Blueprint's approach to venture capital investing represents a significant departure from traditional models. By offering a rules-based index, Blueprint is creating an industry benchmark for tracking the seed stage venture capital asset class.
As the industry benchmark, Blueprint will actually be defined as the beta, and therefore as beta 1 product, we have no alpha. This means that our returns will be based on the performance of the broader market, rather than on the performance of individual investments.
One key advantage of this approach is the ability to create a more diversified and efficient portfolio of early-stage startups. By using a rules-based index, Blueprint is able to identify promising startups and deploy capital in a more systematic and objective way than traditional venture capital funds.
Moreover, as the industry benchmark, Blueprint's performance will be closely watched by investors, advisors, and institutions. This could help to increase the visibility and attractiveness of the seed stage venture capital asset class, and could help to drive increased investment in this area over the long term.
In addition, Blueprint's approach to creating a rules-based index could help to address some of the challenges associated with traditional venture capital investing. For example, it could help to reduce the impact of human bias and subjectivity, and could provide a more objective and quantitative approach to investing.
Overall, Blueprint's approach to venture capital investing represents a significant opportunity for investors to access the high-growth potential of early-stage startups in a more efficient, objective, and systematic way. By creating an industry benchmark and a rules-based index for tracking the seed stage venture capital asset class, Blueprint is helping to reshape the industry and redefine the way we invest in the future of American GDP.