When Capital Writes the Business Plan
The venture market is not short of money. It is short of a gate that opens on evidence.
Venture Capital 2.0
Research and tools for the next generation of venture builders, investors, and founders.
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Venture Reciprocity, Measured
In 2024 I argued that equity makes venture returns unpredictable on two vectors, value and time, and that founders pay for it. A new study of 248,454 venture-backed founders finally puts numbers on both.
The Secondary Discount, Decoded
Why the one gauge that moved this quarter is a better price on a loss, not the end of one, especially for the 2021 and 2022 vintages
The Reformation of Early-Stage Venture Capital: 1H26 Snapshot
Take a Walk on the Boardwalk: Venture Secondaries Explained
The LP Distress Index
Liquidity, Stupid
Coalition Investing and the Case for Venture Capital Without a Fund Manager
Carta's Latest Founder Data Says What Carta Can't
You Can't Reindustrialise with Casino Money
Nineteen Cents on the Dollar: Breaking Down AngelList's Venture Fund Report
2026 Venture Capital Industry Forecast
Exclusive Report: Family Office and Fund of Funds Market
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