Essays

A definition to simplify the terminology on this website.

Gene tech is creating new categories within health, food, materials, and transportation.

The next industrial revolution is biological, unlocked by AI, new methods, falling costs, and available talent.

Lexi Ventures seeks a unique concentration in the next great technology revolution.

Biotech is analog. Gene tech is digital.

A balanced portfolio includes therapeutics, diagnostics, food, materials, software, and more.

Patents and startups stem from inventions. Many best practices apply to both kinds of portfolio construction.

Finding many deals to choose from is important. Seeing the gems is crucial for best returns.

Qualitative and quantitative approaches are helpful to guide the decisions of where to invest.

Predicting a company's future prospects is a probabilistic exercise.

Contrary to conventional wisdom, solo managers perform best.

Human nature leads towards sub-optimal decisions in many ways.