:root{--mono-b0-light:#fff;--mono-b1-light:#f5f5f5;--mono-b2-light:#eee;--mono-b3-light:#c9c9c9;--mono-b4-light:#737373;--mono-b5-light:#525252;--mono-b6-light:#0a0a0a;--mono-b0-dark:#000;--mono-b1-dark:#0e0e0e;--mono-b2-dark:#1a1a1a;--mono-b3-dark:#666;--mono-b4-dark:#8a8a8a;--mono-b5-dark:#adadad;--mono-b6-dark:#fff;--mono-a1-light:#4145c5;--mono-a2-light:#3236a3;--mono-a3-light:#c5c7f0;--mono-a1-dark:#fd9968;--mono-a2-dark:#ffb48f;--mono-a3-dark:#8a4325;--mono-a-deep-light:#16185a;--mono-a-deep-dark:#14123f;--mono-link-hover-light:#3236a3;--mono-link-hover-dark:#ffb48f;--mono-surface-dark-bg:#0a0a0a;--mono-surface-dark-text:#fff;--mono-surface-dark-muted:#a3a3a3;--system-danger-light:#b42318;--system-danger-dark:#e04438;--system-success-light:#067647;--system-success-dark:#32d583;--system-overlay-scrim:#00000059;--system-overlay-scrim-strong:#0006;--system-elevation-shadow-soft:0 4px 16px 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3rem);--max-w-site:1400px;--max-w-text:680px;--max-w-wide:900px;--navbar-logo:1.5rem;--portal-topbar-py:1rem;--portal-topbar-content:2rem;--portal-component-px:1.25rem;--portal-sidebar-px:1.5rem;--portal-sidebar-p-sm:1rem;--control-height:2.25rem;--control-height-sm:1.75rem;--control-height-lg:2.875rem;--portal-sidebar-logo:1.5rem;--golden-ratio:1 / 1.618;--icon-size-sm:1rem;--icon-size-md:1.25rem;--icon-size-lg:1.5rem;--ease-out:cubic-bezier(.16, 1, .3, 1);--ease-in-out:cubic-bezier(.65, 0, .35, 1);--ease-spring:cubic-bezier(.34, 1.56, .64, 1);--duration-fast:.15s;--duration-base:.3s;--duration-slow:.6s;--duration-slower:.9s;--nav-height:72px;--border-width:1px;--border-radius:2px;--border-radius-lg:6px;--border-radius-card:8px;--border-radius-pill:999px;--card-padding-sm:1.25rem}:root[data-theme=dark]{--_b0:var(--mono-b0-dark);--_b1:var(--mono-b1-dark);--_b2:var(--mono-b2-dark);--_b3:var(--mono-b3-dark);--_b4:var(--mono-b4-dark);--_b5:var(--mono-b5-dark);--_b6:var(--mono-b6-dark);--_a1:var(--mono-a1-dark);--_a2:var(--mono-a2-dark);--_a3:var(--mono-a3-dark);--_a-deep:var(--mono-a-deep-dark);--_link-hover:var(--mono-link-hover-dark);--_surface-dark-bg:var(--mono-b2-dark);--_surface-dark-text:var(--mono-surface-dark-text);--_surface-dark-muted:var(--mono-surface-dark-muted);--_color-danger:var(--system-danger-dark);--_color-success:var(--system-success-dark)}
*,:before,:after{box-sizing:border-box;margin:0;padding:0}html{background-color:var(--color-bg);--lightningcss-light:initial;--lightningcss-dark: ;color-scheme:light;scroll-behavior:smooth;scroll-padding-top:var(--nav-height);-webkit-font-smoothing:antialiased;-moz-osx-font-smoothing:grayscale;text-rendering:optimizelegibility;font-size:16px}[data-theme=dark]{--lightningcss-light: ;--lightningcss-dark:initial;color-scheme:dark}body{font-family:var(--font-primary);font-size:var(--type-body);font-weight:var(--fw-regular);line-height:var(--leading-body);color:var(--color-text);background-color:var(--color-bg);transition:background-color var(--duration-slow) var(--ease-out), color var(--duration-slow) var(--ease-out)}:focus-visible{outline:2px solid var(--color-accent);outline-offset:3px}h1,h2,h3,h4,h5,h6{font-family:var(--font-primary);font-weight:var(--fw-regular);line-height:var(--leading-heading);letter-spacing:var(--tracking-heading);text-wrap:balance;color:var(--color-text)}h1{font-size:var(--type-statement)}h2{font-size:var(--type-heading)}h3{font-size:var(--type-subheading)}p{color:var(--color-text-secondary);line-height:var(--leading-body)}p+p{margin-top:var(--space-4)}strong{font-weight:var(--fw-medium);color:var(--color-text)}a{color:inherit;text-decoration:none;position:relative}ul{list-style:none}ul li{padding-left:1.25em;position:relative}ul li:before{content:"–";color:var(--color-accent);font-weight:var(--fw-regular);position:absolute;left:0}img{max-width:100%;height:auto;display:block}svg{display:block}.container{width:100%;max-width:var(--max-w-site);padding-inline:var(--section-px);margin-inline:auto}.container--wide{padding-inline:var(--section-px-wide)}.container--text{max-width:var(--max-w-text)}hr{border:none;border-top:1px solid var(--border-color)}.divider{background-color:var(--border-color);width:100%;height:1px}.skip-link{top:var(--space-3);left:var(--space-3);z-index:200;padding:var(--space-2) var(--space-4);background:var(--surface-dark-bg);color:var(--surface-dark-text);font-size:var(--type-meta);font-weight:var(--fw-medium);translate:0 calc(-100% - var(--space-4));transition:translate var(--duration-base) var(--ease-out);border-radius:999px;text-decoration:none;position:fixed}.skip-link:focus-visible{outline:2px solid var(--color-accent);outline-offset:2px;translate:0}.site:focus{outline:none}.sr-only{clip:rect(0 0 0 0);white-space:nowrap;border:0;width:1px;height:1px;margin:-1px;padding:0;position:absolute;overflow:hidden}::selection{background-color:var(--a3);color:var(--b6)}@media (prefers-reduced-motion:reduce){html{scroll-behavior:auto}}
:root{--type-display:clamp(3rem, 1.6rem + 6.2vw, 8.5rem);--type-title:clamp(2.5rem, 1.67rem + 3.7vw, 5rem);--type-statement:clamp(1.75rem, 1.33rem + 1.85vw, 3rem);--type-heading:clamp(1.375rem, 1.21rem + .74vw, 1.875rem);--type-subheading:clamp(1.125rem, 1.08rem + .19vw, 1.25rem);--type-lead:clamp(1.25rem, 1.13rem + .56vw, 1.625rem);--type-body:clamp(1.0625rem, 1.02rem + .19vw, 1.1875rem);--type-small:.9375rem;--type-meta:.8125rem;--type-eyebrow:.75rem;--type-app-title:clamp(2rem, 1.6rem + 1.8vw, 3.25rem);--type-ui:.875rem;--type-caption:.75rem;--type-badge:.625rem;--leading-display:.92;--leading-title:.98;--leading-statement:1.12;--leading-heading:1.2;--leading-lead:1.35;--leading-body:1.62;--leading-ui:1.4;--tracking-display:-.045em;--tracking-title:-.035em;--tracking-statement:-.025em;--tracking-heading:-.015em;--tracking-lead:-.01em;--tracking-meta:.005em;--tracking-eyebrow:.12em}.t-display{font-family:var(--font-display);font-size:var(--type-display);font-weight:var(--fw-light);line-height:var(--leading-display);letter-spacing:var(--tracking-display);text-wrap:balance}.t-title{font-family:var(--font-display);font-size:var(--type-title);font-weight:var(--fw-light);line-height:var(--leading-title);letter-spacing:var(--tracking-title);text-wrap:balance}.t-statement{font-size:var(--type-statement);font-weight:var(--fw-light);line-height:var(--leading-statement);letter-spacing:var(--tracking-statement);text-wrap:balance}.t-heading{font-size:var(--type-heading);font-weight:var(--fw-regular);line-height:var(--leading-heading);letter-spacing:var(--tracking-heading);text-wrap:balance}.t-subheading{font-size:var(--type-subheading);font-weight:var(--fw-medium);line-height:var(--leading-heading);letter-spacing:var(--tracking-lead);text-wrap:balance}.t-lead{font-size:var(--type-lead);font-weight:var(--fw-light);line-height:var(--leading-lead);letter-spacing:var(--tracking-lead);text-wrap:pretty}.t-body{font-size:var(--type-body);font-weight:var(--fw-regular);line-height:var(--leading-body);text-wrap:pretty}.t-small{font-size:var(--type-small);font-weight:var(--fw-regular);line-height:var(--leading-ui)}.t