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John Alberg

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@JohnAlberg

Co-founder of Euclidean Technologies, an investment firm that applies machine learning to value investing. Machine learning, investing & software development.
Seattle, WA euclidean.com Joined May 2014
397 Following 1K Followers 540 Posts

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John Alberg Verified account @JohnAlberg
It's been an incredible journey from first working with Lakshay Chauhan nearly a decade ago, when we were pioneering the application of machine learning to investment management, to watching his vision, grit, and determination turn Finpilot into what it is today.

But there is much work to do! Finpilot is hiring and this is an amazing opportunity to be a part of an AI native team that is providing real value to sophisticated, brand-name asset allocators. Lakshay has also assembled an exceptional team that would be highly rewarding to work with.
Lakshay Chauhan Verified account @lakshay2001 Nov 4
Today we're announcing our $10M Series A, led by Lobby Capital with participation from @MadronaVentures .

Finpilot is the AI-native operating system for institutional capital.

Universities, public pensions, foundations and hospital systems invest billions for the long term, often with lean teams, and that money pays for medical research, health care and people's retirements. Their teams should be spending their time on investment decisions. Instead, much of it goes to chasing information across systems that were never built to work together.

With Finpilot, everything an institution knows lives in one place, and AI agents do that work, so the team can spend its time on decisions. It's a shared brain for the institution that learns from everyone on the team and keeps getting better in the background. When something needs a person's judgment, the agents bring it to them, and everything they do is fully auditable.

Institutions including Seattle Children's, Children's Health of Dallas, Hackensack Meridian Health, TIFF, Laird Norton Wetherby, Blue Cross Blue Shield and the Wyoming Retirement System use Finpilot today. Thank you for building this with us.

Thank you to @ecarlborg and Lobby for leading this round, to Sabrina Albert (Wu) and Madrona for backing us from the start, to @JohnAlberg , and to our team, who built all of this.

Come join us. Institutions are choosing the software they'll rely on for years, and what we build now will shape how some of the country's most respected investment offices work. We're hiring across product, engineering, marketing, client success, sales and business development.

Read the full announcement: finpilot.ai/blog/finpilot-…

GeekWire's coverage: geekwire.com/2026/finpilot-…

Open Roles: finpilot.ai/careers
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John Alberg Verified account @JohnAlberg
Our #finpilot tool gives, I think, a better answer based on facts and numbers with links to sources.
beta.finpilotai.com/chat/share?sha…
Bill Gurley Verified account @bgurley Feb 22, 2024
I couldn't bait @mjmauboussin into an answer, so I will take a try myself. All thing being equal, pushing out depreciation schedules is negative, not positive. This answer says it "lowers" cost. Cash cost remains the same. It's just a non-cash accounting change. Why negative then? It lowers earnings quality. If FCF > net income, that's better for earnings quality. Pushing out depreciation increases net income with no increaase in cash flow. Hence, FCF relative to net income drops. As such, earnings quality drops. This is regardless of whatever the "appropriate" schedule should be.
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