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The Venture Capital Stack Was Built for a Different Economy
Why more founder “failures” are actually failures of the assumptions embedded in modern startup finance.
May 8
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Valentina
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The Only Moat That Survives AI
The companies that survive AI aren't the ones that do things you can't. They're the ones that handle things you won't.
Apr 29
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Valentina
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A Note to Founders Raising in 2026
Over the past few years, I’ve judged pitch competitions, helped founders think through how to reach new audiences and build out their tech stack, and…
Apr 25
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Valentina
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Where the Dry Powder Goes to Die
Dry powder was deployed into structures facing both financial fragility and physical impossibility. It won't cushion the fall. It is the fall.
Mar 26
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Valentina
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The 90% Trap
Most people using AI are just building impressive demos instead of systems that actually change their economics.
Mar 24
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Valentina
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When Real Estate Became a Liability
Jan 30, 2025
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Valentina
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The Only Moat That Survives AI
Apr 29
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Valentina
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When Your Mom Starts Asking About the S&P 500...
Mar 11, 2025
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Valentina
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The Credit Card House of Cards
Mar 16, 2025
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Valentina
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Why Smart Investors Make Dumb Decisions
Feb 14, 2025
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Valentina
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The Credit Card Crisis: Eight Months Later
Nov 10, 2025
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Valentina
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The AI Revenue Test
Big Tech is spending $500B+ on AI infrastructure. The question isn't whether AI works—it's whether it pays.
Mar 20
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Valentina
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When the Narrative Cracks
What gold, oil, and copper are telling us about AI—and the economy.
Mar 17
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Valentina
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The World Is Changing. That Was Always the Plan.
A lot of people are feeling like the ground is shifting right now. Some of that is AI. Some of it was always coming. Here's how I'm thinking about the…
Mar 3
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Valentina
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The Rate Lock Paradox - Why Lower Rates Won't Fix Housing
Everyone's waiting for mortgage rates to drop. But 73% of homeowners have rates below 5%. Even if rates fall to 4.5%, they still won't sell.
Feb 17
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Valentina
Is NVIDIA Bubbleproof?
NVIDIA’s business isn’t a bubble, but the AI spending cycle might be.
Dec 8, 2025
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Valentina
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Why $10 Trillion in Dry Powder Won’t Save an Unsustainable System
The top 10% drive 50% of spending, but you can't run an economy—or sustain these valuations—on 10% of the population
Nov 13, 2025
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Valentina
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The Credit Card Crisis: Eight Months Later
The consumer debt crisis I predicted in March is accelerating. Delinquencies now match 2008, long-term unemployment is surging, and half a million…
Nov 10, 2025
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Valentina
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Rational Returns
Finding rational returns where others chase quick wins: contrarian thinking, practical investing
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