Manifesto

Mission.
Our mission is to accelerate the formation of individual financial capital.
This means identifying areas of the capital markets were risk-taking and value-capturing are misaligned and redefine them.
Our first pick is the asset management industry.
Especially those asset managers without skin in the game.

No risk, no story.
A healthy capital market is lubricated by trust.
Nothing screams trust like skin in the game.
The largest systemic risk today, is the amount of asset managers without skin in the game.
If you want to call yourself an investor, then write a fucking check.
Working in the investment industry does not make you an investor.
Asset administration is a clerical job.
If you want a chance to get uncertain upside, you must first incur certain risk.

Why is the formation of individual capital important?
When people get to form individual capital, they are freer to live an authentic life.
They don’t need to sell values for money.
Human authenticity is a key ingredient for a rich culture.
And rich cultures unlock innovation and progress faster.
Also, authentic people tend to be more interesting.
Its always a social plus to avoid boring people.
Given new companies are first discovered by smart retail, not institutions. Decentralizing the asset management in favor of individuals who choose risk, should lead to new company creation.
We favor capitalism in its purest form, increasing competition to the maximum, the more ruthless the better.
New company creation is mostly about assessing founders, which can best be done by the individuals who know those founders best.

How will we do this?
We will build research and intelligence tools so people can bypass intermediaries or managers posing as investors.
Educating new angels and founders in their startup journey.
Bringing transparency about the proof-of-work that backs the conviction building process.
By leading the way forward.
We ourselves are investors, and will be doing most of the underwriting. Real underwriting, from when your signature meant you wrote the memo, and put your own money backing those words.
Redefining the rules of the game.
Selling access to those with high skin in the game.
We have high hopes that the single most important piece of regulation is to require a high skin in the game. We can wait for a bill to become law.

Join.
If this mission is important to you, join our winning team by becoming a shareholder and/or working with us.