Only One Deal a Year
Contrarian investment firm does one deal per year with no capital allocation pressure.
“We try to do one deal a year. That's all. We do not have a capital allocation schedule.”
A speaker on No Priors describes a contrarian PE approach: one deal per year, no investor pressure to deploy capital, and engineers included in investment decisions. The content is about investment philosophy, not AI specifically, and contains no meaningful AI industry signal.