Micah Rosenbloom

The same stats could describe radically different companies now, so the labels tell you almost nothing about the risk profile.

Raising lean assumes you can predict what the next round rewards. Lately, that’s gotten very hard to call.

It works like a venture portfolio. Make enough careful bets, and the odds compound in your favor over time.

Picking well used to be the job. Now, GPs who can’t build an organization are in trouble.

You can’t engineer serendipity, but you can keep showing up for it.

Conviction isn’t the urge to catch up with the room, it’s belief in a founder’s decade-long vision.