Oct 13, 2026Founders / Investors
Valuations Need a Correction
Startup valuations miss the forest for a few successful trees
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↘ Essays Archive
Essays on technology & capital in the real world.
Long-form essays on technology, venture capital, and the economics that bind them together.
// Archive_Metadata
Count: 80 essays
Latest: Oct 13, 2026
Focus: Investors, Founders, Developers
Latest Essay
Valuations Need a Correction
Startup valuations miss the forest for a few successful trees
FoundersInvestors
Read essay →Essay Index
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Jul 29, 2026Developers / InvestorsFortune
Button-mashing never worked in StarCraft. Tokenmaxxing won’t work in AI
Like actions per minute in strategy games, token usage is a vanity metric.
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Jun 12, 2026Founders / Investors
Taking Stock of the Seed Stage
The total stock of seed-stage startups appears to be shrinking, despite the AI funding boom.
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May 21, 2026Developers / InvestorsLightspeed
File Systems for Agents
An emerging theme among teams building agents: the file system is the ideal memory abstraction for AI agents.
Read on lsvp.com ↗
May 20, 2026Investors / DevelopersLightspeed
Tripling Down on Exa to Build the Search Engine for AI
Why we tripled down on Exa, the search engine built for AI agents.
Read on lsvp.com ↗
Apr 16, 2026Developers / InvestorsLightspeed
The Engine That Builds the Engine
The codebase is a software company's crown jewel — what changes when AI becomes the engine that builds it.
Read on lsvp.com ↗
Feb 11, 2026Developers / Investors
Tokens Aren't Fungible
Open source LLMs are 90% cheaper than closed source models, yet they capture less than 30% of token share
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Sep 9, 2025Investors / DevelopersLightspeed
The Missing Emotional Layer in AI: Our Investment in Nuance Labs
On the uncanny valley of AI avatars, and our investment in Nuance Labs to build AI's missing emotional layer.
Read on lsvp.com ↗
Sep 3, 2025Developers / InvestorsLightspeed
Search, Perfected for AI: Why We're Doubling Down on Exa
AI agents are only as good as the context they retrieve — why we're doubling down on Exa.
Read on lsvp.com ↗
Jul 22, 2025Investors / DevelopersLightspeed
AI-Driven Cyberattacks are on the Rise. Are You Ready?
The rising tide of AI-driven cyberattacks demands a new era of smarter, autonomous defense.
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Jul 8, 2025Developers / InvestorsLightspeed
When Search Becomes Infrastructure: Changes and Opportunities to Watch
For 25 years search meant ten blue links; now it's becoming infrastructure for AI — and that shift creates new opportuni...
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Jul 2, 2025Developers / InvestorsLightspeed
Apple's AI Reasoning Paper: Good Questions, Few Answers
A close read of Apple's controversial paper claiming to expose reasoning weaknesses in models like Claude and ChatGPT.
Read on lsvp.com ↗
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