Markets as Systems, Not Headlines

Our interest centers on infrastructure and tooling. We do not try to time narratives or predict the next slogan that will dominate social feeds. Instead, we look for systems that may still matter when today's buzzwords are forgotten.

Sharp Problem Definition

The founder can explain the problem in concrete terms that a practitioner recognizes. Abstract value propositions don't survive contact with enterprise buyers.

Thoughtful Product Constraints

The product reflects an understanding of how regulation, risk, and incentives actually work. Markets don't care about elegance when compliance is on the line.

Measured Ambition

A plan that is neither timid nor detached from the realities of enterprise adoption. Big visions matter, but so does knowing what breaks first.

Direct Questions, Not Buzzwords

Our approach is straightforward. We read, we ask direct questions, and we try to understand how a company's product might behave in the kinds of volatile environments that markets periodically create.

Our background in systematic investing informs how we think about path dependence, feedback loops, and edge cases. We look for products that are designed with the understanding that markets periodically stop cooperating.

Important: Nothing on this page or elsewhere on this site constitutes investment advice, a guarantee of returns, or a commitment to invest. The information provided is for general informational purposes only and should not be relied upon for investment decisions.

Background

Systematic Investing

We evaluate companies through the lens of market structure, not venture hype cycles.