We hold a small number of long-term positions and do not manage outside capital. Concentrated, patient, private.
We back things that make individuals harder to surveil and harder to stop: private money, sovereign compute, and the infrastructure to reach orbit.
Zcash
Private digital money. Shielded transactions with zero-knowledge proofs, since 2016.
Penumbra
Shielded proof-of-stake network with a private DEX. We run the
antumbra.net validator.
SpaceX
Reusable launch and satellite communications. The physical infrastructure of a multi-planetary economy.
Gold
Physical, allocated. Money that needs no counterparty and no network.
Oxide Computer
Rack-scale computers with open firmware. The cloud, owned outright.