Capital Concentration

Jan 23, 2026

The 0.05% Rule and the Death of the "VC Middle Class"

$339.4B deployed, but the math is broken. While the headlines scream "VC is back," 99.95% of founders are fighting for scraps. Here is the brutal reality of the 2026 bifurcation.

Dec 12, 2025

43% of VC funding went to 14 companies last month. The middle class of startups is dead.

Everyone's celebrating "funding is back." Nobody's noticing only mega-rounds are back. Here's why 95% of startups are now unfundable.

Capital Concentration

The 0.05% Rule and the Death of the "VC Middle Class"

43% of VC funding went to 14 companies last month. The middle class of startups is dead.

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