Dallas Cracked the Top 10. Now What?
We're on the venture map for the first time. The interesting question isn't whether we made it. It's what lane Dallas actually owns.
MAY 19 · James Wang
MAY 2026
Watching the Wrong Race
Claude and Codex trade blows. DeepSeek ships at a tenth the price. None of it matters as much as who deploys it inside the business.
MAY 12 · James Wang
The Calculator Question
Every generation's new tools look like cheating to the previous one. Calculators didn't make kids innumerate. AI probably won't either.
MAY 5 · James Wang
APRIL 2026
The Win Condition
Five events in four days, and what an ecosystem looks like when it's real but still figuring out its standards.
APR 28 · James Wang
Building on Borrowed Ground
Your moat isn't your product. It's whatever the platform underneath you can't copy at cost.
APR 21 · James Wang
Cheap Deals, Dead Companies
Inflation doesn't just compress valuations. It makes entire categories of startups structurally unfundable at any price.
APR 14 · James Wang
Every Seed Looks Like a Series A Now
AI compressed the startup maturity curve. Seed companies look more polished than ever. That's not a compliment.
APR 7 · James Wang
MARCH 2026
The Proof Gap
Healthcare isn't short on good science. It's short on affordable ways to prove the science works.
MAR 31 · James Wang
Rig the Scoreboard
Why the companies who define how customers measure success are the hardest to replace.
MAR 24 · James Wang
The Efficiency Frontier
I'm lazy. Genuinely lazy. I've also spent real energy figuring out how to be lazy more effectively.
MAR 17 · James Wang
Superheroes Don't Scale
The thing that makes a founder great at five employees is the same thing that breaks them at fifty.
MAR 10 · James Wang
Healthy on Paper
Many startups don't die from obvious failure. They die from looking busy while nothing compounds.
MAR 3 · James Wang
FEBRUARY 2026
Who's Holding the Bag?
The engineer who joined after your round didn't see the term sheet. They just inherited the strike price.
FEB 24 · James Wang
The High-Valuation Trap
A high early valuation feels validating. It also quietly reduces every option you have later.
FEB 16 · James Wang
Boring Infrastructure
Boring is a feature, not a bug. Every platform that matters started as plumbing.
FEB 1 · James Wang
JANUARY 2026
Why I Write
Writing forces clarity. If an idea doesn’t survive being written down, it probably shouldn’t survive capital allocation either.
JAN 15 · James Wang
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