-meta{font-size:var(--type-meta);font-weight:var(--fw-medium);line-height:var(--leading-ui);letter-spacing:var(--tracking-meta)}.t-eyebrow{font-size:var(--type-eyebrow);font-weight:var(--fw-medium);letter-spacing:var(--tracking-eyebrow);text-transform:uppercase;line-height:1}.t-app-title{font-family:var(--font-display);font-size:var(--type-app-title);font-weight:var(--fw-light);line-height:var(--leading-title);letter-spacing:var(--tracking-title);text-wrap:balance}.t-ui{font-size:var(--type-ui);font-weight:var(--fw-regular);line-height:var(--leading-ui)}.t-numeric{font-family:var(--font-mono);font-size:var(--type-meta);font-weight:var(--fw-regular);line-height:var(--leading-ui);letter-spacing:0;font-variant-numeric:tabular-nums}.site{font-size:var(--type-body);line-height:var(--leading-body);font-feature-settings:"kern", "liga", "calt"}:where(.site) p{line-height:var(--leading-body);text-wrap:pretty}:where(.site) :is(h1,h2,h3,h4){letter-spacing:normal}.text-link{color:var(--link);font-size:var(--type-meta);font-weight:var(--fw-medium);letter-spacing:var(--tracking-meta);transition:color var(--duration-fast) var(--ease-out), gap var(--duration-base) var(--ease-out);align-items:center;gap:.4em;display:inline-flex}.text-link:hover{color:var(--link-hover);gap:.7em}
:root{--grid-columns:12;--grid-gap:clamp(1rem, .6rem + 1.6vw, 1.5rem);--site-section-py:clamp(4.5rem, 3rem + 6.5vw, 9rem);--site-row-gap:clamp(1.25rem, .85rem + 1.6vw, 2.5rem);--duotone-ink:#14165a;--duotone-paper:#d97a55}[data-theme=dark]{--duotone-paper:var(--color-accent)}.nav{z-index:100;height:var(--nav-height);padding-inline:var(--section-px);mix-blend-mode:difference;color:#fff;transition:opacity var(--duration-base) var(--ease-out), transform var(--duration-base) var(--ease-out);background-color:#0000;align-items:center;display:flex;position:fixed;top:0;left:0;right:0}.nav__inner{justify-content:space-between;align-items:center;width:100%;display:flex}.nav__logo{align-items:center;display:flex}.nav__logo svg{height:var(--navbar-logo);width:auto;color:inherit;transition:opacity var(--duration-fast) var(--ease-out)}.nav__logo:hover svg{opacity:.7}.nav__links{align-items:center;gap:clamp(1.25rem,3vw,3rem);list-style:none;display:flex}.nav__links li{padding:0}.nav__links li:before{display:none}.nav__links a{font-size:var(--type-small);font-weight:var(--fw-regular);letter-spacing:var(--tracking-meta);transition:opacity var(--duration-fast) var(--ease-out)}.nav__links a:hover{opacity:.6}.nav__links a[aria-current=page]{text-underline-offset:.35em;text-decoration:underline;text-decoration-thickness:1px}.nav__utilities{align-items:center;gap:var(--space-3);display:flex}.nav__portal-link{min-height:var(--portal-topbar-content);padding-inline:var(--space-2);border-radius:var(--border-radius);color:inherit;transition:opacity var(--duration-fast) var(--ease-out);justify-content:center;align-items:center;display:inline-flex}.nav__portal-link:hover{opacity:.6}.portal-account__avatar{--portal-avatar-size:var(--portal-topbar-content);width:var(--portal-avatar-size);height:var(--portal-avatar-size);border-radius:var(--border-radius-pill);background:var(--a1);color:var(--b0);font-size:var(--type-caption);font-weight:var(--fw-medium);text-transform:uppercase;flex-shrink:0;justify-content:center;align-items:center;display:flex}.nav__mobile-toggle{z-index:1;width:28px;height:28px;color:inherit;cursor:pointer;background:0 0;border:none;flex-direction:column;justify-content:center;align-items:flex-end;gap:5px;padding:4px;display:none;position:relative}.burger__line{transform-origin:50%;width:20px;height:1.25px;transition:transform var(--duration-base) var(--ease-in-out);background:#fff;display:block}.nav__mobile-toggle.is-open .burger__line--top{transform:translateY(3.25px)rotate(45deg)}.nav__mobile-toggle.is-open .burger__line--bottom{transform:translateY(-3.25px)rotate(-45deg)}@media (max-width:960px){.nav__links,.nav__portal-link{display:none}.nav__mobile-toggle{display:flex}}.nav-overlay{z-index:98;background:var(--overlay-scrim);opacity:0;visibility:hidden;transition:opacity .35s,visibility 0s linear .35s;position:fixed;inset:0}.nav-overlay.is-open{opacity:1;visibility:visible;transition:opacity .35s}.nav-drawer{z-index:99;width:min(75vw,360px);padding:calc(var(--nav-height) + 2rem) 2.5rem 3rem;background:var(--b1);color:var(--color-text);visibility:hidden;flex-direction:column;justify-content:space-between;transition:transform .4s cubic-bezier(.4,0,.2,1),visibility 0s linear .4s;display:flex;position:fixed;top:0;bottom:0;right:0;transform:translate(100%)}.nav-drawer.is-open{visibility:visible;transition:transform .4s cubic-bezier(.4,0,.2,1);transform:translate(0)}@media (max-width:640px){.nav-drawer{width:100%}}@media (min-width:961px){.nav-overlay,.nav-drawer{display:none}}.nav-drawer__panel{flex-direction:column;display:flex}.nav-drawer__links{flex-direction:column;gap:.25rem;display:flex}.nav-drawer__link{font-size:var(--type-statement);font-weight:var(--fw-light);line-height:var(--leading-statement);letter-spacing:var(--tracking-statement);color:var(--color-text);transition:color var(--duration-fast) var(--ease-out);padding:.35rem 0;display:block}.nav-drawer__link:hover{color:var(--link)}.nav-drawer__link[aria-current=page]{color:var(--color-accent)}.nav-drawer__divider{width:2rem;height:1px;margin:var(--space-4) 0;background:var(--b3)}.nav-drawer__secondary{gap:var(--space-1);flex-direction:column;display:flex}.nav-drawer__secondary-link,.nav-drawer__back{width:100%;padding:var(--space-1) 0;font-family:var(--font-primary);font-size:var(--type-small);font-weight:var(--fw-regular);color:var(--color-text-secondary);text-align:left;cursor:pointer;transition:color var(--duration-fast) var(--ease-out);background:0 0;border:none;display:block}.nav-drawer__secondary-link:hover,.nav-drawer__back:hover{color:var(--color-text)}.nav-drawer__back{width:auto;margin-bottom:var(--space-3);color:var(--color-text-muted);align-items:center;gap:.4em;display:inline-flex}.nav-drawer__footer{align-items:center;gap:var(--space-3);border-top:1px solid var(--border-color);margin-top:auto;padding-top:2rem;display:flex}.nav-drawer__portal-link{align-items:center;gap:var(--space-2);min-height:var(--portal-topbar-content);font-size:var(--type-small);color:var(--color-text-secondary);transition:color var(--duration-fast) var(--ease-out);display:inline-flex}.nav-drawer__portal-link:hover{color:var(--color-text)}.site-wrapper{overflow-x:clip}.section{padding-block:var(--site-section-py)}.section--bordered{border-top:1px solid var(--border-color)}.section-grid{grid-template-columns:repeat(var(--grid-columns), minmax(0, 1fr));column-gap:var(--grid-gap);row-gap:var(--site-row-gap);align-items:start;display:grid}.section-grid>*{grid-column:1/-1}.section__label{color:var(--color-text-muted);align-items:baseline;gap:.75em;display:flex}.section__index{color:var(--color-accent)}.section__statement{max-width:24ch;font-weight:var(--fw-medium);letter-spacing:-.03em;color:var(--color-text)}.section__body{max-width:38rem;color:var(--color-text-secondary)}.section__footer{justify-content:flex-end;display:flex}@media (min-width:961px){.section__label{padding-top:calc((var(--type-statement) * var(--leading-statement) - var(--type-meta)) / 2);grid-area:1/1/auto/span 3}.section__statement{grid-area:1/4/auto/span 8}.section__body{grid-column:4/span 6}.section__wide{grid-column:4/-1}.section__full{grid-column:1/-1}}.hero-layered{--hero-bg:var(--b1);--bust-ratio:.6665;--u:min(1vw, 1.6svh);--headline-size:calc(15.5 * var(--u));--bust-h:calc(48 * var(--u));isolation:isolate;background:var(--hero-bg);view-timeline:--hero block;min-height:100svh;position:relative;overflow:hidden}[data-theme=dark] .hero-layered{--hero-bg:var(--b0)}.hero-layered__headline{z-index:1;left:var(--section-px);top:calc(50% - .86 * var(--headline-size));font-family:var(--font-display);font-size:var(--headline-size);font-weight:var(--fw-medium);letter-spacing:-.055em;color:var(--color-accent);white-space:nowrap;margin:0;line-height:.86;position:absolute}.hero-layered__line{margin-bottom:-.08em;padding-bottom:.08em;display:block;overflow:hidden}.hero-layered__line>span{display:block}.hero-layered__line+.hero-layered__line{margin-left:calc(4 * var(--u))}.hero-layered__figure{z-index:2;top:calc(50% - var(--bust-h) / 2);right:calc(var(--section-px) + 2 * var(--u));width:calc(var(--bust-h) * var(--bust-ratio));pointer-events:none;line-height:0;position:absolute}.bust{position:relative}.bust__image--dark,[data-theme=dark] .bust__image--light{display:none}[data-theme=dark] .bust__image--dark{display:block}.bust__canvas{aspect-ratio:1;width:auto;height:175%;position:absolute;top:-37.5%;left:50%;translate:-50%}.bust:has(.bust__canvas[data-ready]:not([data-failed])) .bust__stills{opacity:0;transition:opacity 1.4s var(--ease-out) .5s}.home-scene,.bust__canvas{--scene-dot-deep:#1c1e6e;--scene-dot:#4145c5;--scene-dot-light:#d97a55}.home-scene{z-index:20;pointer-events:none;width:100%;height:100lvh;position:fixed;top:0;left:0}[data-theme=dark] .home-scene,[data-theme=dark] .bust__canvas{--scene-dot-deep:#3236a3;--scene-dot:#8a4325;--scene-dot-light:#fdd2bf}.hero-layered .bust{aspect-ratio:.6665}.bust__still{width:auto;max-width:none;height:100%;position:absolute;top:0;left:50%;translate:-50%}.bust__stills{position:absolute;inset:0}[data-scene-ready]:not([data-scene-failed]) .bust__stills{opacity:0;transition:opacity 1.4s var(--ease-out) .5s}.hero-layered__subtext{z-index:3;left:var(--section-px);bottom:var(--space-6);max-width:24rem;color:var(--color-text-secondary);position:absolute}.hero-layered__notes{z-index:3;top:calc(var(--nav-height) + var(--space-4));left:var(--section-px);gap:var(--space-1);width:14rem;padding:var(--space-3) 0 0;border-top:1px solid var(--border-color-strong);color:var(--color-text-secondary);margin:0;list-style:none;display:grid;position:absolute}.hero-layered__notes li{padding:0}.hero-layered__notes li:before{display:none}.hero-layered__note-index{color:var(--color-accent);margin-right:.75em}@media (max-width:960px){.hero-layered{--headline-size:15vw;--bust-w:52vw;padding-top:calc(var(--nav-height) + var(--space-3));padding-bottom:var(--space-6);flex-direction:column;display:flex}.hero-layered__notes{row-gap:var(--space-1);width:auto;margin-inline:var(--section-px);order:1;grid-template-columns:repeat(2,minmax(0,1fr));position:static}.hero-layered__subtext{max-width:30rem;margin:var(--space-5) var(--section-px) 0;order:2;position:static}.hero-layered__headline{margin:var(--space-6) var(--section-px) 0;order:3;position:relative;top:auto;left:auto}.hero-layered__line+.hero-layered__line{margin-left:6vw}.hero-layered__figure{width:var(--bust-w);margin:calc(var(--bust-w) / var(--bust-ratio) * -.08) var(--section-px) 0 0;order:4;align-self:flex-end;position:relative;top:auto;right:auto}}@media (max-width:640px){.hero-layered{--headline-size:16vw;--bust-w:76vw}.hero-layered__headline{margin-top:var(--space-5)}.hero-layered__figure{margin:calc(var(--bust-w) / var(--bust-ratio) * -.1) auto 0;align-self:center}}.spec{margin-top:var(--space-6);border-top:1px solid var(--border-color-strong);border-bottom:1px solid var(--border-color-strong);grid-template-columns:repeat(3,minmax(0,1fr));grid-auto-rows:auto;display:grid}.spec__item{grid-row:span 3;grid-template-rows:subgrid;row-gap:var(--space-4);padding:var(--space-4) var(--grid-gap) var(--space-5);display:grid;position:relative}.spec__item+.spec__item{border-left:1px solid var(--border-color-strong)}.spec__item:first-child{padding-left:0}.spec__item:after{content:"";background:var(--color-accent);transform-origin:0;height:1px;transition:transform .6s var(--ease-out);position:absolute;top:-1px;left:0;right:0;transform:scaleX(0)}.spec__item:hover:after{transform:scaleX(1)}.spec__term{color:var(--color-text-muted);transition:color var(--duration-base) var(--ease-out);gap:.75em;margin-bottom:clamp(3rem,1rem + 5vw,6.5rem);display:flex}.spec__item:hover .spec__term{color:var(--color-accent)}.spec__value{font-family:var(--font-display);text-wrap:balance;font-size:clamp(2.25rem,1.3rem + 2.4vw,3.75rem);font-weight:var(--fw-light);letter-spacing:-.045em;color:var(--color-text);margin:0;line-height:1}.spec__detail{max-width:28ch;color:var(--color-text-secondary);margin:0}@media (max-width:760px){.spec{grid-template-columns:1fr}.spec__item{padding:var(--space-4) 0 var(--space-5)}.spec__term{margin-bottom:var(--space-3)}.spec__item+.spec__item{border-left:0;border-top:1px solid var(--border-color-strong)}}@property --spot{syntax:"<percentage>";inherits:false;initial-value:100%}.pinned{isolation:isolate;view-timeline:--pinned block;position:relative}.pinned__stage{background:var(--duotone-ink);align-items:center;height:100svh;display:flex;position:relative;overflow:hidden}.pinned__media{z-index:0;background:var(--duotone-ink);position:absolute;inset:0}.pinned__media img{object-fit:cover;object-position:center 30%;filter:grayscale()contrast(1.15)brightness(1.05);mix-blend-mode:screen}.pinned__media:after{content:"";background:linear-gradient(color-mix(in srgb, 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auto;line-height:.95;display:flex;position:relative}.pinned__part{margin-bottom:-.04em;padding-bottom:.08em;display:block;overflow:clip}.pinned__part>span{display:block}.pinned__part:nth-child(2){padding-left:12%}.pinned__part:nth-child(3){text-align:right;align-self:flex-end}.pinned__part--light{font-weight:var(--fw-light)}@media (max-width:640px){.pinned__line{font-size:11vw}.pinned__part:nth-child(2){padding-left:8%}}.philosophy__argument{margin-top:var(--space-6);font-family:var(--font-display);font-size:clamp(2rem,.9rem + 3.6vw,5rem);font-weight:var(--fw-light);letter-spacing:-.04em;color:var(--color-text);line-height:1.04}.spv-scene{--assemble:1;--split:1;--invest:1;margin:var(--space-6) 0 