Bill Lewis Linacre Capital

Writing & Publications

The writing of Bill Lewis

A body of work on AI governance and board-level risk, leadership and turnaround, and the building of technology businesses.

This is a complete index of published writing by Bill Lewis, Founding Partner of Linacre Capital Partners. The recent work centres on a single argument: that AI agents are arriving inside the enterprise faster than boards can see, understand, or govern them — and that this is a board-level business risk, not a technology detail.

The papers and articles below set out that argument across registers, from a 22-page board-level risk assessment to plain-language pieces written for non-technical directors. The books span three decades of building, financing, and turning around businesses.

Papers

The Emerging Risk of AI Agent Networks

Board-Level Risk Assessment · February 2026

The 22-page foundation of the series. It named the problem of unmanaged AI agents inside the enterprise ten weeks before Gartner described the same phenomenon as agent sprawl. Identifies nine categories of risk and a three-layer governance framework. Full assessment is client IP; a public synopsis is available.

From Risk to Response

Forthcoming

What boards should actually do about AI agents, now that purpose-built agent governance has crystallised as a distinct enterprise software category. Forthcoming.

Articles

Your Next AI Risk Is Already Inside the Systems You Trust the Most

AI Governance · 2026

AI agents are arriving inside the software companies already license and trust, below the threshold that triggers a board or compliance review. The organisation may already carry exposure for capabilities it never approved. Published in Board Agenda and Corporate Compliance Insights.

The Liability Gap Boards Have Not Yet Seen

AI Governance · 2026

Why product liability, contract law, and tort each fail to resolve cleanly who is accountable when an agent that arrived through ordinary software channels causes harm.

The 2,000 AI Use Cases That Told Me Nothing I Needed To Know

Enterprise AI · 2026

Use-case inventories describe the AI you could buy, not the AI you already have. The asymmetry between AI as a decision and AI as weather that has already settled.

Busting the AI Search Myth

AI Search · March 2026

A data-led assessment of AI search hype. AI has not replaced Google by volume, but it is becoming the layer where trust-dependent decisions are shaped. You cannot own an AI ranking; you can influence the odds.

The danger has been there the whole time. Now someone is holding the flashlight.

AI & Cyber Risk · April 2026

A plain-language explanation, written for board chairs, of why a major AI cyber-capability development matters — told through a Lego-castle-and-flashlight analogy.

The Microsoft Setting You Should Check Today

A Linacre Capital Alert · 2026

The Microsoft 365 Connected Experiences setting most organisations enabled years ago now governs parts of Copilot and the agents built on it — without fresh consent. A fifteen-minute check for compliance officers.

Books

Midas and 1000 Cows: An Entrepreneur’s Crazy Journey to Making Millions

An entrepreneur’s account of building and making millions — the crazy journey, told plainly.

The Conductor Protocol: A Methodology for Non-Technical Founders Building Complex AI Systems

A methodology for non-technical founders directing the building of complex AI systems they could not code themselves. A public synopsis is available.

Little Book of Big Blunders

For founders and start-up CEOs: an easy-read guide to avoiding the top 100+ mistakes that can derail or kill a business.

Capitalise — Master the Pitch, Unlock Millions

On raising capital: mastering the pitch and unlocking investment.

101 Questions An Investor Will Ask

The questions every founder should be ready to answer before they walk into the room.

Contact

Bill Lewis is Founding Partner of Linacre Capital Partners. He provides independent counsel to Chairs, CEOs and Founders on their highest-stakes decisions, on the AI now operating inside their businesses, and on major programmes that are starting to tilt — bill@linacre.net.
Visit Linacre Capital.