Founder trajectory
Model the decisions, recruiting gravity, adaptation speed and execution constraints that matter after the pitch.
VC DEEP RESEARCH
Underwrite the future, not just the deck.
OpenX turns a venture thesis into a researchable system: founders, product, customer adoption, market formation, competitors and financing conditions, then tests how they interact across possible futures.
RESEARCH MODELUNDERWRITING MAP
DECISIONWhich conditions make this company’s upside durable and what would falsify the thesis?
Founderexecution paths
Marketformation signals
Capitaland exit conditions
WHAT YOU CAN REHEARSE
Research the company.
Rehearse the thesis.
Market formation
Test whether a category expands, consolidates or commoditizes as buyer behavior and technology change.
Adoption mechanics
Trace how a product moves from early believers to repeat use, budget ownership and durable demand.
Competitive & capital paths
Rehearse incumbent reactions, platform shifts, later financing and the conditions around an exit.
THE VC RESEARCH SURFACE
From an investment memo to a living underwriting model.
Deep research should not end in a static summary. OpenX keeps the evidence, uncertainty and decision logic connected as the company and its market evolve.
Research streams
Company
Founder decisions, product velocity, hiring and operating constraints.
Customer
Who adopts, why they stay, who controls the budget and where trust breaks.
Market
Category timing, adjacent demand, regulatory shifts and technology cost curves.
Competition
Incumbent response, platform risk, substitutes and distribution advantage.
Questions to resolve
What must be true for this company to reach escape velocity?
Which customer behavior proves the wedge is becoming a habit?
What event would turn an attractive story into a smaller or different investment?
Bring a thesis to OpenXLIVE SCENARIO COMPARISON
Evidence-linked · calibratedQUESTION
Which conditions make this company’s upside durable and what would falsify the thesis?
OpenX keeps the actors and starting conditions constant, then changes one decision at a time.
Category creation thesisA new behavior becomes durable before incumbents can absorb it
Execution thesisThe team compounds an advantage through iteration, recruiting and distribution
Infrastructure thesisA structural technology shift creates lasting demand and pricing power
SIMULATED RECOMMENDATIONInvest behind the conditions that create repeat adoption and defensible distribution; define the evidence gates that would change conviction before capital is deployed.Open in OpenX
YOUR NEXT DECISION