A newsletter about venture capital, tech, economics and more
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 150 | Founded | 6 years ago | Last Issue | 7 days ago |
| Active | |||||
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blog.joinodin.comLatest Issues
Gaps in Reality
“I’ve always felt like an outsider no matter where I am, and I think that’s been wonderful and incredible for my career. You can certainly look at that and have kind of a victim mindset about it, but I took the opposite path, which was, t...
The Individual Versus the Firm
Great companies are usually the product of great individuals. And great companies typically become large companies. But large companies often become ungovernable by the individual.
Too often, and particularly in venture capital, scale trea...
The Anti-Fund: One Investor's Bet on SPVs | Enrico Mellis, Animal
Enrico Mellis spent a year at the startup that became Foodora, nearly five at Project A, and four and a half more at Lakestar. In November 2025 he launched Animal: no fund, no management fee, just his own check going in first on every deal,...
The Sick Man of Private Markets
In The Disappearance of the Ten-Year Fund, we looked at how little the structure of venture capital has changed since the 1940s.
In The Magical Money Tree of Management Fees, we looked at how scaling capital without modifying incentives h...
The Venture Capitalist's World Model
This week we released a directory of research covering venture capital and adjacent fields. Today, the directory features 135 papers that span from the 1980s to 2026, covering market cycles, regulatory changes and systemic shifts in the ind...
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Authors
The writers behind this newsletter.
I'm one of the cofounders of Odin. We let anyone, anywhere launch & run their VC firm on their phone. I like writing about technology, history, politics, philosophy and economics.
State of the Future is going hard when others don't. We tell truth to power. And we write stuff to change the world.
The Science of Venture Capital
Managing Partner @ Earthling VC
Reflections and sounds from the watery deep
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