Vocation invests at inception in founders who hold themselves to a higher bar.
The cost of building has collapsed. A founder with the right instincts can validate a real insight before raising a dollar. The best ones are doing exactly that.
They are not chasing a founder identity. They keep raising their own bar for what's worth building.
Vocation exists for them.
The work happens before fundraising. Sometimes years before. Vocation invests time before capital, watching how a founder's thinking evolves, what they choose to build, what they choose not to. Often, the most useful thing Vocation can offer is the advice not to start yet.