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The Patient Capital Thesis for AI-Native Founders

Why equity syndicates, profit-and-loss sharing (musharakah), and long-horizon alignment consistently outperform high-burn debt covenants in downturns.

The Lantern Daily·September 18, 2026·10 min read
The Patient Capital Thesis for AI-Native Founders

Why equity syndicates, profit-and-loss sharing (musharakah), and long-horizon alignment consistently outperform high-burn debt covenants in downturns.

“Build the thing you needed, give away what you can, and measure success on a longer horizon.”

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