Who we back

The Unbowed.

The four deal-breakers.

Non-negotiable. Excellence elsewhere does not compensate.

Hustle.: Never stops being in the work. Never finds themself above it.
Resilience.: Has already survived something hard. The next twenty‑four months will be harder.
Ambition.: A missionary for what they are building. Will sacrifice to ensure it exists.
Kaizen.: Driven to improve. Always.

The rest.

Compound on the four. Excellence in three or four is the bar.

Refuses to bow.: Quietly, until the work proves them right.
Maniacal focus on the customer.: Talks to them daily. Builds what they actually need.
Vertical conviction.: Knows one industry deeper than anyone in the room.
Distribution as moat.: Has customers and an assassin's clarity about how the next thousand show up.
Technical at the table.: Actually builds. Doesn't just talk about it.
Believes in the Residency.: Already lives here, mentally. And is ready to insulate.

Who we pass on.