Value Investing

The recent profile of @matthuang by Colossus shone some some light into the key factors that make @paradigm what it is today:
- Family background was tech and investing
- Angel checks into TikTok with 1000x on 50k, based on founder energy
- First ever person to voluntarily quit Sequoia
- 400M raised on fund I in 2018, 98% called instantly and invested into ETH and BTC on a high conviction bet
- The firm has research engrained in it’s DNA, so far that they’ve shipped dev tools that the industry relies on
- What if Sequoia not only invested in Google, but BUILT Google?

Even though Paradigm is now of a size that might limit their returns, the early days are a great story of having conviction on an asset class and putting it all on the line

Paradigm's success story showcases the power of conviction, risk-taking, and innovation in the world of tech investing. Their strategic decisions and early bets have shaped the industry, highlighting the importance of research and a strong entrepreneurial spirit. A reminder that sometimes, taking bold steps can lead to groundbreaking outcomes.