Micah Rosenbloom is a Managing Partner at Founder Collective, a firm dedicated to seed investing and, crucially, to keeping their fund sizes below $100 million. Micah talks with Beezer Clarkson, Partner at Sapphire Partners, and Nick Chirls, Partner at Asylum Ventures, to discuss Founder Collective’s philosophy of keeping their fund size small to avoid the “billions or bust” mentality, how most investors have a bad track record of spotting trends at seed, and how consumer goods are still worthwhile investments even against the backdrop of AI. They also debate a recent post from Nick to get to the fundamental question of whether investors taking big risks are courageous or lucky.

Learn more about Sapphire Partners: sapphireventures.com/sapphire-partners

Learn more about OpenLP: openlp.vc

Learn more about Asylum Ventures: asylum.vc

Learn more about Founder Collective: foundercollective.com

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CHAPTERS:

0:00 Welcome to Origins

2:16 What Can Small Do For You?8:57-A Whole Team of Ex Operators

14:52 How Micah’s View of the Market Has Changed18:48-Why the Market’s Tough Right Now

21:49 Early Stage VCs Are Usually Seven Years Too Late
30:14 Investing: Courage or Luck?42:59-Predictions for 2026

Staying Small Despite Billion-Dollar Backings with Micah Rosenbloom

Origins: Inside Venture Capital