Early-stage companies are exercises in experimentation, iteration, and figuring things out. You try one thing, it sort of works, but you see a tangential opportunity and go after that. Sometimes that leads to a full-on pivot, other times it leads to an evolution of the opportunity.
This process can create multiple products, services, projects, and it can look messy. I love it when founders bring it all back together into one cohesive package. That doesn’t always happen, but when it does, it is a thing of beauty.
That happened this week with our portfolio company Numerai. I saw this tweet by Numerai founder Richard Craib:
Big: as of today the @numerai tournament is now running on Erasure.
— Richard Craib