Conviction over consensus

We invest in founders early, while their idea is still new and most people have not understood it yet.

These are the beliefs we invest by.

Early is supposed to look wrong

If your idea made sense to everyone, someone would already have built it. Doubt in the room is not a verdict. Often it is the opportunity.

You are the investment

Markets shift and plans break. A founder who knows the problem better than anyone alive, and will not let it go, is the only thing we underwrite.

You should not need permission

You do not need a famous lead, a warm introduction or a crowded round for us to take you seriously. We decide for ourselves, and we tell you quickly.

There is no template

Pattern matching finds yesterday's winners. We hold no picture of what a founder, a market or a first product should look like.

We are here for the hard years

Great companies take a decade. We do not need a markup next quarter. We need you still building, and we intend to still be there.