Founder of San Francisco-based multi-strategy firm Architect Capital; previously invested in Juul; focuses on complex, misunderstood harm-reduction businesses with incentive-aligned LP base.
no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY
OnlyFans is the largest creator economy ($8B GMV, $1.5B revenue, $750M EBITDA) with a harm-reduction model where creators keep 80% revenue and are fully KYC'd. Bought at <3x revenue with intent to build better creator tools, expand beyond adult content, and take the company public.
Architect Capital intentionally structures its LP base to avoid principal-agent problems that restrict traditional funds from investing in complex, morally ambiguous opportunities like Juul and OnlyFans, enabling them to buy at low prices with downside protection and build convexity.