Complex situations created by technological change.
A flexible investment platform that generates opportunistic returns at the intersection of capital and technology — Bitcoin-mining infrastructure, ASIC arbitrage, space propulsion, augmented reality, 3D-printed homes, and innate-immune therapeutics.
Elev. / 12,966 FT · MOUNT SOPRISPractice / Special Situations
The Special Situations approach
01 of 03
Dislocate.
Find where technology creates a structural imbalance the rest of the market is too slow to price.
From bitcoin to space, data centers to compute, the through-line is exposure to technological progress.
Where capital meets technological dislocation
The same hand holds a thirty-four-million-year-old rock and an ASIC chip.
01 /Compute
Bitcoin & ASIC compute.
ASIC inventory finance and bitcoin-mining infrastructure. The chip supply curve and the hash-rate economics price faster than capital can redeploy; we structure around the lag.
02 /Orbit
Space propulsion & defense.
Next-generation propulsion and dual-use platforms. As the cost of orbit collapses, the new perimeter shifts above the atmosphere — and the supplier base reorganizes around it.
03 /Build
3D-printed construction.
Robotic concrete extrusion and on-site additive build. The unit economics of a house move toward the throughput of a printer; labor, schedule, and code all reset.
04 /Capture
Augmented reality & AI training.
Spatial computing and the data substrate beneath it. First-mile capture, simulation pipelines, and operator-grade headsets — the layer between humans and the model.
05 /Binding
Innate-immune therapeutics.
Front-line immune modulation and detoxification. Biology's oldest defense layer, finally instrumented at the molecular scale, with patient cohorts the standard apparatus has missed.
06 /Reach
Education & creator economy.
Independent media, learning, and the kiosk economy beneath them. Attention is the asset; distribution clears the price; profit-share structures the upside.
Each thesis is structured for an asymmetry unique to its dislocation. Together they read as one continuous bet on the substrate of technological progress.
