<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"><channel><title>Journal · DM &amp; Associates</title><description>Written by our founder on go-to-market, pricing, fundraising strategy and governance for seed-stage companies. Every claim carries its source.</description><link>https://dmassociates.xyz/</link><language>en-GB</language><item><title>Why your pitch leads with the wrong thing</title><link>https://dmassociates.xyz/journal/why-your-pitch-leads-with-the-wrong-thing/</link><guid isPermaLink="true">https://dmassociates.xyz/journal/why-your-pitch-leads-with-the-wrong-thing/</guid><description>Investors say they back founders rather than ideas, yet most pitches lead with the idea. The cause is shallow customer discovery, not weak presentation.</description><pubDate>Tue, 12 May 2026 00:00:00 GMT</pubDate><category>Fundraising</category></item><item><title>Seed is the new Series A, and what that means if you are raising pre-seed</title><link>https://dmassociates.xyz/journal/seed-is-the-new-series-a/</link><guid isPermaLink="true">https://dmassociates.xyz/journal/seed-is-the-new-series-a/</guid><description>Cheaper building has pushed seed-stage expectations earlier. Pre-seed founders are now assessed on validation evidence they have often not gathered.</description><pubDate>Mon, 11 May 2026 00:00:00 GMT</pubDate><category>Fundraising</category></item><item><title>Choosing your first SaaS hire: marketer vs salesperson</title><link>https://dmassociates.xyz/journal/choosing-your-first-saas-hire-marketer-vs-salesperson/</link><guid isPermaLink="true">https://dmassociates.xyz/journal/choosing-your-first-saas-hire-marketer-vs-salesperson/</guid><description>Your first commercial hire follows from your go-to-market motion. Inbound and product-led needs a marketer; outbound to named accounts needs a seller.</description><pubDate>Thu, 30 Oct 2025 00:00:00 GMT</pubDate><category>SaaS</category></item><item><title>A founder&apos;s playbook for changing your pricing without losing customers</title><link>https://dmassociates.xyz/journal/a-founders-playbook-for-evolving-your-pricing-without-alienating-your-customer-base/</link><guid isPermaLink="true">https://dmassociates.xyz/journal/a-founders-playbook-for-evolving-your-pricing-without-alienating-your-customer-base/</guid><description>Moving customers off legacy pricing: three grandfathering options, how to communicate the change, and the internal alignment that has to come first.</description><pubDate>Thu, 23 Oct 2025 00:00:00 GMT</pubDate><category>SaaS</category></item><item><title>How to structure good-better-best pricing tiers that drive expansion revenue</title><link>https://dmassociates.xyz/journal/how-to-structure-a-good-better-best-pricing-tier-that-naturally-drives-upsell-and-expansion-revenue/</link><guid isPermaLink="true">https://dmassociates.xyz/journal/how-to-structure-a-good-better-best-pricing-tier-that-naturally-drives-upsell-and-expansion-revenue/</guid><description>Give each pricing tier a job, build value fences with jobs-to-be-done, and design an upgrade path customers take as they grow.</description><pubDate>Wed, 15 Oct 2025 00:00:00 GMT</pubDate><category>SaaS</category></item><item><title>A template for reporting SaaS metrics that builds confidence</title><link>https://dmassociates.xyz/journal/a-template-for-reporting-saas-metrics-that-build-confidence-and-de-risk-your-next-round/</link><guid isPermaLink="true">https://dmassociates.xyz/journal/a-template-for-reporting-saas-metrics-that-build-confidence-and-de-risk-your-next-round/</guid><description>A structure for the monthly or quarterly investor update: a short summary, an honest narrative, a small KPI dashboard, and specific asks.</description><pubDate>Wed, 08 Oct 2025 00:00:00 GMT</pubDate><category>SaaS</category></item><item><title>The modern AI pricing dilemma</title><link>https://dmassociates.xyz/journal/the-modern-ai-pricing-dilemma/</link><guid isPermaLink="true">https://dmassociates.xyz/journal/the-modern-ai-pricing-dilemma/</guid><description>How to price a generative AI product when inference costs vary with use and the underlying models keep getting cheaper every few months.</description><pubDate>Wed, 24 Sep 2025 00:00:00 GMT</pubDate><category>Deep Tech</category></item><item><title>Why trust is the essential moat for AI startups</title><link>https://dmassociates.xyz/journal/why-trust-is-the-essential-moat-for-ai-startups/</link><guid isPermaLink="true">https://dmassociates.xyz/journal/why-trust-is-the-essential-moat-for-ai-startups/</guid><description>When model performance becomes a utility, defensibility shifts to reliability, transparency and fairness. How to build and measure that.