Deep Tech For Deep Minds? Or Deep Pockets?

This is a weekly newsletter about the art and science of building and investing in tech companies. To receive Investing 101 in your inbox each week, subscribe here: Subscribed People love to talk about the founding myths of venture capital (myself included). The Traitorous Eight, Arthur Rock, Don Valentine. Books like The Power Law by Sebastian Mallaby is a great overview. But as much awe as these founding stories produce in founders, investors, and operators around the world, they very rarely pay little more than lip service to what these people were building and funding. The short answer? Hardware. The company the Traitorous Eight left? A semiconductor manufacturer. The company they built when they left? A semiconductor manufacturer. So while most people think the first great startup was Google, or Facebook, a lot of people rightfully pay respectful homage to the hardware manufacturers of the 50s. But the reality is, it goes back even further than that. Steve Blank has a great presen

This is a weekly newsletter about the art and science of building and investing in tech companies. To receive Investing 101 in your inbox each week, subscribe here: Subscribed People love to talk about the founding myths of venture capital (myself included). The Traitorous Eight, Arthur Rock, Don Valentine. Books like The Power Law by Sebastian Mallaby is a great overview. But as much awe as these founding stories produce in founders, investors, and operators around the world, they very rarely pay little more than lip service to what these people were building and funding. The short answer? Ha