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+9

The Investor’s Logic: The Ownership Equation

Aug 21, 2026

•

5 min read

The Investor’s Logic: The Ownership Equation

A fund tells you its check size and its ownership target. It has just told you the highest valuation it can pay, and nobody said the word valuation.

Kursat Hosel
Kursat Hosel

pitch deck

+8

The Investor’s Logic: The Power Law

Aug 14, 2026

•

5 min read

The Investor’s Logic: The Power Law

One company in a fund has to pay for the other twenty-nine. That arithmetic decides more passes than your deck ever will.

Kursat Hosel
Kursat Hosel
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