What's new
Everything that changed here, newest first: research, patents, portfolio works, books, and the site itself.
September 2026
UpdatePatents
The IP page now asks what each discovery should become
Research and IP is reframed around five questions that decide whether an advantage deserves a patent, a trade secret, a publication, a licence, or nothing at all.
UpdateCapital
Capital now backs the strongest expression of a thesis, including outside founders
The Capital page now says the firm tests whether money should move first, then backs the best founder or company working on a thesis, whether or not the firm created it.
UpdateAbout
The firm now describes itself as five connected operating units built around unproven hypotheses
About and Native Alpha were rewritten to say the firm is organized around what it is not yet sure is true, and that each line of work ends in a decision.