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evan burns

T2 · manager / operator

Co-founder and CEO of State Affairs, a real-time legislative intelligence platform combining on-the-ground journalists with AI knowledge graphs. Previously built and sold Finish Long Drink (consumer goods). Raised $70M from Coastal and Founders Fund.

1 call·1 name·100% bull·last heard 2 months ago·TBPN
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no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY

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$STATE-AFFAIRSState Affairsposition

State Affairs raises $70M to build real-time legislative knowledge graph for Fortune 100

Policy and regulatory risk now exceeds market risk for most businesses, but legacy government affairs relies on slow PDF reports from lobbyists. State Affairs combines on-the-ground journalists in every state with AI that maps 150 daily data points (bills, hearings, fiscal notes, executive orders) into a knowledge graph modeling policy momentum across jurisdictions, enabling proactive engagement before bills are introduced. Customers include Mastercard, McDonald's, Walmart.

TBPN2026-07episode →

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  • Government Technology1
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$STATE-AFFAIRS
State Affairs
HIGHevan burns·TBPN·2 months ago·IBM Nukes, Demis Govt Plan, Clanker Whales, Paramount WBD Deep Dive· position
State Affairs raises $70M to build real-time legislative knowledge graph for Fortune 100
Policy and regulatory risk now exceeds market risk for most businesses, but legacy government affairs relies on slow PDF reports from lobbyists. State Affairs combines on-the-ground journalists in every state with AI that maps 150 daily data points (bills, hearings, fiscal notes, executive orders) into a knowledge graph modeling policy momentum across jurisdictions, enabling proactive engagement before bills are introduced. Customers include Mastercard, McDonald's, Walmart.
"The problem of what everybody is facing before is they've got like lobbyists or like old school data platforms that are often like much slower than real-time information. So you'r…"
109:44
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Government Technologytailwind
Real-time legislative knowledge graph replaces lobbyist PDFs for Fortune 100 policy risk management
Policy risk now exceeds market risk for most enterprises, but legacy government affairs relies on slow, fragmented lobbyist reports. State Affairs combines 187-person team (half journalists on the ground in every state) with AI mapping 150 daily data points across bills, hearings, fiscal notes, and executive orders into a knowledge graph that models policy momentum and cross-state diffusion. Customers (Mastercard, McDonald's, Walmart) shift from reactive to proactive engagement, avoiding existential surprises like business-model bans reaching governors' desks unnoticed.