The latest theses & analyses from 800+ venture investors.

Decision models—a new AI category that makes bounded choices rather than generating text—launched at $100M revenue in a week, then got replicated for $95 in…

Venture capital is shifting from software to physical technologies as AI collapses software development costs and the SaaS model loses defensibility; the…

A deep analysis of how capital structures evolve for hard-asset businesses (energy, manufacturing, space, robotics).