The Big Story
The Lottery With a Leaderboard: Inside the Memecoin Generation
Onchain trading became a youth culture before it became a business. The numbers on who wins are kinder than a year ago, and stranger than the timeline admits.
The Big Story
The Teenage App Boom, and the Arithmetic Underneath It
AI let high schoolers ship App Store hits from their bedrooms. The subscription maths, the platform tax and the churn curve decide who keeps them.
Markets
The Trader Who Became a Celebrity, and Then a Suspect, in Two Days
Kimchi was said to have made $40 million on a presidential memecoin. The blockchain shows about $6 million, and his own token lasted an afternoon.
The Big Story
The Audience Is the Ad Budget, Until It Isn't
Creators found that a built-in audience is the cheapest way onto a shelf. The wreckage of Prime and the books of Feastables show what it cannot buy.
Builders
The Calorie Counter Built in a Hacker House
Zach Yadegari co-founded Cal AI at 17. The app is mostly someone else's models and a lot of TikTok, and it sold to MyFitnessPal anyway.
The Latest
Markets
The Dollar That Pays You to Be Short
Guy Young built Ethena's USDe into one of crypto's largest synthetic dollars in two years. The October 2025 crash showed what it costs to hold one.
Creators
Prime Was Worth Reselling at $1,500 a Can. Then the Buzz Went.
KSI and Logan Paul built a drink that reportedly outsold Gatorade at Walmart, then watched UK sales halve. Prime is the creator-brand boom and bust in one can.
Annals of Ambition
The Dropout Premium, Revisited
Fifteen years after Peter Thiel began paying teenagers to leave school, the data separate what dropping out buys from what selection already knew.
Annals of Education
The Degree Still Pays. The First Job Is the Problem.
The average college premium is intact and large. The case against the degree is about cost, spread and an entry-level job that is getting harder to find.
Builders
The Engineer LinkedIn Would Not Let In
Kairan Quazi finished college at 14, joined SpaceX that summer, and at 16 moved to Citadel Securities. His case says less about dropping out than about what employers will look past.
Creators
Charli D'Amelio Rented Out Her Audience. Then She Tried to Own One.
Dunkin', Morphe and Hollister paid for access to 88 million followers. What the numbers proved, and what a brand of her own is meant to fix.
Dropouts
The Break That Never Ended
Palmer Luckey left Cal State Long Beach for a headset and a Kickstarter. Years later he is careful about who should follow.
Annals of Markets
The Contract Is Open to Eighteen-Year-Olds. The Casino Is Not.
Prediction markets built by founders barely past thirty are now fought over in appeals courts, and the argument turns on how old you must be to bet on a game.
Features
The Big Story
The Audience Is the Ad Budget, Until It Isn't
Annals of Ambition
The Dropout Premium, Revisited
Markets
Founders
