you’re married or have kids starting a business can be a lot harder. You have more to lose and more people depending on…
Economics for the future – Beyond the superorganism
Our environment and economy are at a crossroads. This paper attempts a cohesive narrative on how human evolved behavior, money, energy, economy and th…
Perspectives on mental accounting: An exploration of budgeting and investing
This article provides an overview of recent advances in the literature on mental accounting within the context of consumer financial decision‐making. We first discuss the categorization process that underlies mental accounting and the methods people use to categorize funds. We then highlight some of the notable work that examines how mental accounting influences budgeting, spending, and investment decisions. The article concludes by proposing an agenda for future research, focusing on current gaps in our knowledge and promising areas to explore.

There are two questions you need to answer when building something new: who is this for, and where is the money going to come from? Some longer thoughts on my exchange with @mosh.bsky.social about the ATproto ecosystem, and its needing a business focus. numergent.com/2026-08/Project-Product-Start…
Project vs. Product, Startup vs. Business
numergent.com