From Fortune · Nick Lichtenberg · · 2m
AJ Scaramucci's $350m Bet on Programmable Reality
AJ Scaramucci reveals $350m investment in 'Programmable Reality' thesis.
In brief
AJ Scaramucci reveals $350m investment in 'Programmable Reality' thesis. AJ Scaramucci's Solari Capital bets $350m on programmable reality, where software engineers biology, intelligence, and matter. Originally reported by Fortune.
AJ Scaramucci's stealth career
AJ Scaramucci built companies unnoticed for most of the last decade, backing bitcoin miners and satellite startups before his investment thesis.
Solari Capital's $350m deployment
Solari Capital, the venture firm Scaramucci took out of stealth, has deployed roughly $350 million across early-stage investing and in-house incubations.
Scaramucci's science background
Scaramucci began in science, working in bioelectronics labs and Tesla before joining Google, where he briefly worked alongside Eric Schmidt.
Programmable Reality thesis
Scaramucci's programmable reality thesis states that biology, intelligence, physical matter and money become software-engineerable with computational power.
Four verticals of the thesis
The thesis splits into four verticals: programmable intelligence, biology, matter, and finance, each with specific bets.
Programmable Intelligence portfolio
Solari's programmable intelligence bets include xAI, Suno, Physical Superintelligence, and Kira Learning, an AI-native education platform.
Programmable Biology portfolio
The programmable biology portfolio covers computational drug discovery, gene therapy, immunotherapy, and longevity with companies like Tessera Therapeutics.
Programmable Matter portfolio
Solari's programmable matter bets include aerospace, defense, energy, materials science, semiconductors, and robotics companies like Varda Space.
Programmable Finance portfolio
The programmable finance portfolio includes fintech, blockchain infrastructure, and decentralized finance with companies like Genius Terminal.
Scaramucci's collectibles market
Scaramucci views collectibles as cultural store of value, having bought a $2 million Iron Man comic and a record-setting Pokémon card.
Treasure Trove collectibles
Treasure Trove, a collectibles holding company, targets ordinary investors in the $25 trillion asset class Scaramucci calls a 'sleeping giant'.
In-house incubation
Solari builds companies in-house, with Radial Health treating treatment-resistant depression using transcranial magnetic stimulation and ketamine.
Scaramucci's network
Scaramucci's network includes SV Angel founder Ron Conway, Eric Schmidt, and Peter Diamandis, who has founded more than 25 companies.
Scaramucci's contrarian view
Scaramucci argues that currency debasement is a defining reality of 21st-century finance, with the average life expectancy of a currency running around 26 years.
Scaramucci's optimism
Scaramucci sees radical abundance in programmable reality, where food, water, shelter and basic needs become covered by software.
What happens next
Scaramucci will continue to double down on programmable reality, betting that exponential growth in computational power will reshape the economy.
The headline
AJ Scaramucci's Solari Capital bets $350m on programmable reality, where software engineers biology, intelligence, and matter.
