Business

Tech and crypto funder Andreessen Horowitz wants to replace the media. That might be bad news for investors.

If you have even a passing familiarity with Silicon Valley or cryptocurrency, you’ve likely heard of Andreessen Horowitz, one of tech’s highest-profile venture capital firms. The firm, which tech insiders call a16z, is famous in part because of its investments—Facebook, Coinbase and other familiar names—but also because of its mastery at charming (and manipulating) the […]

Business

Tech and crypto funder Andreessen Horowitz wants to replace the media. Is that bad news?

If you have even a passing familiarity with Silicon Valley or cryptocurrency, you’ve likely heard of Andreessen Horowitz, one of tech’s highest-profile venture capital firms. The firm, which tech insiders call a16z, is famous in part because of its investments—Facebook, Coinbase and other familiar names—but also because of its mastery at charming (and manipulating) the […]

Business

Plaid without Visa? It might be a blessing in disguise

This is the web version of The Ledger, Fortune’s weekly newsletter covering financial technology and cryptocurrency. Sign up here to get it free in your inbox. Two hours after officially cancelling his $5.3 billion deal with Visa, Zach Perret doesn’t sound like a guy who just walked away from a lifechanging transaction (and accompanying amount […]

Business

Trump and Mnuchin’s parting sneak attack on financial privacy

Good morning, and welcome back! That’s assuming, of course, that you’re among those lucky enough to have had an actual winter break, a moment of rest as we left behind the most trying year in living memory. That wasn’t the case for many of our readers, however, thanks to an 11th-hour regulatory push by the […]

Business

$20,000 Bitcoin caps Grayscale’s Amazing year

Here is the internet edition of The Ledger,” Fortune’s weekly newsletter covering fiscal engineering and cryptocurrency. Subscribe here to receive it free on your inbox. Fantastic morning, Ledger readers. Now, Bitcoin finally spanned —nay, crushed –that the emotional markers of 20,000, and is currently trading about $20,600. It is a remarkable landmark for a money […]

Business

Money must flow like water… but if water be similar to cash?

This week marks some suspicious milestone for the fund sector: Monday was the first day of investing in NQH20a futures contract for the water. Based on CNN, this will be the initial futures contract for water {} . The offering has clear advantages, such as giving farmers greater cost transparency into a vital resource. And […]

Business

Black Catholics push Biden Government to Procure leadership roles for Both minorities

Black monetary executives are pushing against advanced Democrats’ need that President-elect Joe Biden’s government exclude anybody with corporate connections. They assert that shutting finance-industry executives could disqualify experienced minority applicants in the leading work in the new administration. The effort is focused on senior White House employees articles, in Addition to the heads of bureaus […]

Business

The Way the Fund Business can Battle racism

“that I ’m definitely going to inform them ’s an African American guy threatening my entire life. ” — Amy Cooper  “I am a tenant of this construction; are you really?” — Tom Austin After being known openly, Cooper lost her occupation, and Austin dropped his office rental.  Why point these episodes rather than the […]