Why scale does not break venture returns when ownership, duration, and market structure change
Internal teams cannot replicate specialized technology, data moats, and domain expertise fast enough to stay competitive.
What the newest Carta data actually reveals about how venture funds operate
A new dataset of category-defining companies reveals where AI value is actually accumulating — and why the next decade will belong to founders building inside high-stakes industries.
Why America’s Ai boom isn’t a bubble, it’s an amalgamation of steel, silicon, and raw power.
