Hanover Park has crossed $40 billion in assets! Thank you to the clients who partner with us to push the frontier of AI and finance. Our only goal: make every client a "raving fan". And we're just getting started. $40B is less than 0.03% of the $147 trillion assets globally.

never join a startup if the founder isn't slightly delusional

Customer obsession is measured by actions not words. So when @mvernal at @conviction pinged me with a feature request, we moved quickly. 49 minutes later... it's live 🚀

In the summer of 2023, my friend @benspector, who co-founded Anysphere (aka Cursor), reached out to one top venture funds in Silicon Valley, suggesting we meet. They turned down the intro, saying it wasn’t a category they were interested in. Ben insisted that he thought our team was special and that they had to meet us, but the partner still wouldn’t even take a meeting. I drove over to their office on Sandhill Road and left a note at the front desk saying: “I think you couldn’t be more wrong. This is the largest opportunity of the 21st century.” They ignored my note, and I never heard back. My cofounders were still enrolled and left torn as to whether they should drop out with no funding. We ended up taking the leap of faith and building the fastest-growing company in history. It was a valuable lesson in persistence and why not to listen to investors. The best startups are deeply contrarian.

@chrishlad 's linkedin and twitter is also some of the best (@hanoverpark) insane positivity - i read each post of his and leave it feeling pumped for action.

“The lifestyle of  an entrepreneur  at its core is:  I can take more pain than the other guy, and I'll prove it.” “ There's a zen that can happen when a warrior has fought for a long time. You can get used to it.” “ You almost start accepting it. Like, something bad happens and you don't even get mad.” “ There are benefits.  But you need to make sure you don't get so used to it that it doesn't even bother you. You can get so zen, you're unbothered.” “ There's something special about the extra fierceness of being bothered, being upset about something that is wrong.” — @travisk

Code is a massive AI market because it’s verifiable. The next biggest verifiable market? Accounting.

We just made history at Hanover Park. @saranormous' @conviction migrated over $1 billion in 7 days. Typically, migrating years of data across a material amount of investments and limited partners takes months. We built a different process. Our AI agents ingest historical data, map investments and entities across source files and cross-check the results. Our accountants review the output and resolve exceptions. Here's how Conviction's Head of Finance described it: “Hanover Park migrated our entire firm in under seven days - faster than we thought possible - providing far better and faster visibility into our financial data than before. We want Conviction to be on the frontier of AI, and this was one of those “wow” moments.” The future of finance starts by making your data legible to AI.