What is Coalescence Group?
We are a pioneering company, mostly made of a collection of different companies. Fundamentally, we believe this allows us more management scale, as we can run things independently that aren’t very related.
What do we do?
We are in the business of starting new things. We make small bets in areas that might seem very speculative or even bizarre, because we believe that over time companies tend to get comfortable doing the same thing, just making incremental changes. But in our world today, where revolutionary ideas drive the next big growth areas, you need to be a bit uncomfortable to stay relevant. We strive to do more, and to do important and meaningful things with the resources we have. We are trying to do things other people think are crazy but we are super excited about.
Coalescence Group is about businesses prospering through strong leaders and independence. In general, our model is to have a strong CEO who runs each business, with a principal CEO in service to them as needed. This principal CEO will rigorously handle capital allocation and work to make sure each business is executing well. He or she will also make sure we have a great CEO for each business, and will determine their compensation. It should be added that we are not intending for this to be a big consumer brand with related products—the whole point is that Coalescence Group companies should have independence and develop their own brands.