Similar to the largest and most sophisticated institutions, we invest in both venture funds and startups -- but our focus is the Southeast.
Hybrid Investment Model
Southeast Focus
Purpose-Built
Collaborative Approach
Dispersion is real and diversification helps
28.1%
25-year US venture capital returns
Venture outperforms other assets over the long-term and the best performing institutions historically to continue to hold their overall 20-30% allocation to venture (even post-COVID)
7.9x
VC returns dispersion compared to US small cap public equities
Power law in venture creates massive returns dispersion, and conquering low dispersion in the public markets is very different than in venture capital
~500
Startups contained in a truly diversified venture portfolio
Higher dispersion requires more diversification -- but building a portfolio of 500+ startups is ONLY typically available to large institutions
Our portfolio is anchored by a curated selection of the best fund managers in the Southeast
Focus on category leadership
Cast a wider, high quality net
Maximize quality deal flow
Protect against the downside
Our fund partner network provides differentiated insight that helps us chase upside with direct startup investments
Maximize upside
Build early ownership
Facilitate direct LP access
Our startup primordial ooze is primed and ready
22%
Southeast share of US GDP
Historically the region has accounted for <10% of venture investment, but that share is now steadily increasing toward GDP parity
40%
Share of US population
The Southeast is the largest and fastest growing economic region in the country and home to 10 of the 15 fastest-growing large cities
50%
Of America's Top-10 States for Business (2024)
The Southeast is home to 5 of CNBC's top-10 States for Business given relatively low cost and friendly tax/business environment
Catalyzing tech growth in the Southeast through strategic startup and fund investments
