Blog

Essays from members and speakers

Stories from the people who deploy capital: essays by Legends speakers on how they decide, what they look for and what they learned the hard way.

Why investors sit out funding rounds, what founders reveal between raises, and when stronger conviction is worth a higher valuation.Read the essay Alex Felman

What Happens When the Investor Says “Not This Round”

How CapitalT looks at traits, human capital, team dynamics and three kinds of entrepreneurial passion, and the Friday afternoon of two calls.Read the essay Janneke Niessen

Before the Numbers, I Read the Team

Why AI leaves distribution as the only moat, and how he counts community in five circles, from 300,000 down to 30.Read the essay Varun Malik

Your Moat Was Never the Product

Nobody defines it, and equity is what pays for it.Read the essay Julius Bachmann

What We Mean When We Ask for Ownership

Why what is not core to a company became his core, and where that same move now runs from India’s capability centers to AI.Read the essay Vijay Sivaram

What Is Not Core to a Company, I Make It My Core

The four gates he now reads through them, and what stayed expensive.Read the essay Walied Albasheer

Slop Is Not Bad Work