Index of Thought
Writing.
Essays on AI, financial markets, and bitcoin.
4 Essays
Newest First
AI · SaaS · Enterprise
Mar 2026
The Vertical SaaS Reckoning
Nearly $1 trillion wiped from software stocks. Three voices from both sides of the disruption explain which moats survive, which don't, and where the value is actually moving.
16 min read
arrow_forward
AI · SaaS · VC
Mar 2026
What Redpoint’s 2026 Market Update Gets Right About AI and SaaS
Hyperscaler capex is hitting $765B. SaaS incumbents face existential replacement risk. AI-native companies run at 3x–12x the revenue efficiency. The transition is funded, real, and accelerating.
14 min read
arrow_forward
Bitcoin · Macro
Mar 2026
Bitcoin's Midterm Year Bear Is Not Over
The most dangerous thing in crypto right now is the idea that $60,000 is the floor. It is not a floor. It is a trapdoor.
12 min read
arrow_forward
AI Infrastructure
Mar 2026
Light is Replacing Copper
Why photonics is displacing copper interconnects — and what it means for the architecture of intelligence at scale.
10 min read
arrow_forward