Post Money Problemshttps://postmoneyproblems.com/Independent perspectives on capital, technology, and human nature.en-usUnfortunately, the Founder Has Relevant Experience.https://postmoneyproblems.com/perspectives/the-founder-has-relevant-experience/https://postmoneyproblems.com/perspectives/the-founder-has-relevant-experience/The customer understands the problem. This has complicated our search for a visionary.Fri, 02 Oct 2026 18:00:00 GMTSAFE Is the Name.https://postmoneyproblems.com/perspectives/safe-is-the-name/https://postmoneyproblems.com/perspectives/safe-is-the-name/The document removes the repayment clock. It does not remove the economics.Fri, 02 Oct 2026 18:00:00 GMTYou Have Sold More Than You Remember.https://postmoneyproblems.com/perspectives/you-have-sold-more-than-you-remember/https://postmoneyproblems.com/perspectives/you-have-sold-more-than-you-remember/A rolling close can be administratively light and economically cumulative.Fri, 02 Oct 2026 18:00:00 GMTMost Favored, Eventually.https://postmoneyproblems.com/perspectives/most-favored-eventually/https://postmoneyproblems.com/perspectives/most-favored-eventually/The MFN is a right to elect into later terms. Somebody still has to read the email.Fri, 02 Oct 2026 18:00:00 GMTThe Side Letter Has Entered the Room.https://postmoneyproblems.com/perspectives/the-side-letter/https://postmoneyproblems.com/perspectives/the-side-letter/It is a small attachment. It can reserve a large part of your next round.Fri, 02 Oct 2026 18:00:00 GMTEveryone Gets Paid Before the Founder.https://postmoneyproblems.com/perspectives/everyone-gets-paid-before-the-founder/https://postmoneyproblems.com/perspectives/everyone-gets-paid-before-the-founder/Not literally everyone. Enough people to make the headline price a poor guide to your proceeds.Fri, 02 Oct 2026 18:00:00 GMTWhy We Prefer Convertible Notes. You Should Ask Why.https://postmoneyproblems.com/perspectives/why-we-prefer-notes/https://postmoneyproblems.com/perspectives/why-we-prefer-notes/A clock, an accruing balance, and a conversation you may not be in a position to decline.Fri, 02 Oct 2026 18:00:00 GMTCongratulations. We Have Deferred Your Valuation.https://postmoneyproblems.com/perspectives/the-convertible-note/https://postmoneyproblems.com/perspectives/the-convertible-note/An annotated fictional note: what each clause buys the investor, where it can bite the founder, and what to ask for instead.Thu, 01 Oct 2026 18:00:00 GMTThe Offer: We Have Kept the Documentation Simple.https://postmoneyproblems.com/perspectives/note-offer/https://postmoneyproblems.com/perspectives/note-offer/The check is $500,000. The usable cash, future ownership, and permission structure are separate figures.Thu, 01 Oct 2026 18:00:00 GMTThe Price: Your Valuation Can Wait. Your Dilution Cannot.https://postmoneyproblems.com/perspectives/note-price/https://postmoneyproblems.com/perspectives/note-price/The cap has a denominator. The discount has a rival. Neither is a percentage of the company.Thu, 01 Oct 2026 18:00:00 GMTThe Clock: A Deadline Is a Negotiating Position.https://postmoneyproblems.com/perspectives/note-clock/https://postmoneyproblems.com/perspectives/note-clock/Maturity, smaller rounds, defaults, and the investor who can prevent you from paying them back.Thu, 01 Oct 2026 18:00:00 GMTThe Conversion: Same Shares, Different Price.https://postmoneyproblems.com/perspectives/note-conversion/https://postmoneyproblems.com/perspectives/note-conversion/Buying the same preferred stock for less can change more than ownership.Thu, 01 Oct 2026 18:00:00 GMTThe Exit: Congratulations. Please Review the