Founders' Capital
Ashish Kulkarni, Peter HwangThe intersection of capital, control, and startup-building. It’s not about raising money; it’s about what money does to your startup.
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 13 | Founded | 6 months ago | Last Issue | 4 days ago |
| Active | |||||
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founderscapital8.substack.comLatest Issues
I interviewed 100 VCs. This is what I built from it.
I’ve spent the last several years doing one thing: trying to understand what actually separates founders who close a round from founders who don’t.
I interviewed 100+ VCs. I ran a research collaboration with Plug and Play Tech Cente...
6 Startups, 4 Exits, 28 Years: The Framework Behind Peter's Serial Wins
Before we dive in, a quick note for the founders reading this.
If you have traction but no repeatable growth, if something feels stuck and you can’t quite name what, today’s guest writes the newsletter you’ve probably been looking for....
The Option Pool Shuffle
You finally get a term sheet.
₹1.5 Cr pre-money valuation. ₹50L investment. The investor gets 25%, you keep 75%. You and your co-founder shake hands. You’re ready to sign.
Then you look at the cap table a week later.
You own less than yo...
From Russian Oil Fields to US Runways. The Business Case for Universal Fuel Technologies.
This week on The Founders Stack we sat down with Alexei Beltyukov, CEO and co-founder of Universal Fuel Technologies. We covered a lot of ground in that conversation, most of it psychological. But sitting underneath the personal story is a...
Your $50M Exit is a Rounding Error
Great VC meeting. They loved the product, asked smart questions. Two weeks later: pass.
What went wrong? Probably nothing.
There’s a piece of math running behind every VC conversation that most founders never see. It has nothing to do wit...
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Authors
The writers behind this newsletter.
I write about the mental side of building a startup—from inner conflict to grit, co-founder trust, trauma, and self-doubt in Founders Psyche, while in Founders' Capital - I focus more on execution aspect of startup building.
You feel stuck,you have traction but no repeatable growth.I help early to mid-stage tech founders figure out what's broken before it costs them years and resources.5x founder/4 exits (8&9-figure exits) in 28 yrs.Investing & building 6th startup now.
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