0;position:relative}.spv-scene__stage{gap:var(--space-6);flex-direction:column;display:flex}.spv-scene__field{place-items:center;display:grid;position:relative}.spv-scene__whole{display:none}.spv-scene__slots{gap:var(--grid-gap);text-align:center;grid-template-columns:repeat(3,minmax(0,1fr));width:100%;margin:0;padding:0;list-style:none;display:grid}.spv-scene__slot{justify-items:center;gap:var(--space-2);display:grid}.spv-scene__art{aspect-ratio:.6665;height:min(32svh,20vw);margin-bottom:var(--space-3);position:relative}.spv-scene__image{object-fit:contain;width:100%;height:100%}.spv-scene__name,.spv-scene__detail,.spv-scene__investors{margin:0}.spv-scene__name{color:var(--color-text)}.spv-scene__detail,.spv-scene__investors{color:var(--color-text-muted)}.spv-scene__name,.spv-scene__detail{--shown:clamp(0, calc((var(--split) - .45 - var(--i,0) * .08) * 3.5), 1);opacity:var(--shown);translate:0 calc((1 - var(--shown)) * .75rem)}.spv-scene__investors{--shown:clamp(0, calc((var(--invest) - var(--i,0) * .2) * 2.5), 1);margin-top:var(--space-2);opacity:var(--shown);align-items:center;gap:.75em;display:flex}.spv-scene__dots{gap:.35rem;display:flex}.spv-scene__dots span{aspect-ratio:1;background:var(--color-accent);width:.5rem;scale:var(--shown);border-radius:50%}.spv-scene__dots span:nth-child(2){scale:clamp(0, calc(var(--shown) * 1.5 - .25), 1)}.spv-scene__dots span:nth-child(3){scale:clamp(0, calc(var(--shown) * 2 - 1), 1)}.spv-scene__steps{gap:var(--grid-gap);grid-template-columns:repeat(3,minmax(0,1fr));margin:0;padding:0;list-style:none;display:grid}.spv-scene__step{align-content:start;gap:var(--space-2);padding-top:var(--space-3);border-top:1px solid var(--border-color);transition:border-color var(--duration-base) var(--ease-out);display:grid}.spv-scene__step-title{color:var(--color-text);gap:.75em;display:flex}.spv-scene__step-text{max-width:28ch;color:var(--color-text-secondary)}.spv-scene[data-step] .spv-scene__step-title,.spv-scene[data-step] .spv-scene__step-text{color:var(--color-text-muted);transition:color var(--duration-base) var(--ease-out)}.spv-scene[data-step="1"] .spv-scene__step:first-child,.spv-scene[data-step="2"] .spv-scene__step:nth-child(2),.spv-scene[data-step="3"] .spv-scene__step:nth-child(3){border-color:var(--color-text)}.spv-scene[data-step="1"] .spv-scene__step:first-child .spv-scene__step-title,.spv-scene[data-step="2"] .spv-scene__step:nth-child(2) .spv-scene__step-title,.spv-scene[data-step="3"] .spv-scene__step:nth-child(3) .spv-scene__step-title{color:var(--color-text)}.spv-scene[data-step="1"] .spv-scene__step:first-child .spv-scene__step-text,.spv-scene[data-step="2"] .spv-scene__step:nth-child(2) .spv-scene__step-text,.spv-scene[data-step="3"] .spv-scene__step:nth-child(3) .spv-scene__step-text{color:var(--color-text-secondary)}@media (max-width:640px){.spv-scene__art{height:34vw}.spv-scene__investors{gap:var(--space-2);flex-direction:column}.spv-scene__steps{grid-template-columns:1fr}.spv-scene[data-step] .spv-scene__steps{--track:calc(var(--split) + var(--invest));margin-inline:calc(-1 * var(--section-px));padding-inline:var(--section-px);-webkit-mask-image:linear-gradient(to right, transparent, #000 var(--section-px), #000 calc(100% - var(--section-px)), transparent);mask-image:linear-gradient(to right, transparent, #000 var(--section-px), #000 calc(100% - var(--section-px)), transparent);grid-template-columns:none;grid-auto-columns:80%;grid-auto-flow:column;overflow-x:clip}.spv-scene[data-step] .spv-scene__step{--distance:max(var(--track) - var(--i), var(--i) - var(--track));--near:clamp(0, 1 - var(--distance) * 1.3, 1);translate:calc(var(--track) * (-100% - var(--grid-gap))) 0;border-top-width:0;position:relative}.spv-scene[data-step] .spv-scene__step:before{content:"";border-top:1px solid;border-color:color-mix(in srgb, var(--color-text) calc(var(--near) * 100%), var(--border-color));position:absolute;top:0;left:0;right:0}.spv-scene[data-step] .spv-scene__step:last-child:before{right:calc(var(--invest) * -25%)}.spv-scene[data-step] .spv-scene__step-name,.spv-scene[data-step] .spv-scene__step-text{opacity:var(--near)}.spv-scene[data-step] .spv-scene__steps .spv-scene__step .spv-scene__step-title{color:var(--color-text);transition:none}.spv-scene[data-step] .spv-scene__steps .spv-scene__step .spv-scene__step-text{color:var(--color-text-secondary);transition:none}}@media (prefers-reduced-motion:no-preference){:root:not([data-scene-failed]) .spv-scene{height:190svh;margin-top:0}:root:not([data-scene-failed]) .spv-scene__stage{height:100svh;padding-top:calc(var(--nav-height) + var(--space-4));padding-bottom:var(--space-5);gap:var(--space-4);position:sticky;top:0}:root:not([data-scene-failed]) .spv-scene__field{flex:1;min-height:0}:root:not([data-scene-failed]) .spv-scene__image{visibility:hidden}:root:not([data-scene-failed]) .spv-scene__whole{place-content:center;justify-items:center;gap:var(--space-4);pointer-events:none;display:grid;position:absolute;inset:0}.spv-scene__whole-art{aspect-ratio:.6665;height:min(52svh,40vw)}.spv-scene__whole-caption{color:var(--color-text-muted);opacity:clamp(0, calc(var(--assemble) * 2 - 1 - var(--split) * 4), 1);gap:.75em;margin:0;display:flex}@media (max-width:640px){.spv-scene__whole-art{height:min(44svh,90vw)}}}.spv-diagram{margin:var(--space-5) 0 0}.spv{width:100%;height:auto;display:block;overflow:visible}.spv--narrow{max-width:26rem;display:none}@media (max-width:640px){.spv--wide{display:none}.spv--narrow{display:block}}.spv__node rect{fill:var(--color-bg);stroke:var(--color-text);stroke-width:1px;vector-effect:non-scaling-stroke}.spv__name{fill:var(--color-text);font-family:var(--font-primary);font-size:22px;font-weight:var(--fw-medium);letter-spacing:-.01em;text-anchor:middle}.spv__caption{fill:var(--color-text-muted);font-family:var(--font-mono);text-anchor:middle;font-size:15px}.spv__caption--start{text-anchor:start}.spv--narrow .spv__name{font-size:16px}.spv--narrow .spv__caption{font-size:11px}.spv__line{fill:none;stroke:var(--color-accent);stroke-width:1.5px;vector-effect:non-scaling-stroke}.spv__investors circle{fill:var(--color-accent)}.spv-diagram__caption{margin-top:var(--space-4);color:var(--color-text-muted)}.feature{padding-bottom:var(--space-6);position:relative}.feature__meta{gap:var(--space-1) var(--space-4);margin-bottom:var(--space-4);color:var(--color-text-muted);flex-wrap:wrap;display:flex}.feature__category{color:var(--color-accent)}.feature__title{max-width:18ch;font-weight:var(--fw-medium);letter-spacing:-.045em;color:var(--color-text);transition:color var(--duration-base) var(--ease-out)}.feature__link{position:static}.feature__link:after{content:"";position:absolute;inset:0}.feature:hover .feature__title{color:var(--color-accent)}.feature__lead{max-width:34ch;margin-top:var(--space-4);color:var(--color-text-secondary)}.index-list{border-top:1px solid var(--border-color-strong);margin:0;padding:0;list-style:none}.index-list__row{gap:var(--grid-gap);padding:var(--space-4) 0;border-bottom:1px solid var(--border-color-strong);grid-template-columns:3rem minmax(0,1fr) minmax(9rem,auto) 7rem;align-items:baseline;display:grid;position:relative}.index-list__row:before{display:none}.index-list__row:after{content:"";background:var(--color-accent);transform-origin:0;height:1px;transition:transform .6s