The Operating Garden: Designing a Multi-Mandate Holding Company with Bandit Capital Allocation & Human-in-the-Loop Governance
Why isolated single-product startups spend most of their early energy rebuilding fragile corporate plumbing—and how Biwada structures Starling Quantitative, Airlock Studio, and capped commercial ventures atop one unified treasury waterfall, deterministic verification gates, and Discounted Thompson Sampling allocation.