HST Ventures, LLC

PROCESS

A disciplined investment process.

Durable results begin with deep research, disciplined analysis and thoughtful execution. We follow a rigorous, uncompromising, team-oriented, research-intensive investment process with five pillars.

  1. 01

    Analysis of industry structure and trends

  2. 02

    Dissection of business model

  3. 03

    Evaluation of management team and incentives

  4. 04

    Appraisal of value

  5. 05

    Consideration of exogenous factors

Diligence

We target a minimum of 100 hours of research and due diligence before making a meaningful investment

That work is not limited to models and market structure. A substantial share of the process is devoted to getting to know and understand management: how they think, how they operate, how they communicate, how incentives are aligned, and how they allocate capital through time.