var(--ease-out);position:absolute;bottom:-1px;left:0;right:0;transform:scaleX(0)}.index-list__row:hover:after{transform:scaleX(1)}.index-list__index{color:var(--color-accent)}.index-list__title{color:var(--color-text);transition:color var(--duration-fast) var(--ease-out);position:static}.index-list__title:after{content:"";position:absolute;inset:0}.index-list__row:hover .index-list__title{color:var(--color-accent)}.index-list__category,.index-list__date{color:var(--color-text-muted)}.index-list__date{text-align:right}@media (max-width:760px){.index-list__row{row-gap:var(--space-1);grid-template-columns:2.5rem minmax(0,1fr)}.index-list__category,.index-list__date{text-align:left;grid-column:2}.index-list__date{margin-top:calc(-1 * var(--space-1))}}.routes{border-top:1px solid var(--border-color-strong);grid-template-columns:repeat(2,minmax(0,1fr));display:grid}.routes__item{grid-row:span 4;grid-template-rows:subgrid;row-gap:var(--space-4);padding:var(--space-4) var(--grid-gap) 0;display:grid}.routes__item:first-child{padding-left:0}.routes__item+.routes__item{border-left:1px solid var(--border-color-strong)}.routes__audience{color:var(--color-text-muted);margin:0 0 clamp(2rem,1rem + 3vw,4.5rem)}.routes__line{font-family:var(--font-display);font-size:clamp(2.25rem,1.3rem + 2.4vw,3.75rem);font-weight:var(--fw-light);letter-spacing:-.045em;text-wrap:balance;color:var(--color-text);margin:0;line-height:1}.routes__detail{max-width:34ch;color:var(--color-text-secondary);margin:0}.routes__links{gap:var(--space-2) var(--space-5);flex-wrap:wrap;display:flex}@media (max-width:760px){.routes{grid-template-columns:1fr}.routes__item{padding:var(--space-4) 0 var(--space-5)}.routes__item+.routes__item{border-left:0;border-top:1px solid var(--border-color-strong)}.routes__audience{margin-bottom:var(--space-3)}}.index-preview{z-index:30;gap:var(--space-2);width:min(22rem,40vw);padding:var(--space-3) var(--space-4) var(--space-4);border-radius:var(--border-radius-card);background:var(--surface-dark-bg);color:var(--surface-dark-text);pointer-events:none;opacity:0;transition:opacity var(--duration-base) var(--ease-out), scale var(--duration-base) var(--ease-out);display:grid;position:fixed;top:0;left:0;scale:.96}.index-preview.is-visible{opacity:1;scale:1}.index-preview__category{color:var(--color-accent)}.insight-title{display:block}.insight-title--headline{view-transition-name:insight-title;view-transition-class:insight-title}.footer{padding:0 var(--card-inset) clamp(1.5rem, 3vw, 2.5rem);margin-top:clamp(4rem,8vw,8rem)}.footer__card{padding:var(--card-padding);border-radius:var(--border-radius-card);background:var(--surface-dark-bg);color:var(--surface-dark-text);position:relative;overflow:clip}.footer__card-top{grid-template-columns:repeat(var(--grid-columns), minmax(0, 1fr));column-gap:var(--grid-gap);row-gap:var(--space-6);align-items:start;margin-bottom:clamp(3rem,7vw,6rem);display:grid}.footer__intro{align-items:flex-start;gap:var(--space-4);flex-direction:column;grid-column:1/span 7;display:flex}.footer__tagline{font-weight:var(--fw-medium);letter-spacing:-.03em;color:var(--surface-dark-text)}.footer__email{color:var(--surface-dark-muted);transition:color var(--duration-fast) var(--ease-out), background-size .5s var(--ease-out);background:linear-gradient(currentColor,currentColor) 0 100%/0 1px no-repeat;align-items:center;gap:.3em;display:inline-flex}.footer__email:hover{color:var(--surface-dark-text);background-size:100% 1px}.footer__email-icon{width:.9em;height:.9em;transition:transform var(--duration-base) var(--ease-out);flex-shrink:0}.footer__email:hover .footer__email-icon{transform:translate(.1em,-.1em)}.footer__columns{gap:var(--grid-gap);grid-column:9/-1;grid-template-columns:repeat(2,minmax(0,1fr));display:grid}.footer__heading{margin-bottom:var(--space-3);padding-bottom:var(--space-2);border-bottom:1px solid color-mix(in srgb, var(--surface-dark-text) 18%, transparent);color:var(--surface-dark-muted)}.footer__column ul{gap:var(--space-2);margin:0;padding:0;list-style:none;display:grid}.footer__column li{padding:0}.footer__column li:before{display:none}.footer__column a{font-size:var(--type-small);color:var(--surface-dark-text);transition:opacity var(--duration-fast) var(--ease-out)}.footer__column a:hover{opacity:.6}.footer__wordmark-wrap{width:100%;line-height:0}.footer__wordmark-svg{width:100%;height:auto;color:var(--surface-dark-text);display:block}@media (max-width:960px){.footer__intro,.footer__columns{grid-column:1/-1}.footer__columns{max-width:28rem}}.footer__meta-strip{justify-content:space-between;align-items:center;gap:var(--space-3) var(--space-5);flex-wrap:wrap;padding:1.25rem clamp(.5rem,1vw,1rem) 0;display:flex}.footer__meta,.footer__legal-nav a{font-size:var(--type-meta);color:var(--color-text-muted)}.footer__legal-nav{gap:var(--space-2) var(--space-4);flex-wrap:wrap;margin-right:auto;display:flex}.footer__legal-nav a{transition:color var(--duration-fast) var(--ease-out)}.footer__legal-nav a:hover{color:var(--color-text)}.footer__utilities{align-items:center;gap:var(--space-4);display:flex}.footer__top{color:var(--color-text-muted);transition:color var(--duration-fast) var(--ease-out);align-items:center;gap:.4em;display:inline-flex}.footer__top:hover{color:var(--color-text)}@media (max-width:640px){.footer__meta-strip{flex-direction:column;align-items:flex-start}}.theme-switch{border:1px solid var(--border-color-strong);border-radius:var(--border-radius-pill);gap:2px;padding:2px;display:inline-flex}.theme-switch__option{border-radius:var(--border-radius-pill);width:2rem;height:1.75rem;color:var(--color-text-muted);cursor:pointer;transition:color var(--duration-fast) var(--ease-out), background-color var(--duration-fast) var(--ease-out);background:0 0;border:0;justify-content:center;align-items:center;display:inline-flex}.theme-switch__option:hover{color:var(--color-text)}.theme-switch__option[aria-checked=true]{background:var(--color-surface);color:var(--color-text)}.notfound404{justify-content:flex-end;gap:var(--space-4);min-height:80svh;padding:calc(var(--nav-height) + var(--space-7)) var(--section-px) var(--site-section-py);flex-direction:column;display:flex}.notfound404__text{max-width:32rem;color:var(--color-text-secondary)}.filter-group{gap:var(--space-2);flex-wrap:wrap;display:flex}.filter-pill{border:1px solid var(--border-color-strong);border-radius:var(--border-radius-pill);min-height:2.25rem;font-family:var(--font-primary);font-size:var(--type-small);font-weight:var(--fw-regular);color:var(--color-text-secondary);white-space:nowrap;cursor:pointer;-webkit-user-select:none;user-select:none;transition:color var(--duration-fast) var(--ease-out), border-color var(--duration-fast) var(--ease-out), background-color var(--duration-fast) var(--ease-out);background:0 0;flex-shrink:0;align-items:center;padding:0 1rem;display:inline-flex}.filter-pill:hover{color:var(--color-text);border-color:var(--color-text-muted)}.filter-pill__count{font-family:var(--font-mono);font-size:var(--type-meta);font-variant-numeric:tabular-nums;opacity:.6;margin-left:.5em}.filter-pill[aria-pressed=true]{color:var(--color-bg);background-color:var(--color-text);border-color:var(--color-text)}@media (max-width:640px){.filter-group{margin-inline:calc(-1 * var(--section-px));padding-inline:var(--section-px);scroll-padding-inline:var(--section-px);scroll-snap-type:x proximity;scrollbar-width:none;-webkit-mask-image:linear-gradient(90deg, transparent 0, #000 var(--section-px), #000 calc(100% - var(--section-px)), transparent 100%);-webkit-mask-image:linear-gradient(90deg, transparent 0, #000 var(--section-px), #000 calc(100% - var(--section-px)), transparent 100%);mask-image:linear-gradient(90deg, transparent 0, #000 var(--section-px), #000 calc(100% - var(--section-px)), transparent 100%);flex-wrap:nowrap;overflow-x:auto}.filter-group::-webkit-scrollbar{display:none}.filter-pill{scroll-snap-align:start}}html[data-bust-cursor=grab],html[data-bust-cursor=grab] *{cursor:grab!important}html[data-bust-cursor=grabbing],html[data-bust-cursor=grabbing] *{-webkit-user-select:none;user-select:none;cursor:grabbing!important}
