| The best AI is specific

Welcome to Leverage, Hypha's biweekly newsletter. 

There are many types of leverage--financial, operational, social, talent, data, insight, and decision.

Hypha is our proprietary collaboration platform helping our leaders in asset management gain leverage–through better data, better insight, decisions, and better execution. 

Similarly, the insight from our newsletter, helps you gain leverage with better ideas and tools in this AI age.

In this first edition, I’d like to share the principles that form the foundation of Hypha.

Hypha Principles

Earlier this year, Simcha Hyman and I joined forces to build a new kind of platform for the asset management industry—one that puts people at the center of AI-native collaboration.

Our partnership gives us an edge. Simcha built a $4B+ family office at the intersection of private equity, real estate, and venture. I bring two decades of building venture-backed startups with four successful exits  through three major tech cycles: social, mobile, and now AI.

We’ve both been through wars and share the same values—make bold, intentional decisions; avoid waste in capital, time, and thinking; and focus on what matters most: high-leverage decision-making.

The ultimate asset is human capital, and we’re here to make it your best leverage.

Here are the principles Hypha is built on:

- Human-First > Tech-First

- Depth > Breadth

- Momentum > Perfection

Building Something Different 

If you ask us, a durable platform needs to be human-first.

Technology waves will continue to emerge and integrate with our lives, but new technology should assist us, not replace us. 

We choose to build a platform that helps teams collaborate and make high-leverage decisions together

Human-First > Tech-First

Most AI teams start with the model and look for problems to solve with it. We do the opposite.

We start with people—their workflows, friction points, and decisions—and build software that feels like it was made for them.

Instead of building on assumptions, we build on observations. We listen, we observe, and we co-build with everyone around the table: the lenders, borrowers, lawyers, title companies.

I’ve always believed that elegant solutions require craft × empathy × resilience. A cohesive platform—where each building block works seamlessly—can’t be built by genius alone. Especially in the age of AI, we need builders and subject matter experts co-creating together. That’s why “around the table” isn’t optional.

We obsess over how data is presented so it doesn’t overwhelm you; we obsess over how agents show their work so you can easily evaluate their output; we obsess over keyboard shortcuts so you can “flow” through the platform.

We measure our success not just by how much time you save, but also by how much lighter you feel, and how much more headspace you have for higher-leverage decision making.

Building Hypha won’t be easy. There will be roadblocks and setbacks. But when we put human collaboration at the center, it anchors us to our why—and everything else follows.

Depth > Breadth

In the AI arms race, speed is everywhere. Conviction is rare.

At Hypha, we've made a choice: go deep, not wide.

This conviction comes directly from listening to asset managers. The root cause of being stuck in reactive mode isn't a lack of tools—it's fragmented data. Documents buried in emails, scattered versions, hundreds of pages to parse for a single data point.

So we solve the hard problem others avoid: building a trusted single source of truth from fragmented, unstructured data. That's Synthesis.

When Github launched in 2008, it gave developers a shared language and platform. No engineer works without it since.

We're building the Github for Asset Management—vertically integrated collaboration platform that is shaping how the asset management industry works.

Momentum > Perfection

Clarity brings conviction, and conviction leads to action.

We don’t try to solve everything at once. We lean into first principles, identify the highest-leverage problems, find the right talent, and we move. When we hire, we look for “fire starters” and “fire tenders”—people who ignite new work and people who shepherd it into production.

We prioritize momentum—because speed with focus compounds.

When we optimize for momentum, there’s a natural tension between chaos and control. Too much chaos, you lack focus and risk bloat. Too much control, you stifle innovation and first principles thinking.

We monitor what we call the “chaos-to-control ratio.” We need just enough chaos to move fast and solve problems in ways more intuitive and lighter than anyone has done before.

That’s why we have a strong in-person culture—not mandated, but voluntary. People come because they’re energized by the mission and love solving hard problems with smart, kind people. Being together lets us observe the chaos-to-control ratio in real time. Every standup, every client conversation recalibrates our roadmap, our hiring, our next move.

We have a saying here–the future runs at Hypha speed. And we can’t wait to build it with you!

— Peter

Ideas that caught our attention: 

  • Our friends at Monticelloam, in partnership with BlackRock, announced equity investments and the execution of a revolving credit facility and a repurchase agreement.

  • How is private credit changing in the healthcare industry? WhiteHorse Capital leaders talk about it.

  • The nursing home industry is doing well — and lenders are taking notice.

Join Us In Miami at ECore!

This November in Miami, we’ll be posting up at Ecore Summit from Nov. 16-18 — see us at our booth, and be sure to catch our panel about the impact of AI on multifamily real estate along with our friends at Monticelloam.  

This is a huge moment in the lending industry, as we share how AI is going to transform the way lenders work, and drive better outcomes. 

Let us know if you plan to attend and hope to see you there.

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