From ‘Grow at All Costs’ to Profits: A New Fund for 2026
Tue Feb 03 2026
Profit beats “power law” this week as Brian Belley and Teddy Lyons unveil the Kingscrowd Capital Profitability Fund—built to target venture-like returns with materially lower risk. 00:17 intro & announcement; 01:26 thesis overview; 01:48 why power law hurts most investors; 02:36 targeting profitable private companies; 03:01 strict screen (2 yrs positive NI, ≥$1M rev, YoY growth, rev multiple ≤7.5x, 3.0+ KC rating, 5-yr exit path); 03:31 portfolio design (25 companies, concentrated, equal/pro-rata); 04:20 case study: LMNT growth & margins; 06:05 case study: ConsumerDirect’s valuation step-up; 07:03 current pipeline examples; 07:51 return target (3–5x fund) & risk profile; 08:15 fund size & LP-friendly fees (≈1% mgmt, 5% carry); 09:05 webinar details & how this complements Fund I.
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Profit beats “power law” this week as Brian Belley and Teddy Lyons unveil the Kingscrowd Capital Profitability Fund—built to target venture-like returns with materially lower risk. 00:17 intro & announcement; 01:26 thesis overview; 01:48 why power law hurts most investors; 02:36 targeting profitable private companies; 03:01 strict screen (2 yrs positive NI, ≥$1M rev, YoY growth, rev multiple ≤7.5x, 3.0+ KC rating, 5-yr exit path); 03:31 portfolio design (25 companies, concentrated, equal/pro-rata); 04:20 case study: LMNT growth & margins; 06:05 case study: ConsumerDirect’s valuation step-up; 07:03 current pipeline examples; 07:51 return target (3–5x fund) & risk profile; 08:15 fund size & LP-friendly fees (≈1% mgmt, 5% carry); 09:05 webinar details & how this complements Fund I.