TLDR Founders · MISCELLANEOUS

RENTED VIRTUE

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Summary from the TLDR Founders newsletter

A Quaker lit a blast furnace in 1709 and accidentally started the Industrial Revolution. The businesses that endure across generations have something at their center that can't be justified in purely secular terms. The AI megacycle will produce more overcapitalized companies seeking an identity than any boom in history. The ones that last will look, to outside eyes, irrational.