RESEARCH

The Era of Autonomy, examined

Original analysis on autonomous systems, intelligent infrastructure, and the machine economy. Where value will concentrate, which structures will capture it, and the work traditional venture won't do.

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James Thomason

International tech workers waiting at an airport - Trump's $100k H1B visa: big tech wins, startups lose

13 min read

Trump's $100k H1B visa: big tech wins, startups lose

The presidential proclamation instituting a $100,000 fee for new H1B visa petitions represents a structural break in U.S. high-skilled immigration...

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Robinhood CEO Vlad Tenev presenting market structure diagram - Robinhood unveils plan to break Wall Street's IPO cartel

7 min read

RobinHood unveils plan to break Wall Street's IPO cartel

While crypto exchanges chase profits from meme coins and speculative tokens, Robinhood is weaponizing blockchain technology against the financial...

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US Capitol building satire illustration - GDP Shock: Venture Capital's government bailout begins

8 min read

GDP shock: Venture Capital's government bailout begins

The Trump administration's trade war has created widespread economic disruption and the economic indicators for Q1 2025 read like a coroner's report....

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Founder celebrating with legal documents - Introducing the Safer, a better alternative to SAFEs for startup financing

4 min read

Introducing the Safer: A Better Alternative to Safes for Startup Financing

It has been almost ten years since YCombinator, the renowned Silicon Valley startup incubator, introduced the Simple Agreement for Future Equity, or...

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