East Wind

Vibe Excel and the Future of White-Collar Work

For the past few months, I’ve been trying to “vibe Excel” (using ChatGPT and Anthropic’s Excel add-ons for investment workflows).

May 13 • Kevin Zhang

7

February 2026

The SaaS Bloodbath: Opportunities and Perils for Investors

Software has taken a brutal beating in recent weeks, with many names down ~20% year-to-date.

Feb 11 • Kevin Zhang

21

4

4

December 2025

Power Overwhelming

Do we need to fill a $1.5T AI revenue hole, or are AI bubble fears a nothingburger?

Dec 4, 2025 • Kevin Zhang

15

1

1

August 2025

Capital and Industry

Why AI's moat is capital

Aug 19, 2025 • Kevin Zhang

38

4

8

June 2025

Frontier AI Labs: the Call Option to AGI

Since the launch of ChatGPT less than three years ago, the pace of AI development has only accelerated.

Jun 11, 2025 • Kevin Zhang

23

1

1

March 2025

The Wisdom of Bill Gurley

A Commentary on Tariffs and American Competitiveness

Mar 12, 2025 • Kevin Zhang

27

2

7

January 2025

5 Takeaways from CalSTRS’ Private Equity Performance Report

In an era where private market investing is undergoing a sea change, CalSTRS' (California State Teachers Retirement System) latest private equity…

Jan 14, 2025 • Kevin Zhang

12

November 2024

The Future of Programming: Copilots vs. Agents (Part I)

With the the launch of Github Spark and multi-model support in late October, Microsoft has fired another salvo at AI code-generation startups, bringing…

Nov 12, 2024 • Kevin Zhang

25

6

2

September 2024

Where Returns Lie in Venture Capital

Recently, I’ve been thinking a lot about the nature of early-stage venture investing.

Sep 17, 2024 • Kevin Zhang

33

9

4

July 2024

Zombiecalypse in Startupland

For investors and founders who are tuned into the current VC pulse, there’s no question that the industry is in a very weird state right now.

Jul 30, 2024 • Kevin Zhang

11

4

A Deep Dive on AI Inference Startups

In my last post, Investing in the Age of Generative AI, I presented a framework for investing in Generative AI startups.

Jul 10, 2024 • Kevin Zhang

106

11

12

June 2024

Investing in the Age of Generative AI

By now, it should be obvious to anyone working on or investing in ML/AI that we’re currently in an AI “summer” — with the frothiness of the funding…

Jun 26, 2024 • Kevin Zhang

43

4

6