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Why We Should Call SAFE Notes "VC Options"
In recent year there's been a growing trend towards the use of SAFE (Simple Agreement for Future Equity) notes instead of traditional...
Apr 14, 20243 min read


The Importance of Forward-Looking Disclosures for Investors
As an investor, one of the most important factors to consider when evaluating a public company is its future prospects. While historical...
Apr 13, 20244 min read


The Importance of the MD&A Section in SEC Filings
For investors, the Management's Discussion and Analysis (MD&A) section of a company's SEC filings is one of the most crucial and...
Apr 12, 20242 min read


Bots vs. AI Agents: What Investors Need to Know
The terms "bot" and " AI agent " are often used interchangeably, leading to confusion for investors trying to understand the differences and implications of each. As an investor, it's crucial to grasp the nuances between these two concepts to make informed decisions. Bots: Scripted Automation At their core, bots are automated software programs designed to perform specific, repetitive tasks. They are typically programmed to follow a predefined set of rules or scripts, allowin
Apr 12, 20244 min read


The Rising Costs of AI: Understanding the Unique COGS Challenges for AI Companies
As the artificial intelligence industry continues to expand rapidly, investors are increasingly turning their attention to the financial performance of AI-focused companies. One area that stands out is the cost of goods sold (COGS) - a metric that often differs significantly between AI companies and their counterparts in the traditional tech sector. The Traditional Tech COGS Model In traditional software and tech companies, COGS primarily consists of the direct costs associa
Apr 10, 20243 min read


The Myth of the Total Addressable Market
The Total Addressable Market (TAM) is a metric that is widely used by startups, entrepreneurs, and investors to evaluate the potential...
Apr 9, 20243 min read


The Disconnect Between a Company's Public Narrative and its SEC Filings
As investors, it's crucial to look beyond a company's public-facing narrative and carefully examine its Securities and Exchange...
Apr 8, 20244 min read


The House Always Wins: Why Investing in Altcoins is Like Gambling at The Mirage Casino
As an investor, it's important to understand the inherent risks involved with investing in altcoins - the thousands of cryptocurrencies...
Apr 7, 20244 min read
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