Reletter
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Decision briefs for leaders turning AI, technology, and market shifts into concrete management moves.

Platform
Substack
PricingFreemiumPublishesWeekly
Issues93Founded4 years agoLast Issue10 days ago
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Latest Issues

Intelligence Is Abundant. Context Is Scarce.

Dear Investors and Founders,

For more than 20 years, before becoming investors, we built software companies and implemented technology inside real businesses. We learned that innovation may arrive overnight; adoption does not. Enterprises...

10 days ago
109

The State-Dependency Trap

Look at the safest jobs in your country. Then look at the fastest-growing budgets. Look at who takes the risk—and who writes the rules.

The modern state was built to replace arbitrary power with law. It protects property, enforces contract...

17 days ago
83

The Bold Bet That AI Can Become the Investment Firm

AI has learned to write, code, search and operate software. These systems work inside defined tasks, with tests, supervision and mistakes that can usually be reversed.

The next step is different: decision-making under uncertainty. Systems...

24 days ago
97
1

China’s Next Move in AI

Most readers will see three separate headlines today.

  1. Chinese start-up Moonshot released Kimi K3.

  2. Twenty-nine countries founded a new international AI organisation.

  3. And Xi Jinping used the World Artificial Intelligence C...

a month ago
107
2

What Capitalism Actually Freed

New York was my first trigger.

I was there when Zohran Mamdani’s rise became more than local politics. He won. Whether we like his programme or not, that matters. Democracy is not only respecting elections when our side wins. He is young,...

a month ago
64
4

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#62

Authors

The writers behind this newsletter.

  • StudioAlpha

    We are StudioAlpha, tech founders turned VC. We work with ambitious builders at day zero to scale to global markets.

  • Fabian Hediger

    Co-founder of Studio Alpha, investing in AI-native startups and writing about the people, ideas & markets shaping this new wave. Founder & investor on a mission to back builders. Ex-pro triathlete - training daily for balance and fun.

  • Andy

    Andy holds a PhD degree in business administration from the University of St. Gallen. He is co-founder of the several software companies. He is professor of entrepreneurship and innovation.

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