We believe founders and the teams they build provide the ultimate advantage, over time. 

Beginning with exceptional teams, we focus on identifying the early traits of technology companies scaling to become generational businesses.

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Quality and persistent growth

We look for global businesses that can continually scale growth via new customers and solve more problems for customers over time – implicit in this is the right to solve those problems, and a strong affinity between customer and product.

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Scalable & profitable business models

We focus on the highest quality and most scalable business models. We love businesses with multiple revenue growth levers, which require limited incremental cost and capital, enabling strong free cash flow generation and capital returns.

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Increasing defensibility

Being “sticky” is not enough. One of the most important traits we look for is the trajectory of competitive positioning and how that can enable growth longevity. This underpins our expectations for all our portfolio businesses and is becoming more important as the pace of change quickens in tech’s early stages, which our venture team gives us constant exposure to.