Waterfall.https://postmoneyproblems.com/perspectives/note-exit/https://postmoneyproblems.com/perspectives/note-exit/The sale premium, the conversion election, and the difference between a claim and available money.Thu, 01 Oct 2026 18:00:00 GMTThe Negotiation: Standard Is Not a Counteroffer.https://postmoneyproblems.com/perspectives/note-negotiation/https://postmoneyproblems.com/perspectives/note-negotiation/A usable redline, a holder ledger, and several questions to ask before the wire becomes urgent.Thu, 01 Oct 2026 18:00:00 GMTWe Built a World Model. Then Someone Bought the World.https://postmoneyproblems.com/perspectives/world-model-buyer/https://postmoneyproblems.com/perspectives/world-model-buyer/The strategic exit has joined the research agenda.Thu, 01 Oct 2026 18:00:00 GMTThe Cloud Has Taken the Branding Literally.https://postmoneyproblems.com/perspectives/cloud-literally/https://postmoneyproblems.com/perspectives/cloud-literally/An orbital workload deserves its own business case.Thu, 01 Oct 2026 18:00:00 GMTOur Data Center Was Briefly a Supersonic Aircraft.https://postmoneyproblems.com/perspectives/supersonic-data-center/https://postmoneyproblems.com/perspectives/supersonic-data-center/An ambitious partnership meets the equipment order.Thu, 01 Oct 2026 18:00:00 GMTYour Strategic Adviser Has Excellent Access.https://postmoneyproblems.com/perspectives/strategic-adviser-access/https://postmoneyproblems.com/perspectives/strategic-adviser-access/The introduction is valuable. So is knowing where the information goes.Thu, 01 Oct 2026 18:00:00 GMTAbundance Is Available in the Next Software Update.https://postmoneyproblems.com/perspectives/abundance-update/https://postmoneyproblems.com/perspectives/abundance-update/The future is generous. The delivery window remains under review.Thu, 01 Oct 2026 18:00:00 GMTWe Held a Funeral for Apps. The Reception Is on WhatsApp.https://postmoneyproblems.com/perspectives/app-funeral/https://postmoneyproblems.com/perspectives/app-funeral/A platform funeral still needs somewhere to send the invitations.Thu, 01 Oct 2026 18:00:00 GMTWe Believe in Creative Destruction. Please Start Elsewhere.https://postmoneyproblems.com/perspectives/creative-destruction/https://postmoneyproblems.com/perspectives/creative-destruction/The technology can work. The valuation can fail. The debt can still come due.Sun, 13 Sep 2026 00:27:00 GMTThe Church of Product–Market Fithttps://postmoneyproblems.com/perspectives/the-church-of-product-market-fit/https://postmoneyproblems.com/perspectives/the-church-of-product-market-fit/The founders are brilliant. The customer has a few questions.Sat, 12 Sep 2026 23:00:00 GMTThe Jobs Are Gone. Please Check Again Next Quarter.https://postmoneyproblems.com/perspectives/check-again-next-quarter/https://postmoneyproblems.com/perspectives/check-again-next-quarter/AI employment forecasts remain confident. Reported outcomes are more complicated.Sat, 12 Sep 2026 23:00:00 GMTThe Robotaxi Has Mastered the Parking Tickethttps://postmoneyproblems.com/perspectives/the-robotaxi-parking-ticket/https://postmoneyproblems.com/perspectives/the-robotaxi-parking-ticket/Autonomous driving meets one of the city’s most durable interfaces: the curb.Sat, 12 Sep 2026 23:00:00 GMTMonk Mode Has a Personal Brand Managerhttps://postmoneyproblems.com/perspectives/monk-mode-has-a-brand-manager/https://postmoneyproblems.com/perspectives/monk-mode-has-a-brand-manager/A period of quiet focus, documented across several channels.Sat, 12 Sep 2026 23:00:00 GMTWe Hired Autonomous Employees. Then We Built Them a Cage.https://postmoneyproblems.com/perspectives/autonomous-employees-in-a-cage/https://postmoneyproblems.com/perspectives/autonomous-employees-in-a-cage/The