What exactly is your AI moat?
A founder building on the frontier models had the team, the product, and the design partners. He still couldn't answer the only question that matters.
JUL 2 · James Wang
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The Mimosa Memo
Pulling apart incentives, capital structure, and the parts of early-stage investing nobody puts in a deck.
Recent posts
RAPID and the FDA Device Pathway Maze
FDA clearance lets you sell the device. It doesn't make anyone pay for it. A field guide to the routes to market, and the wall right after.
JUN 23 · James Wang
Your Runway Has a Whistle
Soccer has a clock, tennis has none, and your startup has one too. The only thing that pushes the whistle back is real revenue.
JUN 16 · James Wang
The Sale Nobody Warns You About
A working product gets you in the room. Closing the deal means making a nervous institution feel safe choosing you.
JUN 9 · James Wang
Dallas Is Early
Two weeks in Dallas startup rooms. The founders are here in force, the scaffolding's going up, and the capital still commutes in from somewhere else.
JUN 2 · James Wang