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    Hi hacker news, We’re a former PM and software engineer from Robinhood who decide to start an investment bank for startups. In 2023, we had just shut down our previous YC-backed startup Psychic (https://news.ycombinator.com/item?id=36032081). We were one of many startups building generative AI infrastructure long before it had become apparent what the applications were going to be, and it turns out the bet we made was wrong. This might sound familiar to anyone who’s been through the web3 hype cycle, but it was a big learning for us. Around the same time, we noticed a lot of…

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