agent is free to act. Within a carefully specified definition of free.Sat, 12 Sep 2026 23:00:00 GMTThe Four-Day Workweek Now Takes Six Dayshttps://postmoneyproblems.com/perspectives/the-six-day-four-day-week/https://postmoneyproblems.com/perspectives/the-six-day-four-day-week/The productivity gains are coming. First, everyone needs to stay late.Sat, 12 Sep 2026 23:00:00 GMTA General-Purpose Robot Meets a Very Specific Dishwasherhttps://postmoneyproblems.com/perspectives/a-very-specific-dishwasher/https://postmoneyproblems.com/perspectives/a-very-specific-dishwasher/The frontier of intelligence contains a chipped cup and an inconveniently loaded rack.Sat, 12 Sep 2026 23:00:00 GMTThe Hacker House Has a Cap Tablehttps://postmoneyproblems.com/perspectives/the-hacker-house-cap-table/https://postmoneyproblems.com/perspectives/the-hacker-house-cap-table/Talent upstairs. Capital at the door. A summer house becomes an institution.Sat, 12 Sep 2026 23:00:00 GMTThe Disruption Comes With a Research Granthttps://postmoneyproblems.com/perspectives/the-research-grant/https://postmoneyproblems.com/perspectives/the-research-grant/Studying AI’s economic consequences is worthwhile. Independence is part of the research design.Sat, 12 Sep 2026 23:00:00 GMTThe New Status Symbol Is a Compute Billhttps://postmoneyproblems.com/perspectives/the-compute-bill/https://postmoneyproblems.com/perspectives/the-compute-bill/Spending more tokens can mean doing more work. It can also mean spending more tokens.Sat, 12 Sep 2026 23:00:00 GMTOpen Source, Closed for Cleanuphttps://postmoneyproblems.com/perspectives/closed-for-cleanup/https://postmoneyproblems.com/perspectives/closed-for-cleanup/The contribution graph is greener. The maintainer is not necessarily happier.Sat, 12 Sep 2026 23:00:00 GMTWe Disrupted the Office by Sleeping in Ithttps://postmoneyproblems.com/perspectives/sleeping-in-the-office/https://postmoneyproblems.com/perspectives/sleeping-in-the-office/The hacker house solves loneliness and rent. It also makes leaving work a surprisingly architectural problem.Sat, 12 Sep 2026 23:00:00 GMTThe Cloud Is a Plumbing Businesshttps://postmoneyproblems.com/perspectives/the-cloud-is-plumbing/https://postmoneyproblems.com/perspectives/the-cloud-is-plumbing/The intelligence is artificial. The heat is refreshingly literal.Sat, 12 Sep 2026 23:00:00 GMTThe General Partner Has a Ring Walkhttps://postmoneyproblems.com/perspectives/the-general-partners-ring-walk/https://postmoneyproblems.com/perspectives/the-general-partners-ring-walk/Celebrity is distribution. Investment judgment still needs its own record.Sat, 12 Sep 2026 23:00:00 GMTThe Last Unautomated Workflow Is Finding a Customerhttps://postmoneyproblems.com/perspectives/finding-a-customer/https://postmoneyproblems.com/perspectives/finding-a-customer/The product is nearly finished. The person who wants it has not yet been located.Sat, 12 Sep 2026 23:00:00 GMTOur Investment Thesis Now Has a Foreign Policyhttps://postmoneyproblems.com/perspectives/the-thesis-has-a-foreign-policy/https://postmoneyproblems.com/perspectives/the-thesis-has-a-foreign-policy/When a venture firm thinks globally, the institutional questions get larger too.Sat, 12 Sep 2026 23:00:00 GMTYour AI Employee Has Discovered the Expense Accounthttps://postmoneyproblems.com/perspectives/the-agents-expense-account/https://postmoneyproblems.com/perspectives/the-agents-expense-account/Autonomy becomes more concrete when another system sends the bill.Sat, 12 Sep 2026 23:00:00 GMTCongratulations on Reinventing the Agencyhttps://postmoneyproblems.com/perspectives/reinventing-the-agency/https://postmoneyproblems.com/perspectives/reinventing-the-agency/Selling