Venture Capital

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.

Jan 16, 2026

a16z just raised 18% of all US venture capital. It’s not about the returns.

Ben Horowitz wrote "America must win." Marc Andreessen recruits for DOGE. Scott Kupor runs federal HR. Saudi Arabia is an LP. Welcome to the era of Sovereign Venture.

Jan 9, 2026

SpaceX wants $1.5 trillion. At 60x sales. For a hardware company.

Boeing trades at 1.7x sales. SpaceX wants 60x. Here is the "AI Infrastructure" play hidden in the rockets.

Jan 2, 2026

Nvidia just spent $20 billion to NOT acquire a competitor.

They bought the team, the tech, and the future, but called it a "license." Welcome to the era of regulatory arbitrage.

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.

Venture Capital

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

a16z just raised 18% of all US venture capital. It’s not about the returns.

SpaceX wants $1.5 trillion. At 60x sales. For a hardware company.

Nvidia just spent $20 billion to NOT acquire a competitor.

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

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