In this episode, Joel Palathinkal chats with Grayson Judge from Supermoon Capital about the firm's focus on the sleep market. They discuss Williams Sonoma's link to mattresses, elements of good sleep, corporate venture capital, and partnerships with SleepScore Labs. Grayson shares insights on global innovation hubs, founder evaluations, and sleep tech's future, including circadian rhythm and brain-computer interfaces. They cover fundraising challenges, sleep disorder health impacts, and educating LPs. The episode concludes with portfolio highlights, media coverage, and the importance of LP community events, professionalism, and networking. (0:00) Introduction to The Investor podcast and Joel Palathinkal (0:51) Guest introduction and background: Grayson Judge from Supermoon Capital (2:15) Supermoon Capital's formation and focus on the sleep market (4:35) Williams Sonoma, mattress market, and elements of good sleep (7:04) Corporate venture capital, strategic investments, and SleepScore Labs (10:00) Breakdown of the sleep market and global innovation hubs (18:13) Evaluating founders and the future of sleep technology (24:34) Circadian rhythm interventions and brain-computer interfaces (27:40) Emerging sleep technologies and advice for fund managers (30:11) Fundraising challenges and health implications of sleep disorders (32:11) Educating LPs and the role of early investments in fundraising (34:41) Portfolio highlights, media coverage, and strategic LPs (37:20) Building relationships through LP community events (41:18) Closing thoughts on professionalism, unpredictability, and networking