How Does the Berkus Method Value a Pre-Revenue Startup — and When Should You Ignore It?
Looking for how the Berkus method works? Score five risk reductions with indicative caps, see a worked example, and know when traction comps beat Berkus.
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Looking for how the Berkus method works? Score five risk reductions with indicative caps, see a worked example, and know when traction comps beat Berkus.
Anthropic's $65B doesn't change your seed raise. Here's how early founders should read 2026's concentrated, megaround-driven market — and what to do about it.
May 2026 saw $92B raised globally — 54% by one company. Here's how founders outside the frontier-lab tier should fundraise in a brutally concentrated market.
GIC, Temasek, ADIA, ICONIQ, and pension funds increasingly co-lead the biggest 2026 rounds — blurring the line between late-stage venture and pre-IPO crossover capital.
Venture capital is risk equity for high-growth startups. Here's how VC funds work — stages, economics, and why it matters for founders, LPs, and markets.
TAM, SAM, and SOM — total, serviceable, and obtainable market — define market size for VC diligence. Here's how to compute each without hand-waving.