E12: How Silicon Valley Became Financially Literate

On this week's episode of The Riff, Erik and Byrne discuss factor netural hedge funds, the trend of Silicon Valley becoming more financially literate, the opportunity cost of features, and more.

The Riff is sponsored by Shopify: https://shopify.com/momentofzen for a $1/month trial period.

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The Riff is a part of the Turpentine podcast network. Learn more: https://turpentine.co

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We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.

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Thanks to our sponsor: SHOPIFY

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LINKS:

Byrne's writing: https://thediff.co

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X / TWITTER:

@eriktorenberg (Erik)

@byrnehobart (Byrne)

@turpentinemedia (Turpentine)

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TIMESTAMPS

(00:00) Introduction to the Riff

(00:43) Increasing overlap between tech and finance

(08:25) Factor neutral hedge funds

(18:00) Sponsor | Shopify

(19:30) VC is a compensation scheme masquerading as an asset class

(33:30) Understanding generalists

(40:07) The opportunity cost of features

(45:30) Why grocery stores are like tech companies

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The Riff is a production from Turpentine

Producer: Sam Kaufman

Editor: Michelle Poreh

For guest or sponsorship inquiries please contact Sam@turpentine.co