Investments
People first.
We start with the relationship and the people behind a business. Then we ask whether it interests us.
Areas of interest
- Artificial Intelligence
- The best tool a small business has ever had to compete with bigger ones. With capital, experience, and now these tools, this is the most exciting time of our careers.
- Aerospace
- Entrepreneurs are dreamers, and we can’t help ourselves. We see a future where what gets built up there makes life better down here.
- Consumer Brands
- Products people go out of their way for. Cycling is the category we know best.
- Building & Real Estate
- Construction and development, usually with partners who build for a living.
How we invest
- It has to interest us
- If it does, we follow it closely and get involved. We’ve learned that when we aren’t engaged, we aren’t good partners, co-founders, or investors.
- Our own money
- We invest only our own money. There is no fund, no fee schedule, and no date by which capital has to be returned.
- Patience
- We hold for a long time and don’t need anything to work quickly.
Portfolio
Some of the companies we’ve invested in are on our Companies page. We also hold positions in private aerospace and AI companies and a few other private ventures. We’re happy to talk about them.