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  "documentTitle": "Earl Grey Fund II public",
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  "notes": "Includes a visual stack diagram of the internet's programmatic layers.",
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      "text": "We have observed that many other investors are not as technical nor experienced as us, and therefore, spend more time where they are comfortable (end user/app level). Yet, businesses like Stripe, Twilio, AWS, Plaid and Clearbit have accrued billions in market value by providing programmatic layers for finance, telecom, hosting, and marketing, respectively.",
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      "text": "Today, there are no venture funds that focus on internet programmability - which we define as the APIs, platforms, and protocols/infrastructure that enable others to automate & build.",
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      "text": "In Oct 2021, we (Earl Grey I) invested in Writer, a rapidly growing AI writing assistant, alongside Insight Partners and a number of other well-regarded microfunds & angels.",
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      "text": "In web3, we think the opportunity is larger and more greenfield - blockchains can only be interacted with programmatically, after all. While others may focus on the latest retail hype/meme projects we will focus on finding the next Alchemy, Polygon, Ethereum, Uniswap, Syndicate, or Thirdweb's.",
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      "text": "With the new fund, we plan to exploit a more specific opportunity: the programmatic layers of the internet.",
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