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Memos for Tomorrow

One shift a month in the markets we track, and how others captured it.

Memo · October 2026

Venture Building Is a Capability, Not a Corporate Department.

Most companies treat venture building as a new department. It is a new capability, and it needs to be built differently.

7 min read

Memo · October 2026

The Business of Tomorrow

Every established company runs two businesses: the one that pays today's bills, and the one that will have to pay tomorrow's. The business of tomorrow will not arrive as a plan. It will be found.

5 min read