The venture capital model is changing, and understanding the interests of limited partners and the companies being built is crucial.

The venture capital model is increasingly about understanding the complexities of modern companies, which are often full-stack and require different support than traditional investments.

The venture capital model is increasingly about understanding the complexities of modern companies, which are often full-stack and require different support than traditional investments.

Founders often get stuck at various levels of product-market fit, and it's essential to evaluate which of the four Ps—persona, problem, promise, or product—needs to change to move forward.

As a founder, it's crucial to balance the development of products with the capabilities needed to bring those products to market, creating organizational clarity.

Defining what your game is and where you have an edge is crucial for success in business and investing.

The venture capital model is shifting from a factory line approach to a more bespoke system, where companies may never go public, and the focus is on unique, non-obvious investments rather than standardized metrics.

When pitching, it's crucial to sell the dream and not just focus on the current state of the company, as venture capitalists are looking for upside maximization.

It's crucial for startups to understand their identity and approach, whether they are mercenaries seeking profit or missionaries passionate about their product.