Don't Compete on Artificial Intelligence. Compete on Insight.

Great question.

So I always, again, being a builder and operator, you always wanted to build something.

And maybe going back to your first question, I think this is the fund that I wanted to have all the time or believed is the best approach to investing when I was with other firms.

And so that's actually what I'm building today.

Overlook Ventures is an early-stage venture capital fund, and I know early stage these days means, I think, everything and anything.

So that's why maybe we say super early stage [chuckles] which means inception, pre-seed, and seed.

And that means anything from one founder these days that has an idea and is just amazing and knows something that others don't, to maybe multiple founders and having some sort of a prototype and are trying to go from there.

It's most likely pre-product and pre-revenue.

Maybe they have some sort of an MVP.

Maybe they have some sort of a pilot.

But fundamentally, I honestly don't really care that much about revenue because it's just a distraction in terms of evaluating companies at this stage.

Unless you tell me you have grown from zero to ten, twenty, thirty million dollars ARR in six months, well, yeah, then we can evaluate that, but then also I'm probably not the right partner because you gonna go raise other types of funding.

And the thesis around the fund basically goes back to my own journey into venture.

As you mentioned, I was part of the founding team at Munich Re.

Very early on, I dabbled into, I would say, financial services and risk-related businesses actually with another firm called Route sixty-six Ventures earlier on before Munich Re.

And so the thesis of Overlook Ventures is basically to invest in the infrastructure of risk across AI autonomy and regulated markets, I would say across two kind of pillars.

One is to look into how AI is basically changing risk, meaning AI safety, AI security, governance, autonomy safety, and so on and so forth.

So the frontier side, right? And also when you think about physical AI, how that is changing the landscape when it comes down to liability and security and safety.

And then on the other hand, looking into how actually liability frameworks are shifting as we speak, and that is related to insurance, right? New insurance products, new insurance infrastructure.

I call it market infrastructure.

And you know how, again, traditional cyber and security is evolving in that sense as well, right? One thing I fundamentally believe in is that obviously AI is a huge wave to everything we have had to date, going back to when the internet started, to e-commerce when it came out of that.

Then we had the mobile and cloud wave, and then we had blockchain.

And I think now SpaceX is obviously, again, a huge topic and new endeavors in terms of space.

And while I believe AI is probably one of the biggest catalysts, the bigger shift here though is autonomy, right? I think that's what people or many people not even look at.

But for the first time in history, we have technology that actually can execute, and we're going away from just recommending something.