Beliefs
On building forever
Most venture capital is built around a five-year cycle. The companies that change the world are not.
The most valuable companies in history were the most doubted.
Amazon −94%. Apple −82%. Tesla −90%. Netflix −77%. Every one became generational. Every one was nearly abandoned first.
Every breakthrough is preceded by a decade of hidden work.
Xerox Alto to Macintosh, 11 years. IBM Simon to iPhone, 13. ARPANET to Netscape, 20. Deep Blue to ChatGPT, 33.
Generational founders are born in every market.
Tesla, SpaceX, and Palantir were founded in the wreckage of 2001. They are collectively worth over two trillion dollars today.
Most funds are structured to sell before greatness begins.
Fund math forces exits. Ten years in, winners get sold. We're uniquely structured to still be on the cap table when they are.
Each year, somewhere in the world, a few founders begin work on what will become the next hundred-year company. Meeting them, and staying beside them, is the privilege of a lifetime. It is what we built Timeless to do.
A forever firm. For forever founders.