Tools

What you can use, not what I am forecasting.

A tool answers a question you can act on today. An issue makes a call you can grade later. Tools carry no register entry and sit outside the numbered sequence, and every figure in one traces to a fetched primary source, exactly as in an issue.

How to Read a Pre-IPO SPV (Special Purpose Vehicle), and Who Funds the Frontier

What you actually pay when a fund offers you a private company at the round price, and how much it has to grow before you are whole. Published 17 September 2026. 2,316 words · 12 sources.

Which Money Pays for Which Risk

A capital map for hard-tech founders. Published 8 October 2026. 771 words · 6 sources.