Startups should target markets that are either starting to experience or are about to experience exponential growth, as this is crucial for long-term success.

We focus on investing in companies that can potentially become generational, even at high valuations, if they have the right market adjacencies.

When investing, prioritize markets over teams, as a strong market can drive success even with a less competent team.

Investors prefer markets that are growing at least 20% a year, where problems are currently being addressed and where solutions can save significant amounts of money.

Investors are generally excited about large markets with clear business models, and they often have hypotheses on how to capture those markets.

Startups should initially focus on narrow markets to gain momentum, but eventually need to identify and build towards infinite markets to achieve significant growth.

Investors often overlook the potential of existing large markets, thinking they are too crowded, but if you can create a significantly better product, there's room for many winners.

Young people should seek out high-growth companies that have achieved product-market fit, as these environments offer the best opportunities for rapid personal and professional growth.

We encourage our team to invest in opportunities that show promise, even if they come with risks, as this can lead to significant breakthroughs. In venture capital, the key to success is identifying the next big thing early and investing heavily, rather than focusing on win rates or percentage returns.