Sublime

In almost all cases, we’re not particularly interested in incremental improvements. For one, by definition if you’re incrementally improving something that already exists, then a lot of people deeply understand the specific area you’re building in. The degree of difficulty for incrementalism is also meaningfully lower when building with open-source... See more

It’s possible to identify a few patterns across these domains. First, VCs are investing in science much earlier than they have been comfortable with over the past two decades as software and the internet monopolized the limelight.

“I want to create the most eccentric brand of tech that people just shake their heads about like, ‘What are they doing now?’” he said. “I want to go after extremely ambitious projects people aren’t doing that we have the technology to pull off. I want to do those kind of projects back to back.”

These teams are taking their innovations straight to consumers and enterprises who may not vote for the same people nor share the same climate values, but who buy their products and services because they are just simply cheaper and better.  

Aggressive Overbids. The Vision Fund is notorious for offering companies multiples more money at higher valuations than they were planning on raising and threatening to invest in competitors instead if they said no. If a company set out to raise $250 million, Masa asked them what they’d do if they had a billion. This elbowed out other investors and... See more