Reletter
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Also Blog Posts

Mike Annunziata

Writings from serious people who don't take themselves too seriously.

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Substack
PricingOnly free issuesPublishesWeekly
Issues169Founded3 years agoLast Issue11 days ago
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Latest Issues

The Case for a Neosupplier Boom

We’ve long held the view that the venture market has overrotated on the vertical integration narrative. Instead, we think there’s an emerging opportunity in what we call Neosuppliers.

Neosuppliers leverage the latest technology to improve...

11 days ago
6

What is Risk?

If you asked me early in my investment career, I’d have described risk as “the thing that could go wrong”

Over time, I’ve shifted my definition.

A risk is what you get paid for!

Within that, there’s “good” and “bad” risk.

Good risk i...

18 days ago
3

What Inspires You?

We hosted a small dinner last night in NYC. One question I asked our guests is, “What’s something that inspired you recently?”

I’ll keep the specific responses private, but to summarize, the answers were decidedly human. Beautiful vistas....

25 days ago
3

Automation Isn’t Enough

I helped run a food manufacturing technology startup for seven years. Food margins are slim, so at an industry level automation and digital process control are prevalent. It always amazed me what legacy processors and system integrators cou...

a month ago
4
1

How to Build Conviction

“As a first time founder, how do you develop conviction in an idea?”

I got this question earlier on a call. It’s a good one. The instinct is to do a lot of diligence. Technical, market, financial. I don’t think this is right.

My advice?...

a month ago
5

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  • Mike Annunziata

    Co-Founder + Managing Partner @ Also Capital

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