The best founders know something specific that others don't — a technical insight, a customer truth, a distribution advantage. Without that edge, you're just running fast.

investingNo Priors podcast, 2023

I think diversification across ideas is a way of admitting you don't have conviction. The name of the fund is intentional.

riskConviction launch interview, 2022

AI is not just a feature you add to existing software. For the most interesting companies, it changes what's possible to build, who can build it, and how economics work.

aiNo Priors podcast, 2023

The risk of missing a category is worse than the risk of being early. Timing risk gets talked about too much. Category risk doesn't get talked about enough.

strategyStanford interview, 2023

Technical moats compound. Distribution moats erode. The best companies have both, but if I had to pick one, I'd pick technical every time.

investingNo Priors podcast, 2024

The best investors I know hold a strong thesis and simultaneously know exactly what evidence would break it — and they stay genuinely open to seeing that evidence.

philosophyBloomberg interview, 2023