Issues
A few recent issues.
A look at The Carry, the weekly brief for serious UK angel investors. Each one shown in full.
- The Carry Issue 16 10 June 2026 When Your Winner's Markup Costs You the Most The note lands on a Tuesday and it is the good kind. Your best seed company has raised again, at a price several times the one you paid, and the founder has written with a warmth the quarterly updates never carry. Read the issue →
- The Carry Issue 12 13 May 2026 Pricing the Dull Deck in a Market Built for AI Every deck on your desk this month has grown a comparables slide it cannot quite back up. Down at the bottom, in grey, sit two or three recent rounds, picked to make the ask in front of you look reasonable. Read the issue →
- The Carry Issue 07 8 April 2026 Which Seat You Were in When the Tax Year Turned A founder asks you, over a coffee they insisted on paying for, what the tax relief looks like if you back them. For a long time that was a one-line answer. You knew the percentage, you knew the cap, and you said it without reaching for your phone. Read the issue →
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