the outcome is a powerful idea. Someone still owns delivery.Sat, 12 Sep 2026 23:00:00 GMTThe Year of the Agent Has Been Renewed for Another Seasonhttps://postmoneyproblems.com/perspectives/year-of-the-agent/https://postmoneyproblems.com/perspectives/year-of-the-agent/The technology is moving quickly. Organizational adoption has requested a revised timeline.Sat, 12 Sep 2026 23:00:00 GMTThe Internet Has Achieved Product–Model Fithttps://postmoneyproblems.com/perspectives/product-model-fit/https://postmoneyproblems.com/perspectives/product-model-fit/We have solved the supply of content. Demand has filed a complaint.Sat, 12 Sep 2026 23:00:00 GMTPeace Through Superior Pitch Deckshttps://postmoneyproblems.com/perspectives/peace-through-pitch-decks/https://postmoneyproblems.com/perspectives/peace-through-pitch-decks/Defense autonomy is a serious field. The demonstration should be the beginning of the questioning.Sat, 12 Sep 2026 23:00:00 GMTOur Moat Is Difficult to Put Into Wordshttps://postmoneyproblems.com/perspectives/the-ineffable-moat/https://postmoneyproblems.com/perspectives/the-ineffable-moat/A serious research ambition meets an industry unusually comfortable financing adjectives.Sat, 12 Sep 2026 23:00:00 GMTThe Children Have Been Moved to the Legacy Portfoliohttps://postmoneyproblems.com/perspectives/the-legacy-portfolio/https://postmoneyproblems.com/perspectives/the-legacy-portfolio/Education remains essential. Its fundraising narrative has changed customers.Sat, 12 Sep 2026 23:00:00 GMTThe Velvet Rope Now Accepts Smaller Checkshttps://postmoneyproblems.com/perspectives/the-velvet-rope/https://postmoneyproblems.com/perspectives/the-velvet-rope/Access to private markets is a product. So is the feeling of having arrived.Sat, 12 Sep 2026 23:00:00 GMTOur Agent Passed the Test by Editing the Testhttps://postmoneyproblems.com/perspectives/the-agent-edited-the-test/https://postmoneyproblems.com/perspectives/the-agent-edited-the-test/The benchmark was excellent. We should have placed it outside the examination room.Sat, 12 Sep 2026 23:00:00 GMTWe Invented Superintelligence. Please Keep Your Answers Short.https://postmoneyproblems.com/perspectives/please-keep-your-answers-short/https://postmoneyproblems.com/perspectives/please-keep-your-answers-short/A small note on the cost of being told, at length, that your request is understood.Sat, 12 Sep 2026 23:00:00 GMTThe Funding Round Has Become a Unit of Geographyhttps://postmoneyproblems.com/perspectives/funding-as-geography/https://postmoneyproblems.com/perspectives/funding-as-geography/At $122 billion, the announcement requires less a valuation model than a map.Sat, 12 Sep 2026 23:00:00 GMTWe Have Exhausted Earth’s Zoning Optionshttps://postmoneyproblems.com/perspectives/earths-zoning-options/https://postmoneyproblems.com/perspectives/earths-zoning-options/The data center is going to space. The heat would like to discuss its travel arrangements.Sat, 12 Sep 2026 23:00:00 GMTThe Prototype Is Free. The Consequences Are Subscription-Based.https://postmoneyproblems.com/perspectives/the-prototype-is-free/https://postmoneyproblems.com/perspectives/the-prototype-is-free/Making software is getting easier. Knowing what you made remains a separate subscription.Sat, 12 Sep 2026 23:00:00 GMTJensen Huang Is Selling Shovels to the Shovel Companieshttps://postmoneyproblems.com/perspectives/shovels-for-the-shovel-companies/https://postmoneyproblems.com/perspectives/shovels-for-the-shovel-companies/The infrastructure is extraordinary. Somewhere downstream, a customer still needs a reason.Sat, 12 Sep 2026 23:00:00 GMT