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

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Substack
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Issues164Founded3 years agoLast Issue12 days ago
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Latest Issues

The Lines are Always Moving

We back a lot of first-time founders. One of the things that’s hardest to learn is that business is dynamic. There’s unspoken rules and ethics, but not bright lines. No input guarantees a desired result. And the lines are always moving.

“N...

12 days ago
4
1

Residual Value is All You Need

Yesterday NVIDIA announced a $500B data center financing deal with a number of Tier 1 infrastructure investors. The thing that stood out most to me is one of the core mechanics of it:

“In some cases, NVIDIA may provide a residual-value su...

19 days ago
8
1

Investing in Atlas Motion

At Also Capital, we love to go against the grain. And when we do, we bet big.

We lead ~10 Formation-stage investments per fund.

Since 2020, we’ve backed founders building bigger satellites when everyone thought we should go smaller. We’ve...

24 days ago
7

Building The Thing You Promised

This week I got to see Radiant’s Kaleidos reactor, nearly fully assembled, ready to ship out from their El Segundo, CA facility to INL for fully fueled testing. Doug posted an (export control compliant) photo here:

This has been 7+ years...

a month ago
9

Entrepreneurs as Artists

My timeline is FULL of commentary, visuals, and reactions to Christopher Nolan’s new film, The Odyssey. A lot of it is dedicated to his investment of effort to put the actors on real ships, his election to use large puppets instead of CGI,...

a month ago
8

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  • Mike Annunziata

    Co-Founder + Managing Partner @ Also Capital

  • Brandes Woodall
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