The Thesis

Investment thesis and areas of investment focus

Invest in startups that advance human, financial, or natural capital, at scale.

Tactical focus

$15-20k cheques in $500k-$2m pre-seed/seed rounds addressing one or a mix of any of the following areas.

I'll be focussed on startups that are working on labour productivity tools, more equitable financial systems, as well as solutions that make decarbonisation a no-brainer.

🧠 Human Capital	💸 Financial Capital	🌍 Natural Capital
Productivity: to augment and leverage human capabilities.	Fairness: to facilitate a more equitable and impactful financial system.	Sustainability: to make decarbonisation compelling and profitable.

Why these areas matter

Each component in the above table is the flip-side of a problem which if solved (even if partially in some small way), could result in significant financial and societal gains.

These problems are summarised in the following interactive tab.

Productivity

G7 Labour Productivity Growth (10yr rolling average, % y/y) [source: capitaleconomics.com]

Labour productivity growth has been in structural decline since the 1970s for a variety of reasons. Technology has a role to play in reversing this trend profitably, and with gains accruing to society, too.

Fairness

[Source: WSJ] / Original data from https://www.nber.org/papers/w20733

Financial capital gains are concentrated in the top 1% and most gains in wealth come from asset ownership. More equitable financial platforms can alleviate this.

Sustainability

Source: The Atlantic, Science & ClimateProgress.org

The hockey-stick rise in the mean global temperature due to CO2 emissions is an extinction-level threat. Sustainability, adaptation, and mitigation efforts are urgently required to avert disaster.

Tremendous challenges present tremendous opportunity to profitably unlock value while advancing society as a whole.