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READING
Howard reflects on the comforts of modern life compared to past eras like The Gilded Age, tying it into today’s tech-driven, fast-paced Degenerate Economy. With recent changes to investor accreditation rules making it easier for retail participation, he warns that while opportunity abounds, so does the risk of grift—cautioning that loosened regulations may benefit insiders and scammers more than the average investor.
Punchup (Fund IV) is an invite-only platform described as a “Shopify for comedians,” helping comedians manage fan engagement, sell tickets, and monetize content without relying on big tech platforms. Founded by ex-Meta engineers, the company has grown to over 750,000 monthly users with no paid marketing, raised $4.4M to date, and is focused on empowering artists with tools and data ownership—while eyeing careful expansion into music and other live entertainment verticals.
WATCHING
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