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As your company grows, equity ownership can get complicated fast - different stakeholders, different rules, and lots of room for error if you're tracking it all yourself. But a connected cap table keeps everything clean from day one. If you're still at an early stage, Carta Launch is free [4] - up to 25 stakeholders and $1M raised.
Technology is a tool. So is venture capital. We must not become a tool of our tools. Anchor yourself in beliefs. Otherwise, you'll assimilate and lose your individuality.
There are three successful types of large language model products: chatbots, coding completion products, and agentic products. Summarization, translation, and transcription are more features of a chatbot product than products in their own right. LLM-generated feeds and video games based on AI-generated content don't work yet, but may soon. LLMs have a lot of potential, but most people are building copies of the same thing.
Scaling a distributed product team can be very challenging. What gets you from 0 to 10 people won't get you to 50. Getting to 150 requires deliberately breaking working patterns and replacing them with new ones. Companies that successfully scale plan for their next stage while still in their current one. Scaling is about multiplication, not addition - create systems that enable others to do more.
Earnouts look simple but hinge on details most founders don't control after the sale.
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This week, Metronome (used by OpenAI and Anthropic) announced announced major updates [9]: SEAT-BASED CREDITS let you pool credits across teams or allocate individually. PLG INVOICING automates payment collection for self-serve customers. NATIVE CLOUD MARKETPLACE SUPPORT simplifies product launches across AWS, GCP, and Azure. Read the full
Todo2 is an AI-powered project manager for Cursor that helps developers research, plan, and execute projects without leaving their code editor.
Dualite is a local-first AI builder for mobile and web apps that keeps all your data on your browser while integrating design and code systems.
Vogent Voicelab is an AI platform for ultra-realistic text-to-speech, optimizing open-source voice models for fast, high-quality audio generation.
Modelbusters are companies that take advantage of a platform shift and the new business models that the shift makes possible. The TAM for these companies is much bigger than all the consensus estimates and financial models in the world can predict. When they catch momentum, they grow much faster than anyone would expect. A new generation of modelbusters is forming thanks to AI.
This spreadsheet contains a list of new VC funds at or below $200 million in size. Sorted by year raised, this resource is for founders who are raising capital. The more recent the fund was raised, the more capital the VC firm tends to have available for new investments.
Human data markets remain crucial for training advanced models.
If apps are the interface to software, then the narrative is the interface to your company.
This letter resurfaces two older essays that treat Palantir less as a startup and more as a political project.