Thesis threads
Threads to pull on — each connects to one or more insights and represents an investable direction worth exploring further.
65 threads total
Cross-industry themes
AI-Powered Marketplaces
Marketplaces like Boardy that use AI to match, curate, or facilitate transactions — AI is the core differentiator, not just a feature layer.
AI-Powered Agent Swarms
Breadth of product is the defensibility — once embedded, you have customer captivity. Multi-agent systems that handle end-to-end workflows across departments or functions.
Commoditized Hardware / Sensors as a Wedge
Using cheap or commoditized hardware and sensors as the initial wedge into a proprietary data layer or network effect. The hardware is the distribution, the data is the moat.
Shrinking Markets with AI
Markets that are contracting or being compressed by AI — either displacing existing spend or making categories obsolete. Where does value migrate?
Quant Trading Applied to Inefficient Markets
Applying quantitative trading strategies to markets still riddled with inefficiencies — crypto, horse racing, gambling, prediction markets, sports betting. Arbitrage and edge in markets that lack institutional rigor.
New Conglomerates
Modern conglomerate builders — Bending Spoons, Emergence, Applause — acquiring and operating software companies at scale with a shared operational playbook. Roll-up meets platform.
Content-Driven Commerce
Companies like Sandow Media where content is the acquisition channel and commerce is the monetization. Content builds the audience, commerce captures the spend.
Influence-Led Software & Internet Companies
Software, internet, or platform companies built on top of personal influence — not retail brands or products, but technology companies where the founder's influence is the distribution wedge.
Insurance44
AMS 2.0 opportunity
Voice AI / Decagon for insurance
Scorpion for Insurance Agencies
Virtual Agency Network
AI workforce for insurance to automate opportunities
Tools to automate your brokerage?
Enablement for cross-selling of existing book
Underwriting or modeling software?
A tech-enabled front or automated compliance tools for cross-state management
Cross-border enablement
Scorpion for Insurance
Voice AI for insurance
Fraud prevention solutions
Nuclear verdict prevention
Buy unprofitable lines or books of business
Better data quality and infrastructure -- Verisk or LexisNexus 2.0
Data platforms?
Cyber in insurance
Glean for Insurance
Credit bureaus but for data -- Rising tide lifts all boats
low -- cyber market?
low -- specific -- Autonomous risks?
low -- specific -- marine risks
low -- specific -- gig economy
low: insurtech <> broker lane exchange and connectivity? MGA rating scale?
AI workforce
Better ways to uncover and share vendors across industries? Low
low: dynamic pricing and analysis tools?
new MGAs w/ dynamic data + pricing
Automated searches for post-bind
IoT with insurance?
Insurance CX
low -- specific -- str vacation home
mid -- specific -- construction insurance
low--specific
underwriting / book analysis tools
Referral management networks and solutions
Scorpion 2.0 for insurance
Agent swarms for SMB growth
Construction insurance opps/challenges
Claims solutions
Data Complicance
Underinsured, Coverage Gaps, or High cost areas
Tech-Enabled MGAs
Managing General Agents that leverage technology for underwriting, distribution, or operations — a wedge into insurance value chain disruption.