This edition of The Nutgraf was first published on 14 June, 2025

Faith-funding is when founders change roles and become VCs to invest in their own companies. 

Like fantasy monarchs who ride back into the battlefield to defend the castle when the walls are crumbling around their hidden vault of gold, these founders protect their stakes and even double down when others retreat.

It was viewed with suspicion, and for good reason—a founder putting money into their company is a sign that they couldn’t convince someone else to do the same. 

Over the last few months, faith-funding hasn’t just become palatable, it’s become more powerful. 

Praveen Gopal Krishnan delves deeper in this episode of The Nutgraf. Tune in.

P.S. You can also read the edition here.

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