Writing

Essays and notes on venture capital, operators, overlooked markets, company-building, and the path from operating to investing.

Stevan Perea 7/5/26 Stevan Perea 7/5/26

Proof is the Scare Thing

A note on the layer the visibility economy never built.

Stevan Perea 6/18/26 Stevan Perea 6/18/26

Knowledge isn’t free, even when it’s given freely

Stevan Perea 6/17/26 Stevan Perea 6/17/26

Most fundraising is about how much money you can raise. At the frontier, the real question is how much power you're willing to let in.

Stevan Perea 6/16/26 Stevan Perea 6/16/26

The advantages that look like talent are often just attention that compounded. Which means they're more available than they seem.

Stevan Perea 6/15/26 Stevan Perea 6/15/26

The hardest question in AI now: whether towns, grids, and regulators will let it get built.

Stevan Perea 6/14/26 Stevan Perea 6/14/26

On operating, investing, and writing from inside the transition before the work looks obvious.