founder market fit
+9
Aug 28, 2026
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4 min read
Your company carries four risks at once. Only one of them is the risk your next round is actually buying down, and the deck usually defends a different one.
pitch deck
Aug 21, 2026
5 min read
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.