</description><pubDate>Wed, 17 Sep 2025 00:00:00 GMT</pubDate><category>Deep Tech</category></item><item><title>Your first 100 users: a go-to-market playbook for vertical AI startups</title><link>https://dmassociates.xyz/journal/your-first-100-users-a-go-to-market-playbook-for-vertical-ai-startups/</link><guid isPermaLink="true">https://dmassociates.xyz/journal/your-first-100-users-a-go-to-market-playbook-for-vertical-ai-startups/</guid><description>Why SaaS growth playbooks fit vertical AI poorly, and what to do instead: one critical workflow, deep integration, and an enabled internal champion.</description><pubDate>Wed, 10 Sep 2025 00:00:00 GMT</pubDate><category>Deep Tech</category></item><item><title>How to acquire your minimum viable dataset efficiently</title><link>https://dmassociates.xyz/journal/how-to-acquire-your-minimum-viable-dataset-efficiently/</link><guid isPermaLink="true">https://dmassociates.xyz/journal/how-to-acquire-your-minimum-viable-dataset-efficiently/</guid><description>Eight capital-efficient plays for acquiring the smallest useful dataset, and how each one evolves into a compounding data flywheel.</description><pubDate>Wed, 03 Sep 2025 00:00:00 GMT</pubDate><category>Deep Tech</category></item><item><title>Five core moats for sustainable AI ventures</title><link>https://dmassociates.xyz/journal/5-core-moats-for-sustainable-ai-ventures/</link><guid isPermaLink="true">https://dmassociates.xyz/journal/5-core-moats-for-sustainable-ai-ventures/</guid><description>Data, workflow, network effects, distribution and brand: the five barriers that make an AI company defensible once model access is a commodity.</description><pubDate>Wed, 20 Aug 2025 00:00:00 GMT</pubDate><category>Deep Tech</category></item><item><title>A 90-day plan for your first business executive in a scientific team</title><link>https://dmassociates.xyz/journal/a-90-day-onboarding-plan-for-integrating-your-first-business-executive-into-a-deeply-scientific-team/</link><guid isPermaLink="true">https://dmassociates.xyz/journal/a-90-day-onboarding-plan-for-integrating-your-first-business-executive-into-a-deeply-scientific-team/</guid><description>A three-phase plan for a senior commercial hire joining a research-led company: immersion, then mapping and translation, then co-creating the roadmap.</description><pubDate>Wed, 09 Jul 2025 00:00:00 GMT</pubDate><category>Deep Tech</category></item><item><title>Hiring your first quantum commercial team: translators, not quota-crushers</title><link>https://dmassociates.xyz/journal/hiring-your-first-quantum-sales-team-why-you-need-physicist-translators-not-quota-crushers/</link><guid isPermaLink="true">https://dmassociates.xyz/journal/hiring-your-first-quantum-sales-team-why-you-need-physicist-translators-not-quota-crushers/</guid><description>Why a conventional enterprise sales hire struggles in a quantum company, what to look for instead, where to find those people and how to compensate them.</description><pubDate>Wed, 23 Apr 2025 00:00:00 GMT</pubDate><category>Deep Tech</category></item><item><title>A quantum founder&apos;s guide to justifying enterprise value before advantage</title><link>https://dmassociates.xyz/journal/a-quantum-founders-guide-to-justifying-enterprise-value-before-advantage/</link><guid isPermaLink="true">https://dmassociates.xyz/journal/a-quantum-founders-guide-to-justifying-enterprise-value-before-advantage/</guid><description>Two ways to make an early quantum partnership legible to a finance team: frame the fee as an option premium, and cost it against building the team in-house.</description><pubDate>Wed, 09 Apr 2025 00:00:00 GMT</pubDate><category>Deep Tech</category></item><item><title>Designing a cap table and ESOP to hold scientific talent for a decade</title><link>https://dmassociates.xyz/journal/how-to-design-your-cap-table-and-esop-to-retain-world-class-scientific-talent-for-a-decade/</link><guid isPermaLink="true">https://dmassociates.xyz/journal/how-to-design-your-cap-table-and-esop-to-retain-world-class-scientific-talent-for-a-decade/</guid><description>Why a four-year vest fits software better than deep tech, and four options for a longer equity horizon to discuss with your own lawyer and accountant.</description><pubDate>Wed, 26 Mar 2025 00:00:00 GMT</pubDate><category>Fundraising</category></item><item><title>Patent or trade secret? A founder&apos;s decision framework</title><link>https://dmassociates.xyz/journal/patent-or-trade-secret-a-founders-decision-framework/</link><guid isPermaLink="true">https://dmassociates.xyz/journal/patent-or-trade-secret-a-founders-decision-framework/</guid><description>Three questions to help a deep tech founder decide whether a core innovation belongs in a patent application or stays a trade secret.</description><pubDate>Wed, 19 Mar 2025 00:00:00 GMT</pubDate><category>Deep Tech</category></item></channel></rss>