Field Notes

Raw observations from the funding trenches.

The Pattern in Your Passes

Every rejection you receive is diagnostic data. Most founders throw it away. The ones who survive read it like an x-ray.

The Company You Think You Have

After 300+ diagnostics, the pattern is clear: founders raise for a company that exists only in their heads.

The Metrics That Lie

Your dashboard says you're winning. Your investors see something different. Here's why the gap exists.

The Warm Intro Paradox

The founders who need warm intros the most are the ones least likely to get them. Here's how to break the cycle.