Journal

Notes from the corridor.

Thinking on markets, data, and pricing intelligence.

June 202611 min read
Volt Delta: condition-adjusted clearing prices for used electric vehicles
The used EV market is the fastest growing secondary asset class on the planet. Two vehicles with identical paperwork can be worth thousands apart depending entirely on battery condition. Volt Delta is an investigation into the missing variable.
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June 20269 min read
Yellow Edge: pricing intelligence for used construction equipment
The global secondary market for used construction equipment is valued at over $130 billion annually. Almost none of it is priced with any real intelligence. Yellow Edge is an investigation into hardware.
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June 20266 min read
Why we only go where the pricing is broken
The investment corridor isn't a sector. It is a condition shared by markets that have little else in common: opacity, volume, and incumbent complacency, repeated again and again.
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June 20267 min read
How we decide whether to build
Most ventures fail before they launch. Often the product was sound. The fault lies in a question that was never properly asked.
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Next: Projects

See the ventures in flight.

2 in flight, 6 in the backlog. Each one a market priced by instinct, until now.

View all projects