Nick started his career at Yale's Investment Office under David Swensen and applies endowment-investing principles to venture capital, focusing on getting incentives right and working from first principles rather than traditional VC pattern-matching. He was one of the earliest institutional investors to publicly champion Bitcoin and crypto infrastructure from a financial-services perspective, already explaining in 2013 why Ribbit was actively seeking Bitcoin companies while other VCs on the same panels said they would only touch equity. Nick started his career at Yale's Investment Office under David Swensen and applies endowment-investing principles to venture capital, focusing on getting incentives right and working from first principles rather than traditional VC pattern-matching. He was one of the earliest institutional investors to publicly champion Bitcoin and crypto infrastructure from a financial-services perspective, already explaining in 2013 why Ribbit was actively seeking Bitcoin companies while other VCs on the same panels said they would only touch equity.