If you have an idea, you can create and scale a company very quickly because of your ability to reach the end user and your access to computing power. These two together are really transformational, he said.
The fund's approach is to remain flexible enough to move across various sectors rather than stick with one type of technology. This diversified exposure avoids getting caught up in the hype which could end up being short-lived, he noted.
"It's sort of future-proofing your asset allocation by trying to invest in companies that are building the future," Tauber said.
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