{
  "publisher": "The AI Business Ledger",
  "url": "https://aibusinessledger.com/",
  "report_month": "2026-07",
  "methodology": "https://aibusinessledger.com/methodology/",
  "notes": "First-party data. Dollar figures rounded per stated policy (nearest $50 above $500, toward the less flattering direction for revenue). Client and channel names redacted by policy. Unmarked figures are records, not estimates.",
  "ventures": [
    {
      "label": "V1 services desk",
      "model": "marketplace freelancing on in-house automation systems",
      "age_at_report": "3 weeks selling",
      "status": "active",
      "revenue": {"collected_plus_funded_escrow_usd_floor": 2700, "active_clients": 5, "concentration": "no single client exceeds half of total"},
      "costs": {"acquisition_usd_approx": 300, "acquisition_channel": "marketplace bidding fees, no ads", "tokens_per_120usd_research_job_usd": {"value": 15, "estimate": true}},
      "verdict": "fastest path to first revenue in portfolio"
    },
    {
      "label": "V2 content network",
      "model": "ad-monetized AI content network",
      "age_at_report": "months",
      "status": "active",
      "revenue": {"subscribers_floor": 80000, "annual_run_rate": "six figures"},
      "verdict": "compounds but platform-taxed and hit-driven; survivor of multiple attempts"
    },
    {
      "label": "V3 trading research",
      "model": "algorithmic futures research",
      "age_at_report": "months",
      "status": "active, pre-revenue",
      "revenue": {"booked_usd": 0, "backtest_sharpe_range_published_as_research": [1.4, 1.7]},
      "verdict": "research program, not income, until live records exist"
    },
    {
      "label": "sports documentary channel",
      "model": "long-form AI video",
      "status": "killed 2026-07",
      "post_mortem": "structural copyright exposure: core input was third-party IP",
      "verdict": "if the core input is someone else's IP you have a countdown, not a business"
    },
    {
      "label": "faith-content brand",
      "model": "short-form AI video",
      "status": "killed 2026-07",
      "post_mortem": "niche monetization per view could not support even an automated cost base",
      "verdict": "automation cannot rescue underwater unit economics"
    }
  ]
}