WE INVEST IN
REASONABLY
GOOD FOUNDERS.
+σ
01 / RISK
We target just beyond the middle. We avoid high-variance bets and pre-revenue hype cycles. We want stable margins and well-rested founders.
02 / RETURNS
We choose statistical certainty over lottery tickets. A realistic 3x to 5x return is simpler than an imaginary 100x.
03 / FOCUS
The bell curve is our mandate. No dragons, no unicorns. We invest in sturdy, functional software and tech-enabled businesses that work.
UNLIKE OUR PEERS, WE AREN'T LOOKING FOR OUTLIERS. WE THINK OUTLIERS ARE EXHAUSTING.
We like founders who go home at 6 PM. We like margins that make sense on a napkin. We like growth that looks like a gentle slope, not a rocket ship.