Upstream of Kalshi/Polymarket | I call outcomes before markets price them | Strategy/Mgmt PhD, Columbia B School | @emjcapital | @EMJXai $SRXH | @EventHorizonIQ
Yesterday I spent an hour with Opendoor CEO Kaz Nejatian and President Lucas Matheson at their Toronto office.
We discussed AI, tokenization, new partnerships, capital markets, ancillary services, why they’re hiring aggressively, and how a company trying to reinvent homeownership has to think much bigger than a traditional real estate business.
More bullish than when I walked in.
Full subscriber breakdown later today.
Drake broke Michael Jackson's all-time chart record last week on a diss track titled "Janice STFU."
The bar that matters isn't about Kendrick. It's about
labels:
"There's a difference between getting out of your deal and being let out of your deal."
Full breakdown ↓
You Don't Get Out, You Get Let Out.
https://t.co/zgSAQwRvN8
.@JulianJacksonJJ got hooked up today, thanks to Giuseppe with this @liltecca kit for him and @colejackson. Julian loves them. Special thanks to G and Tecca for thinking of the boys. 🙏🏻🙌🏻
Got to spend time today with the new Opendoor OGs - @nejatian and @lucmatheson - at the new Toronto offices. I will write more later but, OPEN Aarmy, your investment is in GOOD HANDS 🙌🏻
3 of the world's largest private credit vehicles gated
redemptions this week.
BCRED ($79B). Cliffwater ($33B). Partners Group ($8.6B). $120.6B in 7 days.
Bloomberg Intelligence — defending the BCRED gate — called it "prudent fiscal management."
Their own primer built the bear case ↓
Pebbles III. https://t.co/H79fhH9Des
When was the last time Roc Nation broke a new music star?
Not signed an existing one.
Not managed a star's brand portfolio.
Actually broke a new one.
J. Cole. 2009.
After that, the list gets thin.
Here's the business story behind it — and it's not just Roc Nation.
Same method, every day.
Show up.
Put in the work.
It compounds.
Make that investment in yourself.
Day 288.
Three governments. Three countries. Three investigations into the music business in the last 12 months. Almost no one has named the company at the center of all three. I'm going to. Universal Music Group. And the man who runs it. Here's why it matters 👇