Adams Capital Management

1) Adams espouses a “market first” analysis of opportunity by looking for discontinuities. Is this substantive or window – dressing? Do the four types four of discontinuities represent applicable guidelines? Are they comprehensive, or are there other discontinuity templates that a venture investor would find useful?

2) Analyze Structured Navigation. Is this a valid measurement of progress in early stage investing? Could such a program ever be a hindrance to company development?

3) How does the ACM approach affect the recruiting, training, and management of ACM partners?

4) How should LPs of ACM view the ACM approach to technology start – up (i.e.: Discontinuities and structured Navigation)?

5) How Should ACM shift its strategy?