Paragraph 3 > The thesis, developed five years ago, is to invest at the early stage in founders aiming to build capital-efficient profit-focused calm companies

Paragraph 3 > The thesis, developed five years ago, is to invest at the early stage in founders aiming to build capital-efficient profit-focused calm companies. Although this might sound like common sense, it was basically heresy among professional investors five years ago and still remains a deeply non-consensus approach to investing. That explains what a calm company is?