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From here, the futuresignalstacktradelayerfuturecurvepath is clear.

Theses, tools, and data on the AI supercycle — built on 25+ years of being early… From the Porch.

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From the Porch

100+ posts on the AI supercycle, capital markets, and whatever I'm watching. Where the thesis starts.

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My actual take on AI infrastructure, markets, and deals — powered by an AI trained on everything I've written.

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Pitch. Place. Position.

Tools for early-stage founders — deck analysis, stage placement, intro drafting. Built on my pitch & fundraising frameworks.

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STartup Architecture indeX

Real-time tech stack signals from 6,200+ venture-backed startups. The upstream sensor network for public markets.

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What's worth watching right now

Live themes.

Four themes driving how I'm thinking about AI infrastructure and capital markets today.

The GPU-Native Stack

Software is now model-driven and running directly on GPU-like logic. That shift is forcing a full rebuild of the world's digital infrastructure.

Agentic Compounding Inference

Inference is continuous and accelerating. Agentic systems — models calling other models — turn that loop exponential.

The Financialization of Compute

Compute is becoming a financeable asset class — more like electricity, oil, railroads than traditional hardware. Capital is already organizing around it.

Bottleneck Whack-a-Mole

AI infrastructure is a sequence of bottlenecks. GPUs → power → memory → orchestration. The real trade is spotting what's starting to strain next.

Latest from the Porch

Recent writing

Read here first, decide whether to subscribe after.

APR 27 2026

Stealth Scarcity: CPUs.

The AI shortage nobody's calling a shortage. Tokens got cheaper. Tasks got more expensive.

APR 13 2026

Orchestration. Everywhere.

Managed agents don't kill the network — they expand it. STAX data: Cloudflare 49% vs CloudFront 32% across 6K+ VC-backed startups.

APR 01 2026

Capital Was a Bottleneck

CoreWeave raised $8.5B in investment-grade debt. That's demand becoming financeable. Contracts are the credit now.

SEE ALL WRITING →

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