The big defrag: how he builds an industry thesis

Given the number of high-caliber founders and future founders that you have been interacting on a day-to-day basis, actually you are on the very high end of the spectrum because your interactions are already by default higher than the entire global average. Then how do you assess those initiatives?

Mm-hmm. Mm-hmm.

the team of people they are talking to about the ideas that they're gonna bring to life. it's interesting when I take a look back at your portfolio again, they are insanely technical things and they are mostly like constraint driven. Like let's take a look at Star Cloud. They remove the constraint of Earth and then and they do the math, they try to do the physics, but at the same time,

Mm-hmm.

there's like quantum computing ones or defense ones. they, how do you find your way when you interact with those founders? And then at the back, still, what is your mechanism to validate? Yep, that makes sense. Or is mostly, because I always see it's founder, the team who is building it. And what are you building to do what? Like what values are coming into the humanity?

Mm-hmm. Mm-hmm. Mm-hmm. Right. Right. Right. Now that's another good question. so what I do is I operate independently. I don't have a fund. just manage on behalf of my own family. And I have, I have, but I have people I partner with and collaborate with. So I'm not, I'm not technical. Like many VCs are, or angel investors offer, you know, a background in, ⁓ computer science or machine learning or engineering. I don't have that. And what I've done is I've spent the entirety of my professional career around founders and builders. And what I first start off with, there are certain areas that I believe like the world's going through a big, what I call the big defrag. It's like a defragmentation of all of these industries, healthcare, finance, online sports betting and media and entertainment. So What used to be illegal in cannabis and sports betting is now legal in some areas, right? Prediction betting didn't exist. Now it exists, you know, and all of these things are living in dynamic. and so what I do is I try to find a few. I will develop a thesis about a particular industry that I have an interest in. an example was like, ⁓ online sports betting was a area that became legal.