Insights

How we think.

Notes on the model, the portfolio and building frontier technology from Europe.
AI & DEVELOPER TOOLS

From Prompt Engineering to Loop Engineering

Why the next phase of AI development is less about perfect prompts and more about designing systems that plan, validate, recover and iterate.

2 Jul 2026 · 5 min read
AI OPERATIONS

The AI Chief of Staff Is Coming

AI assistants are moving beyond prompt-and-response tools. The next step is continuity: priorities, follow-ups, context, and decisions that stay organized over time.

29 Jun 2026 · 5 min read
TRUST

Why Every User Deserves Their Own AI Workspace

Useful agent infrastructure should not treat people as anonymous sessions in a shared chatbot. It should give each user a private, isolated AI agent workspace.

28 Jun 2026 · 4 min read
WORKFLOW

Your AI Agent Should Live Where You Already Work

AI agents become useful when they meet users in Slack, the browser, messaging, project tools, and daily workflows instead of forcing another dashboard.

27 Jun 2026 · 4 min read
STRATEGY

Asymmetric Innovation

How Europe wins the AI race by refusing to run it. A Chinese model erased $589 billion from Nvidia in a single day · and the lesson is not to spend more, but to stop trying.

23 Jun 2026 · 12 min read
CATEGORY & MODEL

The Listed Studio: what changes when a venture builder goes public

Why putting a venture builder on a public market is a feature, not a contradiction · permanent capital, public discipline, and the MLPTZ case.

19 Jun 2026 · 9 min read
CATEGORY & MODEL

The operator-investor model, defined

What the operator-investor model is, how it differs from passive capital and advisory VC, why senior operators embed inside companies, and why it compounds.

17 Jun 2026 · 8 min read
INVESTOR RELATIONS

MLPTZ explained: ticker, ISIN, and the road to Euronext Growth

MLPTZ is the Euronext Access Paris ticker for Pyratz Corp. (ISIN FR0013371507). The facts on shares, status, calendar and how to invest.

14 Jun 2026 · 7 min read
INVESTOR RELATIONS

How to Buy MLPTZ Stock (Pyratz Corp): A Practical Guide

A practical guide to buying MLPTZ stock (ISIN FR0013371507) on Euronext Access Paris: securities account, limit orders, listing status, and risks.

11 Jun 2026 · 7 min read
CATEGORY & MODEL

Venture Builder vs Venture Studio vs VC: A Working Taxonomy

A sourced comparison of venture builders, studios, accelerators, incubators and VCs · on equity, involvement, capital and IRR, plus the listed-studio case.

9 Jun 2026 · 9 min read
PUBLIC MARKETS

Euronext Access vs Euronext Growth: the right market at the right time

A plain-English comparison of Euronext Access vs Growth · listing requirements, disclosure, liquidity and investor profile · with a clear table and a live case study.

4 Jun 2026 · 9 min read
CATEGORY & MODEL

How venture studios actually make money (and where the IRR comes from)

An honest breakdown of venture studio economics: founder equity, fund fees, higher ownership at formation, and where the quoted IRR really comes from.

27 May 2026 · 9 min read
ON-CHAIN FINANCE

Confidential on-chain finance: why privacy is the missing layer

Why public blockchains' transparency blocks institutional adoption · and how fully homomorphic encryption (FHE) makes confidential on-chain finance possible.

21 May 2026 · 9 min read
VISION

Sovereign by design: financing Europe's frontier infrastructure

The infrastructure of the next decades is being built now. We think more of it should be owned and governed from Europe.

21 May 2026 · 5 min read
PUBLIC MARKETS

Reverse takeover, not IPO: how a company can go public differently

How a reverse takeover lets a company go public without an IPO · the mechanism, its mixed reputation, and our own RTO into Euronext as the live case.

14 May 2026 · 9 min read
PUBLIC MARKETS

Everyone says the public markets are dead. We just listed into that.

Fewer IPOs, companies staying private longer, the market written off · and exactly why Pyratz listed as a small cap on Euronext. The contrarian case.

7 May 2026 · 10 min read
FRONTIER TECH

Sovereign AI: How Europe Wins by Refusing to Run the Same Race

Europe won't catch America or China on scale. It wins by leveraging its asymmetric strengths: ASML, clean energy, talent, industrial data, and privacy.

30 Apr 2026 · 9 min read
ON-CHAIN FINANCE

Tokenized funds need confidentiality and a regulatory wrapper

Tokenized funds stall on two barriers: privacy and compliance. Why the winning design pairs confidentiality (FHE) with a UCITS-style regulatory wrapper.

29 Apr 2026 · 9 min read
PORTFOLIO

Built to compound: how each company makes the next one easier

A portfolio is not a list of bets. Built well, every company sharpens the tools, network and data the next one starts with.

29 Apr 2026 · 3 min read
FRONTIER TECH

Europe builds the deep tech and exports the upside: the funding gap

Europe builds the world's deep tech but captures little of the capital. Here is the data on the funding gap · and what an operator-investor does about it.

19 Apr 2026 · 11 min read
AI & DEVELOPER TOOLS

We built an AI that beta-tests your app

What Gadget taught us about the gap between tests that pass and products that are actually ready to ship.

13 Apr 2026 · 6 min read
FRONTIER TECH

A Regulatory Moat Is an Asset Class

In Europe, compliance, confidentiality and data residency are not friction but a durable, investable advantage in deeptech. Here is the thesis.

9 Apr 2026 · 9 min read

Stay with the fleet

Get IR updates.

Press releases, results and regulated announcements · straight to your inbox.

We only send investor-relations updates. Unsubscribe anytime.

We use analytics cookies to understand how this site is used. You can accept or decline. Cookie policy