The Kohli Ventures focus is on exponential growth opportunities that are derived from the chain reaction of rapid technological progression. We seek to directly back the founders of visionary growth-stage ventures in the areas of artificial intelligence, robotics, biotech, and esports. We have synthesised our investment philosophy from the precepts of the ‘Six D’s of Exponential Growth’ by Peter H Diamandis and Steven Kotler.
Anything that becomes digitized enters the same exponential growth we see in computing. Digital information is easy to access, share, and distribute. It can spread at the speed of the internet. Once something can be represented in ones and zeros—from music to biotechnology—it becomes an information-based technology and enters exponential growth.
The existing market for a product or service is disrupted by the new market the exponential technology creates because digital technologies outperform in effectiveness and cost. Once you can stream music on your phone, why buy CDs? If you can also snap, store, and share photographs, why buy a camera and film?
When something starts being digitized, its initial period of growth is deceptive because exponential trends don’t seem to grow very fast at first. Doubling .01 only gets you .02, then .04, and so on. Exponential growth really takes off after it breaks the whole-number barrier. 2 quickly becomes 32, which becomes 32,000 before you know it.
Separate physical products are removed from the equation. Technologies that were once bulky or expensive—radio, camera, GPS, video, phones, maps—are now all in a smartphone that fits in your pocket.
Money is increasingly removed from the equation as technology becomes cheaper, often to the point of being free. Software is less expensive to produce than hardware and copies are virtually free. You can now download any number of apps on your phone to access terabytes of information and enjoy a multitude of services at costs approaching zero.
Once something is digitized, more people can have access to it. Powerful technologies are no longer only for governments, large organizations, or the wealthy.