Simpatico

VC thesis · HOKA → target #3 of 8

Janji

Premium performance running brand focused on travel-inspired design and social impact.

Founded 2012 · Competes with Tracksmith, Patagonia, Satisfy Running, Salomon

Corporate details are Qloo entity data.

Advance
68.1F / 100
70% of the weighted evidence measured

Why this verdict

F 68.1 >= 67 and no red flags.

Scores, flags and verdicts are computed in code. The agents can only argue with the ledger; they never set the score.

Six audience metrics

Bar = this target; tick = shortlist average.

m1 Two-way audience affinity
0.93
Harmonic mean of the buyer audience’s affinity for the target and the target audience’s affinity for the buyer’s brands.
m2 Taste-profile overlap
0.31
Rank-weighted overlap of the two audiences’ top-50 cultural taste tags.
m3 Cross-domain agreement
0.90
How strongly the target’s audience embraces the buyer audience’s favourite artists, shows, films and podcasts.
m4 Demographic alignment
0.41
Similarity of the two audiences’ age and gender over-index profiles.
m5 Geographic footprint
0.68
Correlation of metro-level audience affinity, relative to the screened cohort.
m6 Momentum not measured
n/a
Trending rank change over the last 4 weeks vs the 8 before, relative to the cohort.
Qloo's trending series did not move for this brand or the cohort in the 12 weeks to 2026-10-23, so momentum is not measurable for this window.

How F is built

Points each metric adds (weights for VC thesis, renormalised over what Qloo could measure).

MetricWeightPoints
Two-way audience affinity0.2533.1
Taste-profile overlap0.156.6
Cross-domain agreement0.1012.9
Demographic alignment0.105.8
Geographic footprint0.109.7
Momentumnot measured–
F68.1

Qloo explainability: the buyer-side signals driving the forward affinity are HOKA (0.26), Tracksmith (0.26), On (0.24), Athletic Brewing Co (0.24).

Shared catalogue categories (Qloo compare): Fashion, Fashion, Athletic, Diversity and Inclusivity, Innovative, Active.

Where the audiences meet, across culture

The buyer audience’s top titles in each domain, ranked by how strongly Janji’s audience embraces them.

Music0.92
Embraced: Houndmouth, Rayland Baxter, Shakey Graves · Least shared: Tom Petty, Mudcrutch, Tedeschi Trucks Band
TV0.90
Embraced: Old Enough!, Better Late Than Never, Alone Australia · Least shared: The Challenge, American Ninja Warrior, American Gladiators
Film0.90
Embraced: The Dawn Wall, Free Solo, Meru · Least shared: Dark Waters, The Inventor: Out for Blood in Silicon Valley, Iron Cowboy
Podcasts0.88
Embraced: I'll Have Another with Lindsey Hein Podcast, Ali on the Run Show, C Tolle Run · Least shared: The Tim Ferriss Show, FoundMyFitness, The Model Health Show

Taste profile overlap

25 of 75 top taste tags shared.

Both over-index on
indiefolkfriendshipTourist attractionAlternative RockParkrockindie rock
Buyer only

Shrimp Tacos, anime animation, british, Fries, Restaurant

Janji only

Hamburger, Cookbooks, Cooking, State park, Elote

Audience shape

HOKA (buyer) Janji
-0.84-0.420.00+0.42+0.84≤2425–2930–3435–4445–5455+MenWomen

Relative over-index (+) or under-index (−) of each aggregate audience, from Qloo. Not individual data.

Momentum

Qloo's trending series did not move for this brand or the cohort in the 12 weeks to 2026-10-23, so momentum is not measurable for this window.

Footprint overlap for distribution

White space: Janji strong, buyer weak Shared stronghold Other metros
White space

Albuquerque, Denver

Shared strongholds

Providence, Hartford, Anchorage, Milwaukee, Virginia Beach, Baltimore, Portland

Bull vs bear

No debate on this run.

IC memo

Number check passed: 10 number(s), all in the evidence ledger.Written from the ledger template

Janji: ADVANCE

VC thesis screen for HOKA. Ranked #3 of 8 on composite audience fit. Composite fit F 68.1. Rule: F 68.1 >= 67 and no red flags.

MetricValueCoverage
Two-way audience affinity0.93full
Taste-profile overlap0.31full
Cross-domain agreement0.90full
Demographic alignment0.41full
Geographic footprint0.68full
Momentumn/anot measured

Shared taste. Both audiences over-index on: indie, folk, friendship, Tourist attraction, Alternative Rock. Across culture. The buyer audience's favourites this audience embraces most. Music: Houndmouth, Rayland Baxter; TV: Old Enough!, Better Late Than Never; Film: The Dawn Wall, Free Solo; Podcasts: I'll Have Another with Lindsey Hein Podcast, Ali on the Run Show. Footprint white space. Metros where the target's audience over-indexes and the buyer's doesn't: Albuquerque, Denver.

