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Notes from the intersection of AI and venture capital.
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How outcome-based pricing is replacing seat-based subscriptions as AI agents take on more work — and what it means for the next generation of software companies.
What it takes for early-stage SaaS founders to reach IPO scale — updated benchmarks on growth rates, timelines, and the minimum bar at each revenue stage.
How software startups balance growth rates against cash burn, introducing the burn multiple metric and benchmarking tools to help founders assess performance relative to peers.
Scale led a $60M Series B for GC AI — a legal tech platform for in-house counsel that automates research, contract review, and policy drafting with AI.