Your Window Into the Innovation Economy

I love the optimism of early-stage investing. New ideas, fresh energy, big markets. But optimism without guardrails is how you end up explaining to your investors why a “can’t-miss” deal missed so completely. This isn’t about being cynical. It’s about being clear-eyed. Most great companies had plenty of hair on the deal. The question isn’t “are there red flags?” — there always are. The question is: When things go wrong — and they will — will this founder figure it out? Hold that thought.