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Heat Waves and Hard Tech
Stay cool, everyone!
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Mike Annunziata
AI for Maritime Intelligence: Announcing AndrenaM's $10M Seed Round
Building the world's first distributed sensor network enabling low cost, persistent maritime awareness
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Mike Annunziata
Why Hard Tech Portfolios Should Be Concentrated
Breaking VC Dogma
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Mike Annunziata
Be the First, Best, or Only
Why positioning is key to success in Hard Tech
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Mike Annunziata

May 2025

The Most Important Investment Metric in Hard Tech
It's not revenue.
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Mike Annunziata
Introducing the 2025 Also Capital Summer Scouts
Round 2!
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Mike Annunziata
Why Big Inventions Take So Long to Matter
And why developing the supporting ecosystem is where value will accrue
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Mike Annunziata
1
Public Goods and Privatization
Lessons for Hard Tech from the history of privatized infrastructure
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Mike Annunziata

April 2025

The Art and Math of Follow-on Decisions
Disclaimer: This is a VC math nerd post… and it isn’t perfect. Feedback welcome! :)
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Mike Annunziata
Doubling Down on Northwood
Announcing their $30M Series A, co-led by a16z and Alpine Space
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Mike Annunziata
The New Industrial Base
Why reindustrialization is about systems, not steel
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Mike Annunziata
The Three Categories of Hard Tech VCs
Originators, Seeders, and Scalers
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Mike Annunziata
© 2025 Mike Annunziata
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