The Leverage

The Leverage

Cheers to VCs Taking Insane Risks

The Weekend Leverage, September 21

Evan Armstrong's avatar
Evan Armstrong
Sep 21, 2025
∙ Paid

This week was a good one for tech startups. For a decade, almost all VC risk capital was poured into software applications. This was a great strategy for generating turns, but didn’t make a radically better world. This week, there were signs of that changing. Billions of dollars have been poured into companies embracing real-world inventions like roboti…

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