Section 32

Section 32 is the venture firm Bill Maris founded in 2017 and discusses in Bill Maris: How Google Could Crush AI Competitors, Why Small Funds Win, and AI’s Atari Stage. In the source, Section 32 is less a firm profile than Maris’s proof case for Venture Fund Size Discipline: he says the firm resisted pressure to raise as much money as possible and instead ran six funds averaging about $400 million.

Maris says Section 32 invested in companies including CrowdStrike, Cohere, and Coinbase, and he claims all six funds are top-decile performers. He also says DPI is the only venture metric that counts to him where it can be measured, linking the firm to Venture DPI Liquidity Pressure and the broader distinction between realized cash and paper marks.

Source Position

• The firm is presented as deliberately smaller than many late-stage or multibillion-dollar venture platforms.
• Maris argues that smaller funds preserve attention, concentration, and plausible return math.
• The source ties Section 32’s strategy to AI, computational biology, life sciences, and other deep technology without treating larger model training as Maris’s preferred investment target.
• The performance claims are source-attributed investor claims, not independently audited in the wiki.

Connections

• Bill Maris - founder and source speaker.
• Venture Fund Size Discipline, Venture Computer-Science Edge, Venture DPI Liquidity Pressure, and Paper Wealth Vs Cash Value - investment philosophy and return-realization concepts.
• CrowdStrike, Cohere, Coinbase, AI Atari Stage, and Computational Biology - portfolio examples and topic areas named in the source.