:root{--blur-height:160px;--blur-z:21;--blur-radius:0;--mask-color:255, 255, 255}#blurStack{height:var(--blur-height);pointer-events:none;border-radius:var(--blur-radius);mix-blend-mode:normal;isolation:auto;width:100%;top:0;left:0;right:0;z-index:var(--blur-z)!important;position:fixed!important}.status-bar-tint{z-index:101;height:var(--nav-height);background-color:color-mix(in srgb, var(--color-bg) 1%, transparent);pointer-events:none;position:fixed;top:0;left:0;right:0}#blurStack .blur-band{border-radius:inherit;pointer-events:none;backface-visibility:hidden;transition:opacity var(--duration-base) var(--ease-out);position:absolute;inset:0}body:has(.nav--home:not(.is-scrolled)) #blurStack .blur-band:not(.b0){opacity:0}#blurStack .b0{-webkit-backdrop-filter:blur();backdrop-filter:blur()}#blurStack .b1{-webkit-mask-image:linear-gradient(0deg, rgba(var(--mask-color), 0) 0%, rgba(var(--mask-color), 1) 16.6667%, rgba(var(--mask-color), 1) 33.3333%, rgba(var(--mask-color), 0) 50%);-webkit-mask-image:linear-gradient(0deg, rgba(var(--mask-color), 0) 0%, rgba(var(--mask-color), 1) 16.6667%, rgba(var(--mask-color), 1) 33.3333%, rgba(var(--mask-color), 0) 50%);mask-image:linear-gradient(0deg, rgba(var(--mask-color), 0) 0%, rgba(var(--mask-color), 1) 16.6667%, rgba(var(--mask-color), 1) 33.3333%, rgba(var(--mask-color), 0) 50%);-webkit-backdrop-filter:blur(1px);backdrop-filter:blur(1px)}#blurStack .b2{-webkit-mask-image:linear-gradient(0deg, rgba(var(--mask-color), 0) 16.6667%, rgba(var(--mask-color), 1) 33.3333%, rgba(var(--mask-color), 1) 50%, rgba(var(--mask-color), 0) 66.6667%);-webkit-mask-image:linear-gradient(0deg, rgba(var(--mask-color), 0) 16.6667%, rgba(var(--mask-color), 1) 33.3333%, rgba(var(--mask-color), 1) 50%, rgba(var(--mask-color), 0) 66.6667%);mask-image:linear-gradient(0deg, rgba(var(--mask-color), 0) 16.6667%, rgba(var(--mask-color), 1) 33.3333%, rgba(var(--mask-color), 1) 50%, rgba(var(--mask-color), 0) 66.6667%);-webkit-backdrop-filter:blur(2px);backdrop-filter:blur(2px)}#blurStack .b3{-webkit-mask-image:linear-gradient(0deg, rgba(var(--mask-color), 0) 33.3333%, rgba(var(--mask-color), 1) 50%, rgba(var(--mask-color), 1) 66.6667%, rgba(var(--mask-color), 0) 83.3333%);-webkit-mask-image:linear-gradient(0deg, rgba(var(--mask-color), 0) 33.3333%, rgba(var(--mask-color), 1) 50%, rgba(var(--mask-color), 1) 66.6667%, rgba(var(--mask-color), 0) 83.3333%);mask-image:linear-gradient(0deg, rgba(var(--mask-color), 0) 33.3333%, rgba(var(--mask-color), 1) 50%, rgba(var(--mask-color), 1) 66.6667%, rgba(var(--mask-color), 0) 83.3333%);-webkit-backdrop-filter:blur(4px);backdrop-filter:blur(4px)}#blurStack .b4{-webkit-mask-image:linear-gradient(0deg, rgba(var(--mask-color), 0) 50%, rgba(var(--mask-color), 1) 66.6667%, rgba(var(--mask-color), 1) 83.3333%, rgba(var(--mask-color), 0) 100%);-webkit-mask-image:linear-gradient(0deg, rgba(var(--mask-color), 0) 50%, rgba(var(--mask-color), 1) 66.6667%, rgba(var(--mask-color), 1) 83.3333%, rgba(var(--mask-color), 0) 100%);mask-image:linear-gradient(0deg, rgba(var(--mask-color), 0) 50%, rgba(var(--mask-color), 1) 66.6667%, rgba(var(--mask-color), 1) 83.3333%, rgba(var(--mask-color), 0) 100%);-webkit-backdrop-filter:blur(8px);backdrop-filter:blur(8px)}#blurStack .b5{-webkit-mask-image:linear-gradient(0deg, rgba(var(--mask-color), 0) 66.6667%, rgba(var(--mask-color), 1) 83.3333%, rgba(var(--mask-color), 1) 100%, rgba(var(--mask-color), 0) 116.667%);-webkit-mask-image:linear-gradient(0deg, rgba(var(--mask-color), 0) 66.6667%, rgba(var(--mask-color), 1) 83.3333%, rgba(var(--mask-color), 1) 100%, rgba(var(--mask-color), 0) 116.667%);mask-image:linear-gradient(0deg, rgba(var(--mask-color), 0) 66.6667%, rgba(var(--mask-color), 1) 83.3333%, rgba(var(--mask-color), 1) 100%, rgba(var(--mask-color), 0) 116.667%);-webkit-backdrop-filter:blur(16px);backdrop-filter:blur(16px)}
:root{--motion-exit:.16s;--motion-enter:.36s}.mask-reveal{margin-bottom:-.1em;padding-bottom:.1em;overflow:clip}.mask-reveal>span{display:block}@keyframes mask-rise{0%{transform:translateY(105%)}to{transform:none}}@keyframes scrub-fill{0%{color:color-mix(in srgb, var(--color-text) 45%, transparent)}to{color:var(--color-text)}}@keyframes spv-draw{to{stroke-dashoffset:0}}@keyframes bars-grow{0%{scale:0 1}}@keyframes spv-appear{0%{opacity:0}to{opacity:1}}@keyframes pinned-rise{0%{animation-timing-function:cubic-bezier(.33,1,.68,1);translate:0 105%}to{translate:0}}@keyframes pinned-settle{0%{scale:1.12}to{scale:1}}@keyframes pinned-lights-up{0%{--spot:0%}to{--spot:100%}}@keyframes pinned-step-back{0%{animation-timing-function:cubic-bezier(.65,0,.35,1);translate:0;scale:1}to{translate:0 var(--pinned-step-back);scale:.78}}@keyframes pinned-recede{0%{opacity:1}to{opacity:.45}}@keyframes wordmark-rise{0%{animation-timing-function:cubic-bezier(.33,1,.68,1);translate:0 105%}to{translate:0}}@keyframes wordmark-settle{0%{animation-timing-function:cubic-bezier(.33,1,.68,1);scale:1.25}to{scale:1}}@keyframes card-detach{0%{clip-path:inset(0)}to{clip-path:inset(0 var(--card-inset) round var(--border-radius-card))}}@supports (animation-timeline:view()){@media (prefers-reduced-motion:no-preference){.pinned{--pinned-step-back:-15svh;height:160svh}.pinned__stage{animation:linear both card-detach;animation-timeline:--pinned;animation-range:cover 62% cover 84%;position:sticky;top:0}.pinned__media{animation:linear both pinned-settle;animation-timeline:--pinned;animation-range:cover cover 62%}.pinned__light{animation:linear both pinned-lights-up;animation-timeline:--pinned;animation-range:cover 40% cover 62%}.pinned__part>span{animation:linear both pinned-rise;animation-timeline:--pinned;animation-range:cover 14% cover 30%}.pinned__part:nth-child(2)>span{animation-range:cover 17% cover 33%}.pinned__part:nth-child(3)>span{animation-range:cover 20% cover 36%}.pinned__line{animation:linear both pinned-step-back;animation-timeline:--pinned;animation-range:cover 40% cover 60%}.pinned__part:not(.pinned__part--stage){animation:linear both pinned-recede;animation-timeline:--pinned;animation-range:cover 