venture capital but make it make sense

nobody explained
VC to me either.
so i wrote it down.

Former engineer. Now a VC trying to figure it out in real time. Writing about cap tables, deal flow, startup reality and why everyone in this industry talks like they swallowed a business school textbook.

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Inuka — Confused VC

recent confusion

the stuff i figured out this month

your SAFE just diluted you more than you think
SAFEs aren't actually safe. here's the math most founders miss until it's signing day and everyone's looking at the floor.

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hi, i'm Inuka.

engineer turned VC, based in Auckland. i spent years building things and then one day ended up on the other side of the table evaluating things. turns out a lot of VC is just pattern matching dressed up in fancy words.

so i started writing it all down. the stuff nobody told me. the stuff i had to figure out the hard way.

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