Investing in the future replacing the past.
AI is the most transformative technology of our lifetimes. Milton Maxwell is a research-driven investment firm built on that conviction, backing companies at every stage of the AI build-out, from the earliest startups to the largest public companies, with the same technology running through all of our own work.
- Focus
- AI
- Range
- Seed to public
- Based in
- San Francisco
- Est.
- 2025
Seed to public, one research process.
Checks into early-stage startups, positions in growth-stage companies, and a concentrated long/short book in the public markets. The depth of our research is what sets us apart, and AI is in the loop at every step.
Thirty years in tech and investing between the two of us.
We're Charlie Yuan and Alex Soong, and we were doing this before the firm had a name. The angel checks are written, the fund positions taken, the public book live. We run the firm from our incubator at SF Patchworks, surrounded by the engineers and operators whose work shapes the companies we follow.
We publish the work that drives our investing.
Essays and monthly notes from the desk, on the AI build-out and the businesses being made and remade around it.