40% cover 60%}.footer__card{margin-inline:calc(-1 * var(--card-inset));padding-inline:calc(var(--card-padding) + var(--card-inset));view-timeline:--footer-card block;border-radius:0;animation:linear both card-detach;animation-timeline:--footer-card;animation-range:entry entry 70%}.mask-reveal{view-timeline:--mask block}.mask-reveal>span{animation:linear both mask-rise;animation-timeline:--mask;animation-range:entry}.footer__wordmark-wrap{view-timeline:--wordmark block}.footer__wordmark-svg{transform-origin:50% 100%;animation:linear both wordmark-rise,linear both wordmark-settle;animation-timeline:--wordmark,--wordmark;animation-range:entry entry 90%,entry 10%}.scrub{view-timeline:--scrub block}.scrub__word{animation:linear both scrub-fill;animation-timeline:--scrub;animation-range:cover calc(12% + var(--i) / var(--n) * 42%) cover calc(16% + var(--i) / var(--n) * 42%)}.spv-diagram{view-timeline:--spv block}.spv__line{stroke-dasharray:1;stroke-dashoffset:1px;animation:linear both spv-draw;animation-timeline:--spv;animation-range:cover calc(12% + var(--i,0) * 4%) cover calc(30% + var(--i,0) * 4%)}.spv__node,.spv__investors{animation:linear both spv-appear;animation-timeline:--spv;animation-range:cover calc(18% + var(--i,0) * 4%) cover calc(28% + var(--i,0) * 4%)}.article-bars{view-timeline:--bars block}.article-scale{view-timeline:--scale block}.article-scale__point{animation:linear both spv-appear;animation-timeline:--scale;animation-range:cover calc(15% + var(--i,0) * 5%) cover calc(25% + var(--i,0) * 5%)}.article-bars__bar{animation:linear both bars-grow;animation-timeline:--bars;animation-range:cover calc(12% + var(--i,0) * 4%) cover calc(30% + var(--i,0) * 4%)}}}@keyframes hero-figure-in{0%{opacity:0;transform:translateY(2.5%)}to{opacity:1;transform:none}}@keyframes hero-line-in{0%{transform:translateY(105%)}to{transform:none}}@keyframes hero-fade-in{0%{opacity:0}to{opacity:1}}@keyframes hero-headline-sink{to{opacity:.25;transform:translateY(18vh)}}@keyframes hero-figure-rise{to{transform:translateY(-12vh)scale(1.1)}}@keyframes hero-float{0%,to{transform:translateY(0)rotate(0)}50%{transform:translateY(-2.2%)rotate(-.6deg)}}@keyframes hero-chrome-out{to{opacity:0;transform:translateY(-2rem)}}@media (prefers-reduced-motion:no-preference){.hero-layered__line>span{animation:hero-line-in .9s var(--ease-out) both}.hero-layered__line:nth-child(2)>span{animation-delay:90ms}.hero-layered__bust{animation:hero-figure-in 1.1s var(--ease-out) .15s both}.hero-layered__float{animation:9s ease-in-out 1.2s infinite hero-float}.hero-layered__subtext,.hero-layered__notes{animation:hero-fade-in .8s var(--ease-out) .45s both}@supports (animation-timeline:view()){.hero-layered__headline{animation:linear both hero-headline-sink;animation-timeline:--hero;animation-range:exit}.hero-layered__figure{animation:linear both hero-figure-rise;animation-timeline:--hero;animation-range:exit}.hero-layered__subtext,.hero-layered__notes{animation:hero-fade-in .8s var(--ease-out) .45s both, hero-chrome-out linear both;animation-timeline:auto,--hero;animation-range:normal,exit exit 45%}}}@keyframes vt-fade-out{to{opacity:0}}@keyframes vt-rise-in{0%{opacity:0;transform:translateY(14px)}to{opacity:1;transform:none}}::view-transition-group(.site-page){animation-duration:0s}::view-transition-old(.site-page){animation:var(--motion-exit) var(--ease-out) both vt-fade-out}::view-transition-new(.site-page){animation:.42s var(--ease-out) .3s both vt-rise-in}::view-transition-old(root){animation-duration:var(--motion-exit)}::view-transition-new(root){animation-duration:var(--motion-exit)}@keyframes vt-fade-in{0%{opacity:0}}::view-transition-group(.insight-title){animation-duration:.64s;animation-timing-function:var(--ease-out)}::view-transition-old(.insight-title){animation:.22s var(--ease-out) both vt-fade-out}::view-transition-new(.insight-title){animation:.36s var(--ease-out) .12s both vt-fade-in}::view-transition-old(.insight-title):only-child{animation:var(--motion-exit) var(--ease-out) both vt-fade-out}::view-transition-new(.insight-title):only-child{animation:.42s var(--ease-out) .3s both vt-rise-in}@keyframes drawer-item-in{0%{opacity:0;transform:translate(1rem)}to{opacity:1;transform:none}}@media (prefers-reduced-motion:no-preference){.nav-drawer.is-open .nav-drawer__item{animation:drawer-item-in .42s var(--ease-out) both;animation-delay:calc(.12s + var(--i,0) * 45ms)}}@media (prefers-reduced-motion:reduce){::view-transition-group(*){animation:none!important}::view-transition-old(*){animation:none!important}::view-transition-new(*){animation:none!important}.nav-drawer,.nav-overlay{transition:none}}
.insights-header{padding:calc(var(--nav-height) + var(--space-7)) var(--section-px) var(--space-6)}.insights-header__top{justify-content:space-between;align-items:baseline;gap:var(--space-3) var(--space-5);flex-wrap:wrap;display:flex}.insights-header__title{font-weight:var(--fw-medium);letter-spacing:-.045em;color:var(--color-accent)}.insights-header__count{color:var(--color-text-muted);white-space:nowrap}.insights-header__intro{max-width:34ch;margin-top:var(--space-4);color:var(--color-text-secondary)}.insights-header .filter-group{margin-top:var(--space-5)}.insights-feature{border-top:1px solid var(--border-color);padding-top:clamp(1.5rem,1.1rem + 1.4vw,2.5rem)}.insights-feature+.insights-list__item{border-top:1px solid var(--border-color)}.insights-list{padding-inline:var(--section-px)}.insights-list__item{gap:var(--grid-gap);border-bottom:1px solid var(--border-color);grid-template-columns:minmax(10rem,2fr) 7fr minmax(7rem,1.5fr);align-items:baseline;padding-block:clamp(1.5rem,1.1rem + 1.4vw,2.5rem);display:grid}.insights-list__item:first-child{border-top:1px solid var(--border-color)}.insights-list__item[hidden]{display:none}.insights-list__category{color:var(--link)}.insights-list__body{gap:var(--space-2);flex-direction:column;max-width:44rem;display:flex}.insights-list__title{color:var(--color-text);transition:color var(--duration-fast) var(--ease-out)}.insights-list__lead{color:var(--color-text-muted)}.insights-list__item:hover .insights-list__title{color:var(--link)}.insights-list__meta{align-items:flex-end;gap:var(--space-1);color:var(--color-text-muted);white-space:nowrap;flex-direction:column;display:flex}.insights-empty{padding-block:var(--space-8);text-align:center;color:var(--color-text-muted)}@media (max-width:768px){.insights-list__item{gap:var(--space-2);grid-template-columns:1fr}.insights-list__meta{gap:var(--space-3);flex-direction:row}}@media (max-width:640px){.insights-feature .feature__title{font-size:var(--type-statement);line-height:var(--leading-statement)}}
