Doriot
01 / 14
Built to scale venture discovery before equity exists
VentureStaking® — a non-security discovery capital system

Discovery-first. Investment later (optional). No equity through VentureStaking.

02 / 14

Venture's hidden constraint is information asymmetry

Capital doesn't freeze because ideas are risky — it freezes because execution is not observable early enough.

Today

  • Episodic pitches
  • Private diligence
  • Insider networks
  • Binary decisions
  • High mismatch risk

With Doriot

  • Continuous evidence
  • Shared evaluation
  • Open discovery arenas
  • Signal before capital
  • Lower mismatch risk

Evidence becomes legible before equity exists.

Peer-reviewed research identifies information asymmetry as a primary constraint on efficient early-stage capital allocation.

03 / 14

Investors fund signal — but signal requires evidence

At Day Zero, underwriting defaults to proxies (pedigree, network, narrative) because execution cannot be seen.
Constraint
Execution is private
Missing
Evidence
Outcome
Capital freezes
Pedigree proxies Network access Pitch persuasion Observable artifacts
04 / 14

Discovery without selling equity

Early-stage venture breaks when discovery is forced into investment.
Discovery
Before valuation
Evidence
Requires time
Investment
After signal

Discovery capital must exist before investment capital can function.

05 / 14

Community Venture Arenas

Every serious capital-adjacent community already performs discovery — informally. Doriot makes it governed, observable, and repeatable.
Community
Demand + trust
Arena
Rules + neutrality
Evidence
Artifacts over time
Governed process Observable execution Comparable signal
06 / 14

VentureStaking® is discovery infrastructure

A neutral mechanism for surfacing execution signal — not investing.
1 — Signal demand
Community governance
2 — Execute in public
Artifacts over time
3 — Signal emerges
Before valuation

Any future investment activity occurs separately and outside the VentureStaking® discovery system.

07 / 14

A better deal for everyone — because roles are separated

When discovery is neutral, each participant gets what they actually need.

Founders

  • Evidence without dilution
  • Structured accountability
  • No premature valuation

Communities

  • Responsible participation
  • Transparent process
  • Learning without conflicts

Investors

  • Stronger pre-seed signal
  • Cleaner downstream diligence
  • No access risk
08 / 14

From discovery to prediction

Observable execution creates a new venture intelligence layer.
Observable execution
Raw signal
Discovery dataset
Longitudinal asset
Venture intelligence
Prediction layer

What exists today

  • Pitch narratives
  • Private diligence notes
  • Episodic impressions
  • Non-shareable insight

What Doriot creates

  • Behavioral execution data
  • Comparable founder trajectories
  • Signal before valuation events
  • A venture discovery terminal

$10B+ is spent annually on early-stage discovery, scouting, diligence, and founder support — yet almost none of it compounds into durable signal.

Predictive analytics Execution benchmarks Institutional discovery intelligence Programmable representations of signal (not equity)

Any downstream financial or investment activity occurs separately and outside the VentureStaking® discovery system.

09 / 14

Why this is hard to copy

Because discovery neutrality breaks most existing incentives — and the dataset compounds over time.

Compliance-first architecture

Discovery is separated from investing by design — no ownership, no expectation, no gray zones.

Category language + IP

VentureStaking® defines a new layer: not a fund, not an accelerator, not RegCF.

Longitudinal dataset

Execution artifacts accumulate into time-series signal that cannot be reconstructed from pitch events.

Why incumbents can't bolt this on

Most platforms can't adopt neutrality without undermining their own incentives.

10 / 14

We ran the system ourselves

VentureStaking Round
$43,000
Discovery grant deployed
Non-dilutive • discovery phase
Participation
327
VentureStakers
7 countries
Demonstrated
$443,000
Downstream investing power
Separate from discovery system
Cadence
Weekly
Execution artifacts consumed as signal
Longitudinal evidence

The pilot demonstrates market openness to a pre-equity funding mechanism to wait and watch for signal.

11 / 14

Founding Team

Gerry Hays

Gerry Hays

Founder
  • Lawyer (market structure + compliance)
  • Professor of Venture (6,000+ students)
  • Originator of VentureStaking®
  • Ran first round end-to-end
Akram Mnif

Akram Mnif

Technical Co-Founder
  • 10-year collaboration
  • Full-stack + blockchain/distributed systems expertise
  • Built and shipped two major infrastructure projects with Hays
12 / 14

Commercialization team members - post raise

Names held in confidence—team members are actively employed elsewhere. Details available during due diligence.

Chief of Staff
Currently Systems & Organization Engineer for Space and Defense Engineering Firm. Located in or will relocate to Bloomington, IN. Prior collaboration with Hays.
Chief Development Officer
Currently heading Major Gifts for Top 10 Business School, deep connections into Middle East and Asia. Located in or will relocate to Bloomington, IN.
VP of University Partnerships
Deep understanding of university venture activities. Located in or will relocate to Bloomington, IN.
CEO Coach
Former Chief of Staff to Jason Calacanis. Will coach Hays on PR, Networking, Partnerships, and Messaging. Based in LA.
Special Ops Team
Three IU Kelley–trained operators with strengths across finance, go-to-market, social, and community. Deployed for rapid execution on priority initiatives. Each has 1+ year of direct collaboration with Hays.

Commercialization team assembled and ready to activate post-funding. Additional details available during due diligence.

13 / 14

Why now

Venture's discovery model is misaligned with how companies now emerge.
Products ship faster
Execution is no longer scarce
Moats have shifted
Community + distribution
Discovery is outdated
Still episodic and opaque

Tokenization and programmable ownership are inevitable — but only once discovery signal is observable, governed, and neutral.

With AI, the economics of capital allocation are changing rapidly.

14 / 14

Raising to Commercialize Founder Discovery

  • Launch and scale our first Community Venture Arena
  • Build the production-grade platform (not a hack build)
  • Establish durable compliance & governance for scale

Our Commercial Focus

01 Make one Community Venture Arena massively successful
02 Codify the playbook
03 Build a pipeline of 10 Arenas behind it

This presentation is informational and not an offer to sell securities.

Interested?

Express your interest — non-binding, no money solicited.

Express Interest

This is informational only. Not an offer to sell securities.