The Regulatory Roadmap: Why Your Compliance Strategy Is Your Funding Strategy

Why do teams with genuinely innovative technology often approach investors without a commercially-minded regulatory pathway? I’ve noticed this pattern with some of the deep tech, medtech and climate tech founders I advise, where regulatory work is seen as something distinct from building a company. I also see the results: stalled fundraising, or, if rushed, closing […]

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Your Patent Is Not Your Moat

What investors see that most spinout founders don’t. A moat, in investor language, is the set of competitive advantages that make your technology hard to replicate. Your patent is one input to that moat. It is not the moat itself. I spent years in corporate finance and M&A, where part of the work was valuing […]

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Leveraging the Venture Client Model

Why running a pilot before you set equity terms can change everything about your raise I’m currently working with an early-stage deep tech venture: a US-based, proprietary materials technology with strong proof-of-concept data and a founding team that combines deep scientific credentials with strong commercial backgrounds. This was a team that could have spent six […]

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The 63-Year Clause: What One Term Sheet Taught Me About Structure

Why deep tech founders who resist structure don’t protect themselves, they just delay the reckoning Note: This piece was prompted by a real engagement. All details , such as geography, technology sector, deal terms, and financial figures, are illustrative. The structural pattern, however, is real and recurring. I was recently working with a founder who […]

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Deep Tech Angels: The Most Important Investors You’re Not Talking To

What a Swiss energy venture tells us the gap between great science and early-stage capital I’ve been working recently with a deep tech energy venture: Swiss-based, US entity, world-class science, provisionally protected IP, and a founding team with credentials that would stop any technical investor in their tracks. And yet the funding conversation is harder […]

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The Non-Dilutive Playbook

PhDs are trained to build the future, so why is their funding strategy stuck in a pre-programmed loop? It’s a peculiar irony that PhDs — careers built on questioning everything — often become the most unquestioning sheep the moment they enter the startup ecosystem. Despite careers built on breaking down arguments, research-based founders often accept […]

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