Today, we're introducing Rogo Notes, the AI notetaker purpose-built for finance. Conversations are among the most valuable sources of firm knowledge, yet capturing and preserving meeting insight has long depended on manual note-taking and individual recollection. With Rogo Notes, agents handle meeting prep and follow-ups, teams collaborate from shared context, and every conversation deepens your firm’s understanding of the people, companies, and projects it works with. Rogo Notes was built to meet the regulatory standards of financial institutions, so firms never miss a valuable meeting insight again.

Why bankers make great sales reps “Bankers are programmed to work. The concept of a nine-to-five is completely foreign to these folks. They have intelligence, business acumen, and a lot of horsepower that is not always found when hiring for sales talent. Being able to call a CFO cold and say, ‘I just quit my job at Goldman TMT to join this credit card business,’ packed a very compelling punch for us.” @max11free Love to hear your thoughts @austinh___ @max11free @CharleyMa @morganjingram

My conversation with Gabe Stengel (@GabeStengel), founder and CEO of Rogo. For years, Gabe and I have talked about how much of an investor's job AI will eventually do and how he is building Rogo toward that future. Today, Rogo helps some of the world's largest financial institutions research companies, run diligence and execute M&A. But Gabe's ambition is much bigger. He is building toward investing superintelligence, where Rogo does much of the work inside investment banks and firms and becomes the venue where they do their deals. It's a fascinating business and has been so fun watching Gabe build it. We discuss: - 10,000 agents searching for one great investment idea - Which investing skills will still matter - Why Anthropic/OpenAI won't win finance - "Chewing glass" - Why the harness around the models matters so much - Getting rejected by 40+ investors - Building an AI native Bloomberg - Becoming a black hole for talent Enjoy! TIMESTAMPS: 0:00 Intro 2:38 Building Rogo 6:12 10,000 AI Agents 12:02 Skills That Still Matter 17:31 Beating OpenAI and Anthropic 28:35 Bloomberg of the AI Era 37:37 Rogo’s Company Brain 44:19 Chewing Glass 53:34 AI-Native Finance 59:21 What Humans Still Do Better

After co-inventing ChatGPT, I kept asking myself: why have superhuman chat models not led to AGI? I’ve spent the last 2 years in stealth building a new way to train models (RLCD), and a new type of frontier AI model that we are releasing today: Jev • 20-200x faster • 40-400x cheaper (w/ output tokens free) • Frontier composable intelligence optimized for decisions AFAICT the shortest path to AI-based economic revolution

Today we're announcing a strategic investment in Rogo from Barclays, BNP Paribas, Citi Ventures, MUFG Innovation Partners, and Societe Generale — joining J.P. Morgan Growth Equity Partners and Truist Ventures among others. That brings Rogo’s strategic investors to nine global banks across New York, London, Paris, and Tokyo, representing nearly $20T in combined assets. Rogo now serves 50,000+ professionals across 350+ firms globally. Grateful to our clients, team, and investors for the conviction, and excited to keep building.

"In the process of resolving the Navier–Stokes problem, the agents sent 2.7 million messages and used approximately 130 billion output tokens." 130B output tokens × $50/M = $6.5M in costs.

Many startup employees do not recognize the sheer litany of ways that a founder can screw you over without you even knowing. Founder trust is one of the most important things to look at when you’re joining a startup. From cutting you out of M&A, screwing your retention pool, overdiluting your equity, firing you before your cliff, not having attractive options exercise plans, poor 409a price management, not telling you about QSBS / early exercise, blocking you from participating in secondary, obscuring company performance and many more. Many many decisions that are made in rooms you are not in as an employee where the only thing that matters is: “does the founder have your back?” Great startups with untrustworthy founders lead to poor outcomes and often good startups with trustworthy founders lead to great outcomes. Pick wisely.

About 90% of what Town can do, you could technically build yourself in Claude with enough time. Out of the box though, if you connect Claude to your email, you get nothing close to Town. It's not even in the same ballpark. It doesn't write in your voice. It'll send an email when it's not supposed to. It doesn't really know how to manage your calendar. Now, could you sit there and write skills, build a bunch of workflows, and get Claude to approximate Town? Yeah. You could. It would take work. Not forever-work, but 3-4 hours to get started, and probably 30m a week just to keep things on-track. And you'd still be missing things like the draft email UI, the text messaging integration, WhatsApp, and how all of it works across your email and calendar. One of our users put this better than me. He tried Town after initially thinking he could recreate most of it himself in Claude: "Could I spend my time recreating most of the functionality myself? Perhaps. Would it be as good? No. Would it get the job done? Maybe." That's basically it. There's stuff we can do that you don't get out of the box with Claude. There's stuff in Claude that we don't do. Their artifacts are more flexible than ours. They just are. But then you get into the UI and the UX and how it's integrated with your phone and WhatsApp and your calendar and email. All those little details make it a very different product. If all you do is code or spreadsheets all day, Claude Code or Cowork is totally fine. If your work is in email and calendar, that's what we built Town for.

By popular demand in my DMs...can try to put together a tech/finance tennis group in NYC Sign up here: tally.so/r/Zjb4vA