Writing & news

Playbook, news,
and the occasional comparison.

Not a content farm. A mix of articles, feature announcements, fundraising tips, and the comparisons people ask us about. Written by operators, edited by people who care about commas.

FEATURED · PLAYBOOK
A modern seed round, in eight steps.
Playbook · 6 min read

A modern seed round, in eight steps.

The canonical sequence of a 2026 seed round is mostly the same as it was in 2018 — but three things changed in quiet, important ways. Here's the whole sequence.

Opinion

Tools give you instruments. Arx gives you a process.

Why opinionated software beats blank canvases — especially for founders doing something hard, for the first time, on a clock.

Julien Khoury · May 9 · 5 min
Arx vs.

Arx vs. Carta — life-stage tools, not direct competitors.

Carta is excellent at being Carta. It is also $240/mo, gated by a sales call, and built for companies with general counsel. We are not that.

Anya Söderberg · May 2 · 5 min
Playbook

The monthly investor update, structurally.

Five blocks: Headline, Highlights, Lowlights, Asks, Traction. Why updates feel optional — and why that hurts your next round more than you think.

Elena Marlow · Apr 25 · 6 min
Arx vs.

Arx vs. DocSend — what changes when the deck talks to everything else.

DocSend owns the heatmap. Arx owns the workspace. The behaviour change when deck, CRM, and data room share the same memory of your investor.

Julien Khoury · Apr 18 · 6 min
Playbook

How to read your own pitch-deck heatmap.

Four heat patterns and what they actually mean. Heat is not interest, and interest is not thesis fit. Read the deck heatmap honestly.

Anya Söderberg · Apr 11 · 7 min
Opinion

The cost of a "blank workspace."

The hidden weekend tax of "setting up the workspace." Why it feels productive, what it actually costs you, and the thing you should be doing instead.

Rafael Pérez · Apr 4 · 5 min
Playbook

Build a seed list that isn't "everyone on Crunchbase."

Tier A/B/C, warm paths, hard disqualifiers. The two-page method we use to build a seed pipeline that is 80–120 partners deep, not 400 logos wide.

Elena Marlow · Mar 28 · 7 min
Playbook

What goes in the data room before the second meeting.

The 38-item, six-section seed packet. What investors expect by call two, what most founders miss, and how to scope per viewer.

Anya Söderberg · Mar 22 · 6 min
News

Arx now supports priced rounds in pro-forma scenarios.

Pre-money, post-money, pool top-up, lead participation, SAFE conversion — all in forecast / pro-forma. Live as of this week.

Anya Söderberg · Mar 19 · 3 min
Company

We raised a $4M seed, led by Iconiq Emerge.

Closed our own round, in our own product, in eleven weeks. The note we wrote to our investors the day after the wire.

Elena Marlow · Mar 17 · 4 min
Opinion

Fundraising is sales. Treat it like sales.

Why fundraising is sales — and why founders who refuse the framing close slower than the ones who don't. The pipeline is the round.

Julien Khoury · Mar 15 · 6 min
12 entries
The brief

Mondays, pre-read.

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