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Why 15 to 25 companies keeps turning up as the angel diversification threshold, what the return data shows, and what it means for networks setting their pace.
The SAFE now dominates pre-seed, and the 2018 post-money version fixed the investor's stake. Here is where the dilution goes, and when a priced round is safer.
The evidence on accelerators is better than most people think and narrower than most people want. The useful question is which program, for which outcome.
The famous figure for how long investors spend on a pitch deck is eleven years old. The trend behind it, and one finding inside it, matter more than the number.
Most of what an investor network processes is a rejection, and almost none of its process design covers one. What a usable no contains, and what silence costs.
Seed rounds are still sized against an 18 to 24 month assumption, but the median company now waits closer to two years and a growing share waits three.
Early-stage valuations just hit record highs, which reads as good news for founders. The last time this happened, the bill arrived about two years later.
The committee is where a deal becomes a decision. Much of what determines the outcome is process design rather than the merits of the company.
Every tool in your stack now claims AI. The label tells you nothing. Here is how to tell a bolted-on feature from a workflow that was truly built around it.
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