Red flags. None raised by the code rules.

Aggregate audience affinities from Qloo, not predictions about individuals. Not investment advice.

Provenance: 29 Qloo calls behind this target

Requests as sent (the API key travels in a header and is never logged). Responses are cached privately on the server.

PurposeEndpointStatusResultSource
/v2/insightsok23 of 23 candidates scoredcache
/v2/insightsok23 profile(s)cache
/v2/insightsok25 recommended podcast(s)cache
/v2/insightsok25 recommended movie(s)cache
/v2/insightsok25 recommended artist(s)cache
/v2/insightsok50 taste tag(s)cache
/v2/insightsok25 recommended tv_show(s)cache
/v2/insightsok8330 heatmap cell(s) in United Statescache
/v2/insightsokdemographics for 12 of 12 entitieslive 145 ms
/v2/trendingok26 trend point(s)cache
/v2/trendingok26 trend point(s)cache
/v2/trendingok26 trend point(s)cache
/v2/trendingok26 trend point(s)cache
/v2/trendingok26 trend point(s)cache
/v2/trendingok26 trend point(s)cache
/v2/trendingok26 trend point(s)cache
/v2/trendingempty0 trend point(s)cache
/v2/trendingok26 trend point(s)live 155 ms
/v2/trendingok26 trend point(s)live 186 ms
/v2/trendingok26 trend point(s)live 196 ms
/v2/trendingok26 trend point(s)live 196 ms
/v2/insightsok4 of 4 candidates scoredcache
/v2/insightsok50 taste tag(s)cache
/v2/insightsok25 of 25 candidates scoredcache
/v2/insightsok25 of 25 candidates scoredcache
/v2/insightsok25 of 25 candidates scoredcache
/v2/insightsok25 of 25 candidates scoredcache
/v2/analysis/compareok29 shared catalogue tag(s)cache
/v2/insightsok4447 heatmap cell(s) in United Statescache
Evidence rows (what bull, bear and the judge see)
[
 {
  "id": "t1-flags",
  "label": "Red flags (code rules)",
  "data": {
   "flags": []
  },
  "shortlistAverages": {}
 },
 {
  "id": "t1-m1",
  "label": "m1 Two-way audience affinity",
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   "b": 0.9072443115822273,
   "ratio": 0.9591705082402217,
   "value": 0.9261514582486624,
   "reverse": [
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    },
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    },
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     "name": "Athletic Brewing Co",
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   "coverage": 1
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   "ratio": 0.9604328890241645,
   "value": 0.8957493307746848
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 },
 {
  "id": "t1-m2",
  "label": "m2 Taste-profile overlap",
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    },
    {
     "id": "urn:tag:genre:music:folk",
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     "subtype": "urn:tag:genre:music"
    },
    {
     "id": "urn:tag:keyword:media:friendship",
     "name": "friendship",
     "subtype": "urn:tag:keyword:media"
    },
    {
     "id": "urn:tag:genre:place:tourist_attraction",
     "name": "Tourist attraction",
     "subtype": "urn:tag:genre:place"
    },
    {
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     "name": "Alternative Rock",
     "subtype": "urn:tag:genre:music"
    },
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    {
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     "name": "rock",
     "subtype": "urn:tag:genre:music"
    },
    {
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     "name": "indie rock",
     "subtype": "urn:tag:genre:music"
    }
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   "coverage": 1,
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     "id": "urn:tag:specialty_dish:place:shrimp_tacos",
     "name": "Shrimp Tacos",
     "subtype": "urn:tag:specialty_dish:place"
    },
    {
     "id": "urn:tag:keyword:media:anime_animation",
     "name": "anime animation",
     "subtype": "urn:tag:keyword:media"
    },
    {
     "id": "urn:tag:keyword:media:british",
     "name": "british",
     "subtype": "urn:tag:keyword:media"
    },
    {
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     "name": "Fries",
     "subtype": "urn:tag:specialty_dish:place"
    },
    {
     "id": "urn:tag:genre:place:restaurant",
     "name": "Restaurant",
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    }
   ],
   "targetOnly": [
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     "name": "Cookbooks",
     "subtype": "urn:tag:genre:media"
    },
    {
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     "name": "Cooking",
     "subtype": "urn:tag:genre:media"
    },
    {
     "id": "urn:tag:genre:place:state_park",
     "name": "State park",
     "subtype": "urn:tag:genre:place"
    },
    {
     "id": "urn:tag:specialty_dish:place:elote",
     "name": "Elote",
     "subtype": "urn:tag:specialty_dish:place"
    }
   ],
   "unionCount": 75,
   "sharedCount": 25,
   "buyerTop20MissingShare": 0.4
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  "shortlistAverages": {
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   "buyerTop20MissingShare": 0.41428571428571426
