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Ascend Updates

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Hot takes from the most wired-in analyst in AI. Hits your inbox every Wednesday at 11:30AM.

KW

Nate Bek

Associate, Ascend

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1 MIN READ

Subscribe to Token Talk

Ascend Updates

Hot takes from the most wired-in analyst in AI. Hits your inbox every Wednesday at 11:30AM.

“The deck comes later. First we go look at the thing.”

“The deck comes later. First we go look at the thing.”

[ MEDIA ]

Lake Union, test day. The rig ran for eleven minutes before the founder called it a success.

▶

A founder who could explain the physics in one breath and the business model in the next.

A prototype we could see and touch, not a projection.

A cost curve that gets better with scale, not worse.

If you’re building something we’d want to see in a kayak, read our founder resources toolkit before you pitch us.

KW

ABOUT THE AUTHOR

Kirby Winfield, General Partner

Kirby founded Ascend to write the first institutional check into Pacific Northwest technology companies. He’s on the board of 12 portfolio companies, including Bean Box and Endurance Energy.

FIRST-CHECK VENTURE CAPITAL FOR TECHNOLOGY FOUNDERS.

Ideas on founders, technology,
and what comes next.

© 2026 ASCEND. ALL RIGHTS RESERVED.

FIRST-CHECK VENTURE CAPITAL FOR TECHNOLOGY FOUNDERS.

Ideas on founders, technology,
and what comes next.

© 2026 ASCEND. ALL RIGHTS RESERVED.

FIRST-CHECK VENTURE CAPITAL FOR TECHNOLOGY FOUNDERS.

Ideas on founders, technology,
and what comes next.

© 2026 ASCEND. ALL RIGHTS RESERVED.