Celesta Capital’s Post

Transcript

I think Venture does a lot of things phenomenally well, but it also has some gaps in its model and and. And one of the gaps is, you know what? How do you change the odds? Of an investment really getting to scale and hyperscale cause the odds still aren't great for the industry as a whole. And, and some of those are bringing known methods to those enterprises as they hit stress points in their growth journeys. So from conception to trial, then trial to starting to scale, then scale what the global business model is. And well, and guess what, the kind of stuff that we have built in our own DNA has a lot of those. Competencies that we can offer so we're pretty convinced we could help change the odds around venture. But the model needs to change because as you know wow, these companies you know can't afford an old traditional McKinsey arrangement because cash is precious and and they also don't need an army of McKinsey folks descending. It often has to be much more surgical and so we think one of the unlocks is rethinking this model to say look let's partner. With some great vehicles in very different ways and actually underwrite outcomes by putting skin in the game. And I think if we do that, maybe we can help catalyze some of the growth. Then maybe the last art, Michael, is I actually think one of the byproducts that maybe the venture folks won't like, but but we like it is I think there'll be some rub off to then spur incumbents to disrupt themselves faster as the disruptors get better themselves.