Randall Stephens Obtuse HoldingsPressure & Time
We invest at the edges.
Some of the problems we care about are unglamorous. Some are decades from commercial viability. Most funds pass on both. We don't — pressure and time, that's it, pressure and time, are really all it takes.
Focus areas
Onychomycosis & overlooked medical conditions
High-prevalence, low-glamour problems affecting millions, chronically underfunded. Somebody's got to crawl through it.
Nuclear fusion & energy of the future
Long-horizon, capital-intensive, civilization-scale upside. We've got nineteen years and a rock hammer if that's what it takes.
The greatest challenges facing mankind
Anything genuinely hard, genuinely important, and currently under-resourced because it doesn't fit a neat thesis. Some birds — and some ideas — just aren't meant to be caged.
If your pitch doesn't fit a category, that's usually a good sign. Get busy investing.