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 {
  "id": "t1-m3",
  "label": "m3 Cross-domain agreement",
  "data": {
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   "domains": [
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     "type": "urn:entity:artist",
     "clash": [
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       "name": "Rayland Baxter",
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      },
      {
       "name": "Shakey Graves",
       "affinity": 0.952090691966438
      }
     ],
     "expected": 25,
     "returned": 25
    },
    {
     "type": "urn:entity:tv_show",
     "clash": [
      {
       "name": "The Challenge",
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       "affinity": 0.873837934319269
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    {
     "type": "urn:entity:movie",
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 {
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  "label": "m4 Demographic alignment",
  "data": {
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    "female": -0.33,
    "25_to_29": -0.34,
    "30_to_34": -0.3025,
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    "30_to_34": 0,
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 {
  "id": "t1-m5",
  "label": "m5 Geographic footprint",
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    {
     "lat": 61.2181,
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    {
     "lat": 43.0389,
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     "metro": "Milwaukee",
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     "targetRel": 0.012475725664436998
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    {
     "lat": 36.8529,
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     "buyer": 0.8930670085141974,
     "metro": "Virginia Beach",
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     "targetRel": 0.0020764766873172524
    },
    {
     "lat": 39.2904,
     "lon": -76.6122,
     "buyer": 0.9297448853864333,
     "metro": "Baltimore",
     "target": 0.8604738552813654,
     "buyerRel": 0.06916254301313696,
     "targetRel": -0.00010848709193089778
    },
    {
     "lat": 45.5152,
     "lon": -122.6784,
     "buyer": 0.9426367608309525,
     "metro": "Portland",
     "target": 0.899778787678768,
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   "whiteSpaceCount": 2,
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  "shortlistAverages": {
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   "correlation": -0.07896856001469411
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 },
 {
  "id": "t1-m6",
  "label": "m6 Momentum",
  "data": {
   "z": null,
   "note": "Qloo's trending series did not move for this brand or the cohort in the 12 weeks to 2026-10-23, so momentum is not measurable for this window.",
   "value": null,
   "priorSd": null,
   "coverage": 0,
   "priorMean": null,
   "normalised": true,
   "recentMean": null
  },
  "shortlistAverages": {}
 },
 {
  "id": "t1-profile",
  "label": "Qloo entity profile: Janji",
  "data": {
   "name": "Janji",
   "drivers": [
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     "name": "HOKA",
     "score": 0.26055512051842067
    },
    {
     "name": "Tracksmith",
     "score": 0.25921833921209897
    },
    {
     "name": "On",
     "score": 0.24252929838564757
    },
    {
     "name": "Athletic Brewing Co",
     "score": 0.23769724188383273
    }
   ],
   "ownership": "unknown",
   "keyMarkets": [
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   ],
   "popularity": 0.6415724432540557,
   "screenRank": 2,
   "foundedYear": 2012,
   "priceRangeUsd": [
    50,
    120
   ],
   "ultimateParent": null,
   "forwardAffinity": 0.9458634349034952,
   "competitorBrands": [
    "Tracksmith",
    "Patagonia",
    "Satisfy Running",
    "Salomon",
    "Rabbit"
   ],
   "sharedCategories": [
    {
     "name": "Fashion",
     "score": 0.7307481702311143
    },
    {
     "name": "Fashion",
     "score": 0.7292849950590256
    },
    {
     "name": "Athletic",
     "score": 0.7289855573312215
    },
    {
     "name": "Diversity and Inclusivity",
     "score": 0.7280260704832594
    },
    {
     "name": "Innovative",
     "score": 0.7274399203995217
    },
    {
     "name": "Active",
     "score": 0.7273849283473037
    }
   ],
   "knownPartnerships": [],
   "marketPositioning": "Premium performance running brand focused on travel-inspired design and social impact."
  },
  "shortlistAverages": {}
 },
 {
  "id": "t1-score",
  "label": "Composite score",
  "data": {
   "F": 68.06997612704228,
   "points": {
    "m1": 33.07683779459509,
    "m2": 6.6365837552278215,
    "m3": 12.86217642637446,
    "m4": 5.809685083671489,
    "m5": 9.684693067173425,
    "m6": 0
   },
   "coverage": 0.7
  },
  "shortlistAverages": {
   "F": 66.89621770116648,
   "coverage": 0.68125
  }
 }
]