Valiant Peregrine

Valiant Peregrine was founded in 2019, with the belief that many of the world's best companies are staying private longer and are creating significantly more value as private companies than in prior decades. Our founder, Danny Karubian, was previously a Founding Partner at Valiant Capital, our affiliate, where he led many of Valiant's investments in public and private technology and consumer internet businesses, prior to founding Peregrine. Investment Strategy & Philosophy Our north star at Peregrine is investing in high-quality growth businesses at reasonable valuations. We pursue this goal collaboratively with a disciplined and research-driven investment approach. We strive to find market-leading companies across the technology and consumer landscapes, with a global mandate but a focus on North America. Our strategy is centered around building long-term partnerships with exceptional management teams to drive sustainable returns for our investors. What We Look For ▪ Market leader with competitive moat ▪ Undeniable product/market fit ▪ Team with track record of execution, ideally founder-led ▪ 20%+ revenue growth / profitable or will be within 3 years ▪ Large TAM with legacy incumbents ▪ Underwrite to reasonable multiples of near-term earnings or cash flow