The newsletter for startup founders

Forget traditional org charts. Tech giants are aggressively firing the middle to fund unreleased software. See the brutal shift in startup leverage.

Forget traditional financing rules. A bizarre new ecosystem shift reveals how tech giants are now using raw infrastructure markup to buy their way onto cap tables.

Brute-force capital is no longer your ultimate leverage. Major ecosystem moves reveal the new scarce resource you actually need to win the scaling war.

Forget AI launch demos. Anthropic’s latest acquisition and Dust’s $40M raise prove that scaling your startup now requires owning the enterprise plumbing.

Cerebras at $95B. SpaceX at $75B. The real story isn't the valuation; it's who they're selling to and whether the infrastructure can keep up.