Sergio Mottola
The model. The money. The rules. The tech.

Sergio Mottola

Illustrated portrait of Sergio Mottola
Partner, Tyche.Black

I work out the structure
before I pick a side.

A few things about me

I work out the structure before I pick a side. The model. The money. The rules. The tech. I like the moment in a room when the obvious option dies and a better one is still possible. That is the work I have loved since Lloyd’s.

Tyche.Black is the firm I wanted. An AI-native strategic design consultancy that also originates: we advise, and we take our fee in shares where we build beside a founder. Giulia Maresca and I are its two partners.

Tyche.Black

Insurance first. Aon, Willis, Howden, Lloyd’s. A human market. You either closed or you left. I closed.

Bayes, under Charles Baden-Fuller. How value is actually built, not how it is presented.

Then San Marino.

Illustration of Sergio Mottola in discussion against the San Marino flag
The Republic of San Marino

Parliament asked me to take Techno Science Park San Marino–Italia and turn it into something a country could use. I designed the Republic of San Marino Innovation Institute, built it, and ran it as Executive Chairman until 2020. In 2019 the Republic adopted the decrees we had drafted: digital assets first, then the high-technology framework. The institute became the body that certified real innovation — and with that certificate, the operating and tax benefits a company had to earn. VeChain signed first. Others followed. I represented the Republic with central banks, the EU and the OECD. That file is still the one I trust when the counterpart is a state, a board, or a room that has already decided the wrong thing.

A digital-asset research team that could build, and could not yet raise on their name alone. I designed a co-investment so little of their own capital had to go in. The fund raised and deployed. I stayed two years as venture partner, then sold my stake. Then I founded Public Pressure — Web3 music and culture — and raised for it, and chaired the Web3 Music Association the industry set up around that work.

I built the systems we use at the firm. I still like taking a problem apart more than I like announcing it.

Essays

Collecting. I will publish here when a piece is ready.

For a decision: Tyche.Black ↗︎

For the essays, the talks, the press: write to me on socials.