As money gets faster, and especially in the kind of loose monetary environment we’re in now, the analyst is increasingly left in the dust. In his place, decisions both by investors and allocators (VCs) will increasingly be based on what you might call “money vibes.” The power of memes and social media discourse in driving investment on Robinhood or in crypto has been widely observed, but they’ve been largely treated as oddities or punchlines, even in the financial press. The truth is, they’re just getting started, and they’re going to define the way things work in the high-speed future of crypto-enabled capital agglomeration.
