provide early liquidity to investors, founders, and employees in the secondary market.

We look for:

- Exceptional products with differentiated distribution channels, and incumbents that are un-incentivized to react

- Unique, capital efficient business models with clear revenue prospects and hints of large markets

- Early evidence of sustainable competitive advantages

- Ethical business practices, sound governance, and teams who take a stand for what’s right

We ask ourselves:

- “Would we be proud to tell our kids we were early backers of this company/team?”

- “Would I want to work for this founder or company for the next 10 years?”

For founders:

- We move fast

- Act on our own conviction, and

- Help spread the word.