Pace Capital

“We had kind of a mantra, which is optimized for alignment, not outcomes. I think in many situations, people, companies can optimize for outcomes rather than alignment. And that over rotation ultimately over time leads to misalignment.”

“I mean, like, the distance between a 51 49 split is way more than two percent. Like, it might as well be like 80%.”

“So if you were to look at the system design behind companies that ultimately developed modes at scale, it's not something that like happens magically overnight once the company's up and running. It's like embedded in the core product from day one. And so I thi…”

“We've been successful at hitting our ownership target in 70% of the companies we invested in.”

“If everything that a company is doing and building can really be accurately described in a single sentence, it's probably too one dimensional. It's probably not Ambitious enough.”