What a SPAC Does to a Company Before the Market Ever Sees It
What changes inside a company during a SPAC, and why the real shift of going public happens long before the listing.
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Writing by Anil Mathews, published first on Mathews.com.
These are original essays written over time, not on a schedule. Each piece takes a single idea seriously and follows it to its conclusion, without chasing trends or reacting to noise. The goal is clarity through careful thinking, not volume or performance.
Essays on work, ambition, clarity, and building things that last in a world designed to distract.
Start Here
If you are new, begin with Quiet Ambition.
Quiet AmbitionWhy durable progress comes from focus, restraint, and compounding effort rather than visibility, speed, or noise.
These essays are meant to be read slowly and revisited. New pieces appear when there is something worth saying.
Anil Mathews is the founder of Alphabyte Ventures and the author of The Start Switch.
All Essays
Trust Is a System, Not a Vibe
How trust in organizations is built through incentives, visibility, and consistency, not values decks or good intentions.
The Hidden Costs of Scaling a Company
Why scaling a company creates coordination drag, exception load, and focus dilution, and how those costs quietly erode execution.
The Metric Everyone Trusts Is the Only One That Matters
Why execution slows when teams can’t agree on shared metrics, and how trusted numbers determine decision speed and accountability.
Incentives Create Reality Inside Companies
How incentives shape behavior, attention, and truth inside organizations, and why companies drift when rewards contradict stated values.