/ Conduct Index / Homebrew
Homebrew
Tier 1 Seed Fund · Seed
A-
Excellent (A-) — Capital Conduct Grade
Homebrew (Hunter Walk and Satya Patel) operates a deliberately small fund with strong founder-relationship reputation. Term-sheet behavior consistently founder-favorable; Hunter Walk's blog and public commentary establish strong founder-friendly philosophy. Pivoted to evergreen structure 2022 — continuous deployment vs. fund cycles.
88
Composite / 100
Where this grade comes from.
Term Sheet Honesty
A
Founder-Friendliness
A
Follow-On Discipline
B
Exit Support
B+
Network Quality
A-
Key events & disclosures.
- Founded 2013
- Hunter Walk + Satya Patel partners
- Evergreen structure 2022
- Plaid, Chime seed investor
/ Best for
Seed founders prioritizing partner-density and Hunter Walk's documented founder-friendly philosophy.
/ Watch out for
Evergreen structure has reduced check-writing tempo vs. traditional fund-cycle structure. Verify current operating state.