by billdecker | Jun 12, 2026 | Investor Education
Most people read a cap table like a spreadsheet: rows, names, percentages, done. Investors read it like a story — who took risk when, what each round’s terms say about the company’s negotiating position at the time, and where the next fault line probably...
by billdecker | May 26, 2026 | Investor Education
Dilution is one of those concepts every new angel nods along to and few can actually compute on the spot. Here’s the plain-English version, with the math made visible instead of hand-waved. The core idea in one sentence Every time a company issues new shares —...
by billdecker | May 8, 2026 | Investor Education
Before you wire money into any early-stage deal — equity or token — run it through these fifteen questions. Most diligence failures aren’t from asking the wrong questions; they’re from not asking any of them out loud, because it felt awkward to interrupt...
by billdecker | Apr 21, 2026 | Investor Education
“I’m diversified” is one of the most comforting sentences in investing, and one of the least examined. Owning twelve things isn’t a strategy — it’s often just twelve unexamined opinions wearing a portfolio’s clothing....
