Our foundational beliefs
Core principles that guide us
The groupthink common in venture can lead to unoriginal ideas, boom-and-bust outcomes, and ultimately subpar returns. While listening to others and evolving our thinking is critical, we are careful to develop our theses from first principles. This approach led to our foundation, and we continue to lean in as we evolve our focus.
Independent, first-principles thinking yields lasting results
Capitalism with guardrails is the answer, not the problem
Capitalism must be improved, not dismantled. Markets and competition have unleashed untold prosperity, and time and time again the experiment with alternative systems has failed. Capitalism with guardrails to ensure a fair playing field and support collective, long-term wellbeing is the way.
Alignment with founders and limited partners drives long-term success
Venture is not about asset gathering or chasing scale. True venture is craft - backing rare founders with transformative vision, and partnering with LPs who value deep, long-term alignment. We favor focused relationships, discipline, and patient pursuit of enduring impact.
Innovation is a more realistic solution than sacrifice
We don’t believe the future depends on limiting human behavior. We believe it depends on expanding what’s possible. Real change comes from technological leaps that make abundance achievable at scale. That’s why we invest in solutions that outcompete the status quo - not by asking people to do less, but by making it effortless to choose better.
Pragmatism over dogmatism - collaborate and build bridges
We’re here to solve problems, not take sides. We follow the signal, not the noise - guided by evidence, experience, and outcomes. We work with anyone who shares our commitment to progress, because building the future requires fewer lines in the sand and more hands on deck.
What gets measured gets improved - so measure wisely
Metrics are crucial to drive performance, yet we shun the paralysis of excessive, performative data and the risk of misguided decision-making that can come from an obsessive focus on metrics. We use metrics in subordination of the primary objectives and avoid unnecessary complexity in tracking them.
Long-term risk-adjusted returns are better with impactful goals
Purpose isn’t a distraction from performance - it drives it. Mission-driven teams make better decisions, stay focused on what matters, and ultimately deliver stronger financial results. Solving real problems is not just meaningful, it’s profitable.
Global challenges require global solutions
The most pressing challenges and opportunities facing humanity do not stop at any border. Narrowing the aperture to a single geography can lead to missing the forest for the trees. Investment opportunities for game-changing technologies require an understanding of what is happening beyond single ecosystems.