Investment Essays

Graphic: ChatGPT with some prompting

  • The Foibles of SAFEs

    SAFEs are simple… until they lead to bad outcomes for investors, entrepreneurs, or both. Explore here and here. And if you like math, go here.

  • VCs and PEs

    Angel investors can be a lot more like Private Equity than Venture Capital. Explore here.

  • A New Instrument

    Inspired by the previous topics on this page and a lot of discussion with other investors, we present a proposal for a new investment instrument - the REBUS - with an earlier intro piece.