The High-Valuation Trap
A high early valuation feels validating. It also quietly reduces every option you have later.
February 16, 2026 · James Wang
The Mimosa Memo
SubscribeBoring Infrastructure
The bottleneck is always the business. The best infrastructure plays just look boring until they're not.
February 1, 2026 · James Wang
Why I Write
Writing forces clarity. If an idea doesn’t survive being written down, it probably shouldn’t survive capital allocation either.
January 15, 2026 · James Wang