No board seats
We do not take board seats and we get out of your way, so you can focus on running and growing your company.
Deploying since 2018 · SF · HK · LDN · MEL
We area fintechfirst firminvesting in thenew digital economy.
Over 20 unicorns, amazing founders and millions deployed. Our portfolio is focused on companies that are redefining the way the future will be.
View the portfolio- Unicorns backed
- 20+
- Portfolio companies
- 27
- Exits via IPO
- 2
- Offices worldwide
- 4
Selected portfolio
Fintech
Klarna
Payments and shopping network offering buy-now-pay-later checkout, a consumer app and merchant financing across Europe and the US.
Stockholm, SwedenFintech
Mercury
Banking stack built for startups — business accounts, corporate cards, treasury and venture debt in one product.
San Francisco, USAPayments Infrastructure
Stripe
Programmable payments infrastructure powering online commerce, billing, marketplaces and money movement for millions of businesses.
San Francisco, USALayer 1
Solana
High-throughput layer-one blockchain built for low-latency, low-cost transactions at consumer scale.
San Francisco, USAConsumerExited
Community-driven discussion network of hundreds of thousands of interest-based forums.
San Francisco, USASaaS
Rippling
Workforce management platform unifying HR, IT, payroll and spend on a single employee data model.
San Francisco, USAOur philosophy
We are a founder first firm because we are founders ourselves.
No performance theatre
We do not do podcasts, or spend hours on X building our own profile. We are results orientated.
There when it counts
If you need us, we will be there to help. Introductions, hiring, the next round, the hard call at 11pm.
Investment strategy
Venture capital and a hedge fund, without the management fee.
We do not take a 2 and 20. We take 25% once the company has exited — and nothing before that. If you do not get liquid, neither do we.
We believe the old venture capital industry is dying, and that this structure will eventually become the norm.
Traditional fund2% annual · 20% carry
Hashblock0% annual · 25% on exit
Fees are charged only after a realised exit event.