Latest Essay
The Case for Patient Capital in AI Infrastructure
Why the next decade belongs to those who build slowly and own the stack.
We build what
we believe in.
A new kind of firm that writes, advises, builds, and invests, moving fluidly between ideas and outcomes.
Explore our workKnowledge
Writing and research that sharpens how we see the world. Our blog, essays, and deep dives are where conviction begins.
Research
Vertical SaaS and the Unbundling of Enterprise
How niche software is quietly replacing horizontal platforms.
Strategy
We partner with founders and operators to solve their hardest problems. Not slide decks, real work embedded in the business.
12
Active engagements across industries
3
Sectors of deep operational focus
87%
Client retention year over year
Holding
Products and platforms we've built from the ground up. We don't just advise, we ship, operate, and own.
Plaid
Financial Infrastructure
A seamless integration layer for banking data, connecting applications to financial institutions.
Meridian
Supply Chain OS
End-to-end logistics intelligence for mid-market manufacturers scaling globally.
Returns
Capital deployed with conviction. We invest in companies at the intersection of our expertise, where our insight compounds alongside our capital.
Arcline
Developer tools for API observability
Hallow
Compliance automation for fintechs
Terrace
Modular housing for climate-resilient cities
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We're always looking for ambitious people and bold companies. If that's you, get in touch.
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