We invest in smart people solving hard problems, often difficult scientific or engineering problems. Importantly, we believe the brightest and most creative problem solvers seek the hardest and most interesting problems, and gathering the best technical talent is a major competitive advantage.
Advances in cloud and other computing technologies
radically reduce the costs of starting and running new businesses, creating opportunities for outsized returns. We invest in teams we believe in and our experience suggests that finding good founding teams and leaving them in place tends to produce higher returns overall.
As a corollary, we resist shackling a company to its original business model. Businesses really do evolve over time and changing models in the early years is anything but a sign of weakness. We do not expect that the first business model for a company will be the final or best business model and do not see evolution as a negative. The most powerful minds are the ones that can be changed.
We believe that substantially all of our investments should be directed to companies with an audacious vision seeking enormous markets. So, we will continue to invest in very talented entrepreneurs who are pursuing ambitious, challenging tasks. We will treat them with respect and hope for the best.
Industries: Analytics
Digital Marketing
Marketing
SaaS
Gamification
Gaming
Online Games
Video Streaming
Information Technology
Social Media
Virtualization
Apps
Messaging
Mobile Apps
Social
Finance
Financial Services
FinTech
Internet
Marketplace
Payments
Cryptocurrency
Stock Exchanges
Trading Platform
E-Commerce
E-Commerce Platforms
Food and Beverage
Food Delivery
Online Portals
Advertising
Computer
Software
Consumer
Manufacturing
Mobile Payments
Investment Stages: Seed
Late Stage Venture
Early Stage Venture
Location: Aspen, Colorado, United States