ORIGINEER / INSIGHTS
Ideas for people
who build.
Occasional notes on technology, operations, capital and building durable companies from British Columbia.
Inside the Investment Decision
A Fair Deal Must Survive the Next Round
Investment terms should preserve founder motivation, future financing and proportional risk after the first cheque is gone.
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What Would Make Us Change Our Mind?
A disciplined decision states the evidence, milestone or structural change that could reverse it.
Inside the Investment DecisionSeptember 2026 · 4 min read
What Must Be True for This Investment to Work?
An investment case becomes clearer when its essential assumptions are written as statements that can be tested.
Inside the Investment DecisionSeptember 2026 · 4 min read
A Good Company Can Still Be a Bad Investment
The business was profitable, useful and capable of becoming more valuable. What it could not do was turn additional capital into venture-scale growth.
Inside the Investment DecisionSeptember 2026 · 5 min read
