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Can We Turn Serendipity into a System?

From Chance Encounters to Opportunities for the Next Generation. Episode #52

Setagaya Park and a Rooftop BBQ

A walk through memories, my son’s recovery, and gratitude for ordinary days Episode #51

THE REAL PICTURE Vol.2 : Capital Efficiency Among Japan's Startups

Why raising more capital does not necessarily create more value. Episode #50

THE REAL PICTURE VOL.1 : Growth Capital Behind Japan's Startups

A primary-source analysis of the pre-IPO cap tables of Japan’s top 50 listed startups. Episode #49

We Can No Longer See Silicon Valley’s Back

What IVS2026 revealed about Japanese startups — and where I still find hope. Episode #48

Comprehensive Survey Report on “Startup IPO” Track Records of Major VCs in Japan.

A three-layer look at who's actually backing startups — and what the numbers really tell us. Episode #47

Japan's harsher funnel — no bigger winners.

But the game isn't lost. Two paths back to bigger winners — consolidate at home, or go global from day one. Episode #46

Don't underestimate the power of ignorance!

Twenty years after the mistake I needed to make. Episode #45

Home Is Not the Point.

A nuclear physicist in Kyoto, two Japanese founders in the Valley, and one investing thesis. Episode #44

Japan’s Winning Formula in the AI-Dominant Era: Diversity, Not Isolation

Japan needs a new playbook — with 80% of global VC funding going to AI, and 83% going to the U.S. Episode #43