The Diff
Inflections in finance and technology.
About
The Diff, written by Byrne Hobart, covers inflections in finance and technology: the moments where an industry's underlying economics shift enough to change who wins. Hobart's background in markets and tech investing shows up in the writing, which leans analytical and often technical, drawing on financial history to explain present-day company and market behavior.
Editions might dig into a company's capital structure, a shift in how an industry is regulated, or a historical parallel to a current tech trend. It's dense, opinionated, and aimed at readers already comfortable with financial and business concepts rather than a general audience.
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