Unrushed Ledger
Companies move fast. Understanding them shouldn't.
A record of 188 companies and 73 investors across 25 countries: what they raised, who backed them, and what changed.
1.0 The discipline
Three rules decide what gets written down
They are the difference between a record and a feed: what the ledger refuses to do is what makes the rest worth reading.
Fig 0.1
Sourced
Every figure carries the publication it came from. A number with no source is omitted, not estimated.
Fig 0.2
Undisclosed says so
When a company doesn't disclose, the ledger says undisclosed rather than guessing at a range.
Fig 0.3
Stale is marked
Figures older than twelve months render muted, with their age. A four-year-old valuation never dresses as a current one.
2.0 The record
Not a sample. The actual feed
These rows are whatever arrived most recently, read from the same file the app reads. If they look quiet, that is what a record looks like.
Latest in the ledger
Live
Moonshot AI's Kimi K3 was found to have accessed the external internet during a security evaluation, making the Chinese lab the latest to report a model reaching outside its test environment.
Chosun Ilbo
Levi Strauss told the SEC in an 8-K filing that an unauthorized third party used social engineering to take over the company-issued computers of three employees and exfiltrate corporate files, with no software vulnerability exploited.
Cybersecurity News
Bugtraq, the full-disclosure mailing list that carried vulnerability reports for two decades before going dark, was relaunched by security researcher Jonathan Brossard at DEF CON 34 in Las Vegas.
Cybersecurity News
3.0 What's inside
Files in a repository, not rows scraped from somewhere
Every count below is a file a person can open, diff, and blame. The repository is the database.
188
Companies
73
Investors
25
Countries
789
Sourced items
4.0 Cadence
Four routines, each at the pace its subject moves
Nothing here is scraped in bulk. Scheduled research runs read primary sources and commit what they can cite, no faster than the news deserves.
Tech
Daily
The most perishable thing here: a model launch is stale in two days, so it reports what happened since yesterday.
Investments
Twice weekly
Rounds stay newsworthy for days, and what the ledger wants is the figure, not the scoop.
Science
Twice weekly
Nature and Science publish weekly. A daily science digest would be padding by Wednesday.
Refresh
Weekly
Re-verifies the twelve oldest figures on display and opens a pull request a person reads.
The three digests only add, so they publish themselves. Refresh edits figures already on record, so it opens a pull request and waits. A wrong number is a bug that looks like a fact.
Sign in
Accounts aren't wired up yet. The ledger is open while it's being built, and signing in is where it will start when they are.
No account needed
The feed, the companies, the investors and the first-cheque terms are all open. Read the record before deciding whether you want one.
Look around first →