More

Investment MemosInvestment Memos
📶 Deal Flow Report: HumanLayer Investment Memo

📶 Deal Flow Report: HumanLayer Investment Memo

Why we're bullish on the company building human-in-the-loop agents

Topic Deep DivesTopic Deep Dives
📶 narrative capital (converting attention to equity)

📶 narrative capital (converting attention to equity)

~2,500 words on what I think is the biggest thing going on in venture

Topic Deep DivesTopic Deep Dives
📶 the 21 biggest trends affecting venture

📶 the 21 biggest trends affecting venture

21 of the biggest stories we have broken down over the past few years that give a glimpse into the future

Topic Deep DivesTopic Deep Dives
📶 will we see more or less venture money in five years?

📶 will we see more or less venture money in five years?

Venture in 2030, Ramp data on businesses dropping their ad spend, JetBlue calls it quits on their CVC, and the downside of secondaries

Topic Deep DivesTopic Deep Dives
📶 the future of private market roles

📶 the future of private market roles

Are venture jobs losing their appeal, data is the new oil = fracking humans for their thoughts, and looking for a tech job has never been more confusing

Topic Deep DivesTopic Deep Dives
📶 you should really qualify your LPs

📶 you should really qualify your LPs

Thoughts on qualifying your LPs, Jeff Bezos on asymmetric opportunities, the agentic revolution, and Harvard loses tax-exempt status

Topic Deep DivesTopic Deep Dives
📶 thoughts on "negative" signals

📶 thoughts on "negative" signals

Negative signaling risk, partner attribution shifting fund-over-fund, Sarah Tavel is leaving Benchmark, and SPACs are back?

NewsNews
📶 how much is a seed?(!)

📶 how much is a seed?(!)

Seed rounds are more expensive than they’ve ever been, craft is the antidote to slop, the OpenAI mafia, and lessons from Roelof Brotha

Topic Deep DivesTopic Deep Dives
📶 how IA invests

📶 how IA invests

How one of the top seed funds operates, some thoughts around investing in small funds, how Insight trains its new investors, and venture dollars are consolidating back to SF

Topic Deep DivesTopic Deep Dives
📶 "how fast you win" vs. "how much you win"

📶 "how fast you win" vs. "how much you win"

Extended fund timelines, how VCs come up with their theses, and Intel reverses course

Topic Deep DivesTopic Deep Dives
📶 secondaries 🤝 seed funds

📶 secondaries 🤝 seed funds

VCs becoming traders, the cost of liquidity, a Sequoia spinout raises $150m in a month, and how to innovate when nothing is defensible

Topic Deep DivesTopic Deep Dives
📶 narrative violations

📶 narrative violations

Searching for alpha through narrative violations, another way to view “capital markets”, how to manage headcount, and where VC is heading

FirstBack
12345678
Next Last