“For whoever has, to him more will be given, and he will have abundance.” Matthew 13:12
I remain fully committed to investing through Atman, and we continue to deliver strong results for both our LPs and the founders we back. But being close to the work only makes one thing clearer to me: the changes underway demand deeper reflection, not less. The main change is being open to incubating projects within the fund at the ground level, with ideas that leverage AI but are defensible enough not to be disrupted by it.
The Matthew Effect has never felt more present. In the age of AI, leverage is compounding faster than ever. Capital, distribution, talent, attention, and networks are increasingly flowing to those who already have them. This is why I believe we are entering a truly K-shaped future.
The separation is no longer abstract. It is already here.
Part of what makes this moment so disorienting is that social media distorts our perception of reality. You open X or Instagram, and it feels like everyone is ahead of you, building faster, making more, winning bigger. Most of that is noise. But the underlying divergence is real.
Progress will not be evenly distributed. Some people and firms will compound at extraordinary speed. Others will get left behind.
The opportunity is enormous. So is the cost of being late, distracted, or complacent. But if this new era compounds gains for the few while quietly eroding perspective, peace, and meaning for everyone else, then we should be willing to ask the harder question: when it has cost you enough, is it still progress?