MicroVentures Blog
Research, market commentary, and education for investors and founders.
Why Venture Debt Is an Option for Some Startups Startups often raise capital by selling equity, but issuing new shares is not the only way to fund growth. Some venture-backed companies also use venture debt to…
Dissecting the Anthropic S-1 Since its founding in 2021, Anthropic has become one of the most closely watched private companies in artificial intelligence (AI). On October…
Understanding S-1 SEC Filings When a private company decides to go public, investors often get their first full look at its finances, ownership, and risks in…
How Investors Can Understand and Apply the Burn Multiple For startups, growth is only part of the equation. How much capital a company spends to achieve…
Cash, Stock, or Earnout? What Investors Should Know as M&A Activity Increases in 2026 When a privately held company agrees to be acquired, investors in that…
AI's Hidden Cost Structure: How Compute Spending Affects Gross Margins For most traditional software businesses, more customer usage has generally added little cost. Once the product…
Recapitalization, Startups, and Private Equity A startup’s cap table can become increasingly complicated as it raises multiple rounds of financing. Different classes of preferred stock, liquidation…
A startup may raise additional capital between larger financing rounds for a variety of reasons. A bridge round can give a company more time to reach…
For much of the last decade, growth was often the metric that mattered most to venture investors, sometimes even ahead of profitability, burn rate, or a…
The Denominator Effect Can Significantly Impact Venture Capital Fundraising When stock markets drop sharply, venture capital fundraising can suddenly slow down, even though the startups and…
Education
