Searching for alpha through narrative violations, another way to view “capital markets”, how to manage headcount, and where VC is heading
Venture in 2025, a16z snags another big name GP, and Cluely has its viral moment
A deep dive on portfolio construction, how to get a free investment memo from our team, and OpenAI is buying Windsurf
Venture unbundling and who is positioned to win, some math on the shifting venture model, and a16z is looking to raise the largest VC fund ever
EM mistakes and how to fix them, the owner of the Jazz is forming a $1b venture fund, and we’re fixing extinction now
Why SaaS is here to stay, SignalFire raises $1b, Craft Ventures goes through layoffs, and Industry launches a massive secondaries fund
Some thoughts around GP spinouts, SaaS is NOT dead, the great liquidity shift, and rethinking the IPO window
Bradley Tusk’s latest bet, AI jobs are eating traditional AI, a fintech comeback, and $40b for OpenAI
Niche LPAC questions, the future of software companies, TechCrunch gets sold, and 23andMe is filing for bankruptcy
Some thoughts around building a practice of investing into emerging managers, venture aesthetics of great fund websites, the solo founder movement, our latest memos and market maps
1,500 words on where I think the future of venture is headed
Why I expect more companies to exit the venture game, the future of VC and the consolidation of great fund managers, and the great rebranding
