Just wired angel investments into two incredible founders building amazing companies… More to come next week

Technical moats are mostly over at this point. If you’re building something that is meant to be durable, the only moats now are: • Proprietary data • Network effects • A physical component

Today I am introducing @suprette_. For generations, the heart of French village society revolved around supérettes, small neighborhood markets that served as cultural anchors where people gathered, connected and lived daily life together. Places like that matter more now than ever. These neighborhood pillars provided the inspiration not just for our name, but for our broader thesis as well. With so many aspects of business and life, from technology to content to intelligence, becoming increasingly commoditized, value is moving swiftly to what can't be replicated. This is why we exist. We are operators first. We identify and partner with a small number of exceptional businesses, take meaningful ownership, and embed ourselves alongside their teams, bringing capital, talent and technology to the work. We protect what makes them special and strengthen everything behind the business. We recognize that capital alone won't unlock that potential. These businesses are built on taste, craft, quality and authenticity. Scaling them takes people who understand how they actually work. The businesses behind these experiences, across hospitality, events, sports, and health and wellness, share qualities that are rare and durable. They create real-world connection and cultural resonance. Demand is rooted in ritual and identity, not algorithms. Technology sharpens rather than disrupting them. The experience remains deeply human, while everything behind it becomes smarter, stronger and more efficient. Today’s cultural anchors look different than the traditional supérette, but they matter more now than ever. Our focus is finding those businesses that communities form around and where their value compounds with every experience. In a world of infinite supply, that scarcity only becomes more valuable. We are building the cultural infrastructure of real life. Read our full manifesto below and at suprette.com.

In some very exciting news, Express Checkout has been scooped up by Morning Brew! We're so excited to join the Morning Brew family and keep growing this thing! adweek.com/dealroom/morning-…