The University Is Your First Investor
Before a faculty founder ever meets a VC, the university has already set the terms. For a long time, those terms were the problem.
OCT 1 · 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
Competition Is for Losers
Every AI-powered pitch has a competitor it forgets to list, which is the customer typing the prompt themselves. Here's how I think about which startups survive the chat window.
SEP 24 · James Wang
Nobody Wants To Be First
DFW has no shortage of angel groups and accelerators. The trouble starts when a pre-seed founder asks who writes the first check.
SEP 17 · James Wang
Headcount Is The Moat
When redoing a workflow is a week of work instead of a quarter, you stop repairing things and start throwing them out.
SEP 10 · James Wang
OpenAI and Epic Just Killed a Thousand Healthtech Startups
When the model vendor and the system of record shake hands, the companies sitting between them stop having a reason to exist.
SEP 2 · James Wang