Concentrated

We strive to get to know the business and the ecosystem "as well as" the founder/owner. 

-We will take an "actor" approach to a new role in learning the business. 

-Once you reach this level, you can challenge the founder and understand his vision, execution, and integrity.

-The competitive advantages, scarcity, and moats will surface once you are at this level.

- Getting to an owner level of knowledge can take up to a year of full-time work, so you can only do it for a few.

- In those companies, everything is developing super-fast, and you need to be very close to the project 

-We want to be ruthless about our best ideas. It is hard to have twenty fantastic ideas at the same time.

-We are fine with holding only one or two positions for a long time if we can't find something we like.

-The allocation size is also calculated based on the company stage. This means we can deploy 20% of the capital in one public company, but we will deploy only 5% in a "seed" stage company.