The part of the past worth keeping.

Patience is a strategy.

Good companies take longer than anyone plans. We invest our own capital so that no fund cycle hurries us, or the founders we back, into decisions that only look good this quarter.

“We would rather be early and right than fast and gone.”

Builders first.

We have spent more of our lives shipping software than reading decks. We back people who make things, and the most useful help we offer is making things alongside them.

Plain speech.

We say what we think, early, in simple words. A founder deserves a clear no far more than a slow maybe, and a portfolio company deserves to hear the hard thing from us before they hear it from the market.

Keep your word.

Term sheets, introductions, Tuesday at three. A reputation is nothing more than a long record of small promises kept. We treat the small ones like the large ones.

Simple and reliable beats clever.

In architecture and in business. The boring solution that works at two in the morning is the sophisticated one. We look for founders who already know this, and we try to protect the ones who are learning it.

Work that lets people go home.

Our founder has spent nearly a decade building a company around care for families. We hold ourselves, and the companies we work with, to the standard that the work should make room for a life — for founders, for their teams, and for the people they serve.