Dougan Milne Dougan Milne Madrid · Tech

I work with tech companies for a living and write about why some of them are worth buying, or investing in. Based in Madrid — by way of Zurich, Seattle, Brazil, and sometimes Baku.

By email

New papers and notes as they go up. No other mail.

The publications

  • earlyexits.aiearlyexits.aiEarlyExitsExit planning for AI-native ventures. Second edition.
  • ciberia.xyzciberia.xyzCiberiaIberian cyber security M&A — report plus live database.
  • firstplayable.xyzfirstplayable.xyzFirst PlayableHow the games industry built the business model of the internet.

Ventures & partners

  • borealispartners.esborealispartners.esBorealis PartnersMadrid corporate finance boutique. Tech advisory and transactions.
  • consortiumconsortiumConsortiumGaming & interactive entertainment. You build the game, we build the business behind it.
  • tmcutah.comtmcutah.comTMC PartnersCapital, partnerships and execution across frontier markets.
  • bosquecapital.combosquecapital.comBosque CapitalSpanish investment holding — real estate development and management.
  • clay.capitalclay.capitalClay CapitalPost-industrial and unusual property across Southern Europe.

Off-duty

  • frenchwinemaking.comSite in progressFrench WinemakingStep-by-step video guide to making wine, and the home for everything on the wine and food side.
  • lagenova.comlagenova.comLa GenovaLeather and exotic skin specialist — patina, burnish, mirror shine. A dad hobby.

The writing

  • Field Notes 9
  • Deal Anatomy 8
  • Market Mechanics 9
  • Calls 4
  • Curiosities 10
  • Wine & Kitchen 12
  • Off-Duty 25
  • The full archive 77

Elsewhere

  • LinkedIn
  • YouTube
  • Email