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1 week agoFinancial risk management platform Pillar raises $20M seed in round led by a16z | TechCrunch
Pillar raised $20 million to automate hedging for commodity-driven businesses using AI to manage financial risk.
Before you read any of this, use this article for entertainment purposes because it discusses risky gambling in a hedge against buying tickets to see your Washington Nationals. This idea came from Twitter/X's, Crabcakes&Football, an account that frequently gets salty about the Nats. And that account certainly isn't alone in the growing pessimism. A discussion with constant curmudgeon, @dclandofnerds, led to an X.com discussion (see below) that led to this article.
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