# swe2vc

> The weekly newsletter to help aspiring founders and engineers understand the world of VC.

This file provides information about swe2vc to help large language models understand and reference this publication's content.

## Posts
- [A 4-Year Lease on a 24-Year Bond](https://www.swe2vc.com/p/a-4-year-lease-on-a-24-year-bond): $1.65T of AI debt, disclosed and unread
- [Your Red Flag Is My Term Sheet](https://www.swe2vc.com/p/your-red-flag-is-my-term-sheet): Pitch passion pays +35%. Performance doesn't follow.
- [A House of Cards Isn't Fake](https://www.swe2vc.com/p/a-house-of-cards-isn-t-fake): Every card is real. That's the problem.
- [The Government Wants 5%](https://www.swe2vc.com/p/the-government-wants-5): OpenAI offered. Nobody made it.
- [Bought or Buried](https://www.swe2vc.com/p/bought-or-buried): The only two AI exits left
- [A Rocket Company Owns Your IDE](https://www.swe2vc.com/p/a-rocket-company-owns-your-ide): SpaceX paid $60B for a tool with no moat
- [Fable & The Feds](https://www.swe2vc.com/p/fable-the-feds): A 5:21pm letter, a disputed jailbreak, no proof
- [Price the Recursion](https://www.swe2vc.com/p/new-post-7d5f): Same company, same week, opposite memo
- [The Bottom Rung Is Gone](https://www.swe2vc.com/p/the-bottom-rung-is-gone): Advice for those competing with AI
- [I Used to Make Fun of FDEs](https://www.swe2vc.com/p/i-used-to-make-fun-of-fdes): $5.5B in two weeks says I was wrong
- [Three Companies in a Trench Coat](https://www.swe2vc.com/p/three-companies-in-a-trench-coat): Starlink prints, launch reinvests, xAI bleeds $6.4B
- [The Token Bill Caught Up With Us](https://www.swe2vc.com/p/the-token-bill-caught-up-with-us):  Uber burned its 2026 AI budget by April
- [What China Catches Up On First](https://www.swe2vc.com/p/what-china-catches-up-on-first): Two layers won, two in play, one walled off
- ["You Can't Just Steal a Charity"](https://www.swe2vc.com/p/you-can-t-just-steal-a-charity): Distillation enters the federal court record
- [I Clicked Allow All Again This Week](https://www.swe2vc.com/p/i-clicked-allow-all-again-this-week): A consent screen, an infostealer, and a $2M listing
- [Your New Favorite VC Metric Is Two Guys and an FDA Letter](https://www.swe2vc.com/p/your-new-favorite-vc-metric-is-two-guys-and-an-fda-letter): Output per human, meet liability
- [Your VC Firm Is Now a Codebase](https://www.swe2vc.com/p/your-vc-firm-is-now-a-codebase): 85% of dealmakers use AI daily
- [The Bug I Didn't Know I Left Behind](https://www.swe2vc.com/p/mythos-glm): What Mythos and a $3 model mean for everything ever shipped.
- [Anthropic Claws Back](https://www.swe2vc.com/p/anthropic-claws-back): Saw It Coming?
- [Your AI Startup Is Already Obsolete](https://www.swe2vc.com/p/your-ai-startup-is-already-obsolete): 14,000 startups launched. 5,600 are already gone.
- [Replit Triples to $9B](https://www.swe2vc.com/p/replit-triples-to-9b): Vibe Coding Is a VC Thesis Now
- [When There's Nothing to Diligence](https://www.swe2vc.com/p/when-there-s-nothing-to-diligence): The $1B Code Review Where There's No Code
- [The Plumber Scores a 2. The Developer Scores a 9.](https://www.swe2vc.com/p/the-plumber-scores-a-2-the-developer-scores-a-9): Karpathy mapped 143 million jobs against AI exposure, and the laptop class should be nervous.
- [AI Supervising AI](https://www.swe2vc.com/p/ai-supervising-ai): The Paradox That Actually Works?
- [The hidden infrastructure crisis behind every ChatGPT requests](https://www.swe2vc.com/p/the-hidden-infrastructure-crisis-behind-every-chatgpt-requests): Why Data Center Alley almost went dark
- [Due Diligence at Pre‐Seed/Seed](https://www.swe2vc.com/p/due-diligence-at-pre-seed-seed): What do investors actually make decisions on?
- [Scattering Seeds in the Wind 🌪️](https://www.swe2vc.com/p/scattering-seeds-in-the-wind-f317): The economics of seed stage VC 🌱
- [High Stakes Guessing](https://www.swe2vc.com/p/high-stakes-guessing): Investing in seed startups with minimal data
- [🔫 Holy Sh*t, We're in an AI Arms Race](https://www.swe2vc.com/p/ai-arms-race): ... and I'm Not Sure We're Winning 😱
- [⚡ Big Tech Goes Full‐Stack AI (Part II)](https://www.swe2vc.com/p/big-tech-goes-full-stack-ai-part-ii): ⚔️ How Startups Can Fight Back!
- [⚡ Big Tech Goes Full‐Stack AI](https://www.swe2vc.com/p/big-tech-goes-full-stack-ai): ☣️ The Vertical Integration Threat to Startups (Part I)
- [To Pseudonym or not to Pseudonym !?️](https://www.swe2vc.com/p/to-pseudonym-or-not-to-pseudonym): Bye bye SWEdonym?
- [Startup Metrics 101 for Engineers](https://www.swe2vc.com/p/startup-metrics): Numbers that Matter More Than Code
- [I Almost Left My VC Job for a Sequoia-Backed AI Startup](https://www.swe2vc.com/p/i-almost-left-my-vc-job-for-a-sequoia-backed-ai-startup): ...And Why I Decided to Stay Put
- [🏰 Are There Any Moats in Software Anymore?](https://www.swe2vc.com/p/are-there-any-moats-in-software-anymore): Defensibility in the Copycat Era 🐈‍⬛
- [🔧 Finding Leverage in the Age of AI](https://www.swe2vc.com/p/finding-leverage-in-the-age-of-ai): 2025 & Software 3.0
- [🦄 How VCs Evaluate Feasibility at Pre-Seed](https://www.swe2vc.com/p/how-vcs-evaluate-feasibility-at-pre-seed): Fortune Telling for Future Unicorns
- [🧠 Breaking Into Venture Capital in Silicon Valley as a New Grad](https://www.swe2vc.com/p/breaking-in-for-new-grads): A practical guide
- [The Hard Truth About Startup Survival](https://www.swe2vc.com/p/the-hard-truth-about-startup-survival): What Data Tells Us
- [Bots & Term Sheets for Bots](https://www.swe2vc.com/p/bots-term-sheets-for-bots): How AI helps me juggle code and term sheets in VC
- [A day in the life](https://www.swe2vc.com/p/a-day-in-the-life): A startup Swiss Army Knife
- [IRR > Netflix](https://www.swe2vc.com/p/irr-netflix): Page-Turners That Teach You Venture Capital
- [13. Work Life Balance in VC?](https://www.swe2vc.com/p/work-life-balance): 🦄s & 🦋s
- [12: AI - Hype Cycle or Real Revolution?](https://www.swe2vc.com/p/ai-hype-cycle): 🤖  🗑️🔥 or 🚀