Follow-on Investment Decisions: Evaluating Winners and Limiting Capital Drag
Evaluate follow-on investment criteria, avoiding sunk cost fallacies, and optimizing reserve capital allocation toward top-performing portfolio companies.
Technical Library · 820 Publications
Research, ideas & engineering insights.
A curated library of technical guides, AI implementations, financial research, product insights and automotive analysis.
Featured Series: Practical AI Engineering (23 Production Guides)
Production-grade autonomous research agents, deterministic spreadsheet analyzers, sub-800ms SIP voice bots, and multimodal accessibility assistants verified with executable Python test suites.
How to Break into Venture Capital: Networking, Sourcing Proof, and Theses
A tactical career blueprint for aspiring venture capital investors focusing on proprietary sourcing proof, thesis generation, and operator networking.
How to Prepare for a VC Investment Analyst Technical Interview
Prepare for competitive venture capital interviews with frameworks for deck memos, market sizing cases, cap table conversion tests, and partner interviews.
Investment Committee Evaluation: Building the Venture Capital Investment Memo
Structure and write an institutional venture capital investment memorandum outlining market tailwinds, unit economics, risks, and underwriting return scenarios.
Investment Thesis Development: Identifying Platform Candidates and Industry Tailwinds
Learn how private equity firms construct rigorous thematic investment theses targeting fragmented industries with high recurring cash flow.
Normalised EBITDA Adjustments: Non-Recurring Expenses, Owner Add-backs, and Run-Rate Normalisation
Master the classification and verification of EBITDA add-backs, one-time litigation costs, owner compensation, and pro forma synergy adjustments.
Private Equity Deal Sourcing: Proprietary Sourcing vs Intermediated Auctions
Compare proprietary deal origination strategies against investment bank-led auction processes in private equity sponsor acquisitions.
Quality of Earnings (QofE) Analysis: Uncovering Pro Forma Earnings Realities
Learn how Quality of Earnings reports bridge reported GAAP EBITDA to sustainable pro forma cash generation for leveraged buyouts.
Screening Acquisition Targets: Establishing Strategic and Financial Investment Criteria
Understand the core financial screens and operational benchmarks private equity sponsors apply during preliminary target evaluation.
VC Portfolio Construction: Power Law Dynamics, Fund Size, and Reserve Strategy
Model venture fund portfolio construction balancing fund size, check sizes, ownership targets, follow-on reserve ratios, and power-law distribution dynamics.
Venture Capital Exit Strategies: M&A, IPOs, and Secondary Liquidity
Analyze the financial mechanics, timelines, valuation implications, and liquidity realities of corporate M&A, traditional IPOs, SPACs, and secondary sales.
Venture Capital Fund Economics: Management Fees, Carried Interest, and Hurdle Rates
Understand general partner and limited partner fund economics, including 2/20 fee structures, carried interest waterfalls, hurdle rates, and clawbacks.