Josef Holm

Personal notes on technology, companies, and judgment.

I write about AI, company building, investing, and the operating lessons that keep showing up after the meeting ends.

Themes

A few threads I keep coming back to.

Theme

AI, software, crypto, and infrastructure when the practical consequence matters more than the announcement.

Theme

Notes from building companies, changing your mind, getting timing wrong, and learning which lessons keep paying rent.

Theme

Venture rooms, public stages, long cycles, and the strange places where signal survives the noise.

Recent writing

OpenAI slowed. Apple, Anthropic, and OpenAI now race on context, not intelligence. AI Fragmentation is why mid-market firms cannot compete.

The smartest AI agent in your stack is worth nothing if it cannot tell the others what changed. The loop above the loops is the only one that.

Munich ruled Google owns what its AI says. Mississippi sanctioned lawyers for AI briefs. If AI output leaves your firm, you own it.