And what it means for us as we build TAI, and investing copilot for all Hi all, We just wanted to provide a quick update on us as we enter the new year (along with our long-form thoughts on the Market). …

Let’s walk through a thought exercise — Daylights savings time is less than a month away-this year has flown by. As the prospect of a second pandemic winter sinks in, don’t forget to get your flu vaccine on top of a Covid-19 booster vaccine (when approved). Remarkable: US flu deaths were down 97% in 2020 compared to…

Parameters and Tradeoffs to consider with Fundraising — RE: Size of Financing Round In this mythical time of free roaming tech unicorn herds, new headlines seemed to be packed with massive financing rounds. Early worries that the Covid-19 pandemic would depress the capital markets have long been abated. In fact, the venture investment market this past year was…

Investing on Behalf — As a refresher, use of proceeds refers to how you plan to spend your investors’ capital, and a somewhat thorough estimate of this plan is required prior to fundraising at all stages, from Seed through IPO. …

Consider your next, next fundraise — A fun (for some) thought exercise to go through before any fundraise is to imagine yourself in two years raising the next round after the one you’re currently planning for. …

How to think about a successful fundraise — RE: The Context of Raising Start Up Financing Money begets money. Almost every venture capital (VC) backed startup is in some stage of fundraising. Unless you have a business model that sells itself and provides a ridiculous margin of profitability to fuel not only your company’s ongoing operations but also…

Mapping out Business Operations — Picking up the thread from my last post, I joined Relativity in July 2016 as its second employee and first non-engineer to work with our CEO on “the business” side of the company. I initially held the title of “Lead Business Operations”, which looking back still doesn’t really make sense…

Why I Left Investing for Rockets — Four years into my career in private equity, I was developing a pretty advanced case of imposter syndrome. I sat in an antique adorned conference room on the 78th floor of one of Hong Kong’s landmark neon skyscrapers. Sitting across the table from me was a mobile tech entrepreneur. I…

An Operator’s Perspective on Building a Literal Rocket Company — “Hello Medium” My name is Alex Kwan and up until most recently (October 2020), for 4+ years I headed up Finance and Business Operations at Relativity, a space launch company that is developing the world’s first 3D printed rocket. …