#reading-progress{z-index:200;height:2px;position:fixed;top:0;left:0;right:0}#reading-progress-fill{background-color:var(--color-accent);will-change:width;width:0%;height:100%;transition:width .1s linear}.article-grid{--article-margin:minmax(9rem, 15rem);grid-template-columns:var(--article-margin) minmax(0, 1fr);max-width:1320px;padding-inline:var(--section-px);box-sizing:content-box;column-gap:clamp(2rem,6vw,6rem);margin-inline:auto;display:grid}.article-grid>:not(.article-section__index,.article-hero__meta){grid-column:2}.article-hero{padding-top:calc(var(--nav-height) + var(--space-7));padding-bottom:var(--space-6);align-items:start}.article-hero__meta{align-content:start;gap:var(--space-1);color:var(--color-text-muted);grid-column:1;margin:0;padding-top:.9em;display:grid}.article-hero__meta dd{margin:0}.article-hero__category{color:var(--color-accent);transition:color var(--duration-fast) var(--ease-out)}.article-hero__category:hover{color:var(--color-accent-hover)}.article-hero__title{max-width:16ch;font-family:var(--font-display);font-size:clamp(2.75rem,1.5rem + 4.4vw,6.25rem);font-weight:var(--fw-medium);letter-spacing:-.045em;color:var(--color-accent);text-wrap:balance;line-height:.96}.article-hero__title--quiet{letter-spacing:-.04em;max-width:none;font-size:clamp(2.5rem,1.6rem + 3vw,4.5rem);line-height:1}.article-hero__lead{max-width:34ch;margin-top:var(--space-5);color:var(--color-text-secondary)}.article-section{padding-block:var(--space-6);border-top:1px solid var(--border-color-strong)}.article-section__content{min-width:0;max-width:42rem}.article-section__index{top:var(--blur-height);color:var(--color-accent);grid-column:1;align-self:start;margin:0;padding-top:.55em;position:sticky}.article-section__total{color:var(--color-text-muted)}.article-section__heading{max-width:24ch;margin-bottom:var(--space-4);font-size:clamp(1.625rem,1.3rem + 1.4vw,2.5rem);font-weight:var(--fw-medium);letter-spacing:-.03em;color:var(--color-text);text-wrap:balance;scroll-margin-top:var(--blur-height);line-height:1.1}.article-body h3{margin-top:var(--space-5);margin-bottom:var(--space-2);color:var(--color-text)}.article-body p.t-body{color:var(--color-text-secondary);margin-bottom:var(--space-3)}.article-body p.t-body:last-child{margin-bottom:0}.article-lede{margin-bottom:var(--space-5);font-size:clamp(1.375rem,1.15rem + .95vw,2rem);font-weight:var(--fw-light);letter-spacing:-.015em;color:var(--color-text);text-wrap:pretty;line-height:1.3}.article-quote{margin:var(--space-5) 0;padding:var(--space-4) 0;border-block:1px solid var(--border-color-strong);font-weight:var(--fw-medium);color:var(--color-accent)}.article-table,.article-bars{margin:var(--space-5) 0}.article-figure__caption{margin-top:var(--space-2);font-family:var(--font-mono);font-size:var(--type-meta);line-height:var(--leading-ui);color:var(--color-text-muted)}.article-table__scroll{overflow-x:auto}.article-table table{border-collapse:collapse;width:100%;font-family:var(--font-primary);font-size:var(--type-small);line-height:var(--leading-ui)}.article-table th,.article-table td{padding:.75em 0 .75em var(--space-3);border-bottom:1px solid var(--border-color);text-align:right;vertical-align:top}.article-table th:first-child,.article-table td:first-child{text-align:left;padding-left:0}.article-table thead th{font-family:var(--font-mono);font-size:var(--type-eyebrow);font-weight:var(--fw-regular);letter-spacing:var(--tracking-eyebrow);text-transform:uppercase;color:var(--color-text-muted);vertical-align:bottom}.article-table tbody th{min-width:6rem;font-weight:var(--fw-regular);color:var(--color-text)}.article-table tbody td{color:var(--color-text-secondary);font-variant-numeric:tabular-nums;white-space:nowrap}@media (max-width:640px){.article-table th,.article-table td{padding-left:var(--space-2)}}.article-table--text th,.article-table--text td{text-align:left}.article-table--text tbody th{white-space:normal;width:30%}.article-table--text tbody td{white-space:normal}.article-bars__rows{gap:var(--space-3);display:grid}.article-bars__row{gap:var(--space-1) var(--space-3);grid-template-columns:minmax(9rem,2fr) 5fr;align-items:center;display:grid}.article-bars__label{flex-direction:column;display:flex}.article-bars__name{font-family:var(--font-primary);font-size:var(--type-small);line-height:var(--leading-ui);color:var(--color-text)}.article-bars__detail{font-family:var(--font-mono);font-size:var(--type-meta);line-height:var(--leading-ui);color:var(--color-text-muted);font-variant-numeric:tabular-nums}.article-bars__track{--value-room:4rem;align-items:center;gap:var(--space-2);display:flex}.article-bars__bar{width:calc(var(--share) * (100% - var(--value-room)));background-color:var(--color-text-muted);opacity:.35;transform-origin:0;border-radius:2px;flex:none;height:1.5rem}.article-bars__value{font-family:var(--font-mono);font-size:var(--type-meta);font-variant-numeric:tabular-nums;color:var(--color-text-muted);white-space:nowrap}.article-bars__row--highlight .article-bars__bar{background-color:var(--color-accent);opacity:1}.article-bars__row--highlight .article-bars__value{color:var(--color-text)}@media (max-width:640px){.article-bars__row{grid-template-columns:1fr}}.article-scale__line{--track-inset:4rem;height:16rem;position:relative}.article-scale__line:before{content:"";top:50%;left:var(--track-inset);right:var(--track-inset);border-top:1px solid var(--border-color-strong);position:absolute}.article-scale__end{font-family:var(--font-mono);font-size:var(--type-meta);color:var(--color-text-muted);line-height:1;position:absolute;top:50%;translate:0 -50%}.article-scale__end--start{left:0}.article-scale__end--end{right:0}.article-scale__points{inset:0 var(--track-inset);margin:0;padding:0;list-style:none;position:absolute}.article-scale__point{top:50%;left:calc(var(--at) * 1%);padding:0;position:absolute}.article-scale__point:before{display:none}.article-scale__point:after{content:"";border-left:1px solid var(--border-color-strong);height:1.25rem;position:absolute;bottom:0;left:0}.article-scale__point--below:after{top:0;bottom:auto}.article-scale__dot{z-index:1;border:1px solid var(--color-text-muted);background-color:var(--color-bg);border-radius:50%;width:.625rem;height:.625rem;position:absolute;top:0;left:0;translate:-50% -50%}.article-scale__label{width:10rem;display:grid;position:absolute;bottom:1.5rem}.article-scale__point--below .article-scale__label{top:1.5rem;bottom:auto}.article-scale__point--center .article-scale__label{text-align:center;left:0;translate:-50%}.article-scale__point--start .article-scale__label{text-align:left;left:-.25rem}.article-scale__point--end .article-scale__label{text-align:right;right:-.25rem}.article-scale__name{font-family:var(--font-primary);font-size:var(--type-small);line-height:var(--leading-ui);color:var(--color-text)}.article-scale__detail{font-family:var(--font-mono);font-size:var(--type-meta);line-height:var(--leading-ui);color:var(--color-text-muted)}.article-scale__point--highlight .article-scale__dot{border-color:var(--color-accent);background-color:var(--color-accent);width:.875rem;height:.875rem}.article-scale__point--highlight .article-scale__name{color:var(--color-accent)}@media (max-width:640px){.article-scale__line{gap:var(--space-3);flex-direction:column;height:auto;padding-left:1.75rem;display:flex}.article-scale__line:before{border-top:0;border-left:1px solid var(--border-color-strong);inset:.25rem auto .25rem 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