I missed writing last week. I was about to, but I never finished my piece. So here it goes - a week later. Last time I wrote about “The High”—stage one in a Capitaholic’s journey. This week, we’re naturally moving on to stage two, which I call “The Dependency.”
This is the stage where capital becomes the force driving the company forward.
Put bluntly: you’ve shifted from company-building to runway-building.
But before we dive in, let me share my now-traditional explanation of why the newsletter is late. I can’t keep blaming my torn Achilles tendon forever (even though it will haunt me for the next 50 weeks). But I can probably get away with it for this week as well - especially when the whole family has been home for two weeks with the flu.
Now, let’s also run through this week’s Capitaholic. Competition has been fierce.

