Insights
Notes from inside the deal flow.
What I'm seeing, what I'm declining, and how I think about entries. Written for investors and founders who prefer specifics to slogans.
Why I don't touch high-burn companies — even the famous ones
The burn multiple tells you whether growth is earned or bought. Here is the simple filter I apply before any deal reaches my circle.
The entry window between traction and growth — and why most investors miss it
Angels enter too early, funds enter too late and too expensive. The window in between is where disciplined HNI capital does its best work.
What real diligence looks like (it is mostly saying no)
A walk through the actual checklist I run before a deal reaches my circle — and the five reasons most deals fail it.