Space Tech Is No Longer Just for Governments
For most of history, space was the exclusive domain of governments. The technology was too expensive, the timelines too long, and the risk too great for…
Bill Clark
Author
Bill Clark
Investing in Startups You Use Every Day: Smart Strategy or Dangerous Bias?
One of the most quoted pieces of investing wisdom comes from legendary fund manager Peter Lynch: "Invest in what you know." The idea is simple, the…
Bill Clark
The Unicorn Graveyard: Famous Startups That Were Valued at $1B+ and Still Failed
In the startup world, reaching a $1 billion valuation is considered the ultimate badge of success. But unicorn status is not a guarantee of survival. A…
Bill Clark
Following the Money: Strategic Investors in the AI Lab Race
The largest AI labs are no longer being funded primarily by traditional venture capital. Instead, the biggest checks are coming from cloud providers and chipmakers with…
Bill Clark
What Is a Lead Investor and Why Does It Matter?
What Is a Lead Investor and Why Does It Matter? In startup fundraising, a lead investor is usually the firm or individual helping drive and structure…
Bill Clark
Revenue Concentration Risk: When One Customer Is Too Many
For investors, assessing how a startup's revenue is distributed across its customer base is a critical part of due diligence. This blog explores how to identify…
Bill Clark
Second-Mover Edge: Why Being First Is Overrated
First-Mover Advantage Doesn't Always Beat the Second-Mover Edge Being first to market is often treated as a decisive competitive advantage. The startup that defines a category,…
Bill Clark
How to Read a Startup Cap Table Like an Investor
Evaluating a startup investment requires understanding who owns what and how that ownership may evolve over time. A capitalization table, commonly referred to as a cap…
Bill Clark
The Hidden Risk in Usage-Based Pricing Models
Learn About the Risks and Benefits of Usage-Based Pricing Models for Startups For investors evaluating startup software companies, usage-based pricing has become an increasingly common structure…
Bill Clark
Education