Perspectives

Eleven essays from the rope —
on risk, judgment, long climbs.

Written by Matt Paul, our CFO. The photography is ours too — where mountaineering meets venture.

Three decades of the firm’s own photography.

← Boulder Ventures

Perspectives · The Journal

Mountains and markets.

Every essay below is written by Matt Paul. Read them on the official site.

Essay · Jul 2026

Finding the Window

On timing, weather, and the discipline of waiting for the right moment to move. Essay · Jun 2026

What If OpenAI Craters?

A sober look at concentration risk — in a portfolio and on a ridgeline. Essay · May 2026

Team Ascent

The route, drawn before the climb — and what a rope team owes each of its members. Essay · Apr 2026

A Few Small Plants

Patience, compounding, and the long view from a big wall. Essay · Apr 2026

When Guides Fall

Judgment under uncertainty, from someone who has guided both. Essay · Feb 2026

The Artist’s Mill

On craft, hand-made things, and the value of doing the work yourself. Essay · Dec 2025

The Geography of Risk

Why two underserved geographies can be the safest ground of all. Essay · Nov 2025

Revy the Berner

A dispatch from the Floor Manager — and what a dog teaches an office. Essay · Oct 2025

Building Bridges

Crossings, exposure, and the relationships that carry a firm for decades. Essay · Sep 2025

Breakthroughs

How the biggest outcomes actually arrive — slowly, then all at once. Essay · Aug 2025

Witchdoctors

On expertise, intuition, and knowing which to trust.
Read Perspectives ↗
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