The ADIN blog
Better questions. Clearer decisions.
Practical guides and worked examples for founders, angel investors, scouts, limited partners, and fund managers.
601 / Limited partners
a pre-seed venture fund: Ask how the manager allocates opportunities, expenses, and attention among funds, SPVs, personal holdings, and related relationships.
Read the guide →602 / Founders
AI workflow automation: Map buyer, daily user, champion, administrator, and approver separately.
Read the guide →603 / Angel investors
a climate software startup: Write a decision memo that separates the company story from the investor's reasoning.
Read the guide →604 / Limited partners
a seed venture fund: An LP review should connect the manager's claims, the evidence, the economics, the operating model, and the unresolved risks.
Read the guide →605 / Founders
AI analytics copilots: Set success criteria before the pilot begins and define who measures them.
Read the guide →606 / Angel investors
a deep tech startup: Test market assumptions from the buyer upward.
Read the guide →607 / Limited partners
an AI specialist venture fund: Track-record attribution asks what the person actually did on each investment.
Read the guide →608 / Founders
AI document processing: Request the minimum data needed to answer the pilot's learning question.
Read the guide →609 / Angel investors
a healthcare software startup: Evaluate the team against the work required to reach the next milestone.
Read the guide →610 / Limited partners
a sector specialist venture fund: DPI, RVPI, and TVPI distinguish distributed value, remaining value, and their total relative to paid-in capital under the stated definitions.
Read the guide →611 / Founders
AI customer support agents: Explain retention as a set of specific data types and lifecycles.
Read the guide →612 / Angel investors
an early marketplace startup: A valuation discussion should make the assumptions and the investment instrument visible.
Read the guide →613 / Limited partners
a generalist venture fund: Trace fees and expenses through the fund's governing documents and reports.
Read the guide →614 / Founders
AI voice agents: Stress-test margins by changing one uncertain input at a time, then combine plausible adverse changes.
Read the guide →615 / Angel investors
a hardware startup: Read a SAFE as a specific agreement rather than a synonym for equity with a fixed ownership percentage today.
Read the guide →616 / Limited partners
a micro venture fund: Capital calls connect the fund commitment to actual funding obligations under the governing documents.
Read the guide →617 / Founders
AI coding tools: Reduce switching costs by understanding the provider-specific behavior the product relies on.
Read the guide →618 / Angel investors
a consumer product startup: Assess overlap by the underlying exposures and dependencies of the portfolio, not only company labels.
Read the guide →619 / Limited partners
a cross-border venture fund: Test whether fund size, initial checks, reserves, costs, and company count fit together.
Read the guide →620 / Founders
AI code review tools: Build a bottom-up market estimate from a defined buyer population and a plausible purchasing unit.
Read the guide →621 / Angel investors
a fintech software startup: Reassess a follow-on using the evidence and terms available now.
Read the guide →622 / Limited partners
a venture fund of funds: Investigate unrealized values through the policy, valuation date, evidence, and review process.
Read the guide →623 / Founders
AI developer APIs: Choose an initial distribution channel by where the intended buyer can be reached and how a useful conversation begins.
Read the guide →624 / Angel investors
a pre-revenue B2B SaaS startup: Identify conflicts by mapping incentives and relationships around the deal.
Read the guide →