News

Perspectives on seed-stage venture capital, technology, and the principles behind building enduring companies.

Seed round mechanics
Fundraising
The Anatomy of a $5M Seed Round in 2025

A detailed breakdown of how seed rounds are structured today — valuations, dilution, convertible instruments, board composition, and the ten things founders should negotiate before signing a term sheet.

Marcus W. Holt  |  March 5, 2025  |  12 min read
AI native startups
Artificial Intelligence
Why AI-Native Startups Need a Different Playbook

Building a company around AI models is fundamentally different from traditional SaaS. We outline the product, organizational, and go-to-market adaptations that separate successful AI-native companies from those that fail to gain durable traction.

Priya Anand  |  February 18, 2025  |  15 min read
Why We Bet on Health Technology at the Seed Stage: The Curevstone Investment Thesis
Insights
Why We Bet on Health Technology at the Seed Stage: The Curevstone Investment Thesis

Curevstone Capital's investment thesis: why we back health technology at the seed stage, and why the next decade belongs to health AI and biotech.

Curevstone Capital  |  March 2025  |  8 min read
Venture capital meeting
Venture Capital
What We Look for When We Meet a Seed-Stage Founder

Honest perspectives from our investment team on the signals — tangible and intangible — that make us want to write the first check. A candid inside view of what actually moves an early-stage investment decision.

Marcus W. Holt  |  January 29, 2025  |  10 min read
Deep technology research
Deep Technology
How to Build a Deep Tech Company Without Running Out of Runway

Deep technology companies face a unique challenge: the timelines required for scientific progress often exceed the patience of early-stage investors. We share frameworks for managing this tension and securing patient capital without giving away too much equity too early.

Priya Anand  |  January 10, 2025  |  14 min read
Global startup operations
Global Strategy
Building Global from Day One: Why Geography is No Longer a Barrier at Seed Stage

The next generation of enduring technology companies will not be built in a single market. We explore the structural changes in capital availability, remote operations, and developer ecosystems that have made geographic diversification a competitive advantage rather than a logistical challenge for seed-stage founders.

Daniel Frost  |  December 4, 2024  |  13 min read
The Climate Tech Investment Thesis: Not Just ESG, But the Next Trillion-Dollar Market
Insights
The Climate Tech Investment Thesis: Not Just ESG, But the Next Trillion-Dollar Market

Climate tech is no longer a niche ESG play—it's the defining investment opportunity of the next decade. Curevstone Capital explains why we're betting on the trillion-dollar climate transition.

Curevstone Capital  |  March 2025  |  8 min read
Deep Tech Needs Patient Capital: How We Evaluate 10-Year Returns at the Seed Stage
Insights
Deep Tech Needs Patient Capital: How We Evaluate 10-Year Returns at the Seed Stage

Deep tech requires patient capital. Curevstone Capital explains how we evaluate 10-year return profiles at the seed stage, with lessons from PsiQuantum, Commonwealth Fusion, and Form Energy.

Curevstone Capital  |  March 2025  |  8 min read
The Acquisition-Led Growth Model: How Bending Spoons Rewrote the Startup Playbook
Insights
The Acquisition-Led Growth Model: How Bending Spoons Rewrote the Startup Playbook

How Bending Spoons built a $11B tech empire not by building from scratch, but by acquiring stalled products and rebuilding them into growth machines — and what it means for the future of startup building.

Curevstone Capital  |  March 2025  |  8 min read
From Copilots to Agents: How AI Is Reshaping Business Models Across Every Industry
Insights
From Copilots to Agents: How AI Is Reshaping Business Models Across Every Industry

From Copilots to Agents to AI-enabled Services: how large language models are reshaping business models across every industry, and what this means for founders building in the AI era.

Curevstone Capital  |  March 2025  |  8 min read
The First Check That Changes Everything: A Founder's Perspective on Early-Stage VC
Insights
The First Check That Changes Everything: A Founder's Perspective on Early-Stage VC

What the story of Return Helper and founder Roy Wan teaches us about the true meaning of a first check — and why the right early investor changes everything for a startup.

Curevstone Capital  |  March 2025  |  8 min read
Global Founders, Local Markets: Why the Best Companies Are Built by Immigrants and Outsiders
Insights
Global Founders, Local Markets: Why the Best Companies Are Built by Immigrants and Outsiders

Stripe, Wise, Zoom, Revolut — the most transformative companies of the past two decades were built by founders who came from somewhere else. Curevstone Capital explores why outsider perspective is a startup superpower.

Curevstone Capital  |  March 2025  |  8 min read
What LTV Really Means: The Metric Every Startup Founder Needs to Master
Insights
What LTV Really Means: The Metric Every Startup Founder Needs to Master

LTV is one of the most misunderstood metrics in the startup world. Here's what lifetime value really means, how to calculate it correctly, and how early-stage founders should use it to make smarter decisions about growth, pricing, and fundraising.

Curevstone Capital  |  March 2025  |  8 min read
Why VCs Don't Sign NDAs — And What Founders Should Do Instead
Insights
Why VCs Don't Sign NDAs — And What Founders Should Do Instead

Venture capital firms almost universally decline to sign NDAs before initial meetings. Here's why — and what founders can do to protect their business without one.

Curevstone Capital  |  March 2025  |  8 min read
Why AI Infrastructure Is the Most Important Investment Opportunity of This Decade
Insights
Why AI Infrastructure Is the Most Important Investment Opportunity of This Decade

Why AI infrastructure is the defining investment opportunity of the 2020s — and how Curevstone Capital is positioning at the seed stage to capture it.

Curevstone Capital  |  March 2025  |  8 min read