Micah Rosenbloom

Everything Micah Rosenbloom said on any show that made the record, most notable first. Each card names its show and opens the statement there.

20VC Opinion

Mark Suster's 'always be raising' advice distracts founders from execution

“There is a headset that has become the norm, which is always be raising. I don't know if that's always right. I think it's where we are, but I don't think that's necessarily the right thing for all founders. I think it's often very distracting and very, and ma…”

Micah Rosenbloom Feb 15, 2017 ▶ 18:00 20VC: Why Founders Should Not Focus On Top Line Valuation, Why Capital Efficiency Is Key To Returns And Investment Success & Why Despite Popular Thought, $100m Is An Exciting Exit For VC with Micah Rosenbloom, Managing Partner @ Founder Collective

20VC Insight

Managing for Series A metrics makes founders build decks, not companies

“You can become obsessed with what you need to achieve for the next round. And, you know, every board meeting then becomes, well, what are the series A guys want? And you're not really building the business. You're building the deck for the series A.”

Micah Rosenbloom Feb 15, 2017 ▶ 16:23 20VC: Why Founders Should Not Focus On Top Line Valuation, Why Capital Efficiency Is Key To Returns And Investment Success & Why Despite Popular Thought, $100m Is An Exciting Exit For VC with Micah Rosenbloom, Managing Partner @ Founder Collective

20VC Insight

East Coast VCs gain clarity by avoiding Silicon Valley's echo chamber

“I think starting our career on the East coast kept us a little outside the eco, you know, the echo chamber. And I think that did give us some perspective. We weren't around all the VCs every day.”

Micah Rosenbloom Feb 15, 2017 ▶ 10:52 20VC: Why Founders Should Not Focus On Top Line Valuation, Why Capital Efficiency Is Key To Returns And Investment Success & Why Despite Popular Thought, $100m Is An Exciting Exit For VC with Micah Rosenbloom, Managing Partner @ Founder Collective

20VC Insight

Financial modeling for seed startups is a complete waste of time

“There's no model. We're not building discounted flat cash flows or weighted average cost models or black shoals. We're just not doing that stuff. There's not enough data to do it. You'd waste your time.”

Micah Rosenbloom Feb 15, 2017 ▶ 13:24 20VC: Why Founders Should Not Focus On Top Line Valuation, Why Capital Efficiency Is Key To Returns And Investment Success & Why Despite Popular Thought, $100m Is An Exciting Exit For VC with Micah Rosenbloom, Managing Partner @ Founder Collective

20VC Disclosure

Founder Collective will keep its next fund size capped at $75M

“If you keep your fund small enough, which is something that we really believe in, we've kept the fund. The last fund was 75. This, the next fund is 75. We haven't grown it.”

Micah Rosenbloom Feb 15, 2017 ▶ 14:48 20VC: Why Founders Should Not Focus On Top Line Valuation, Why Capital Efficiency Is Key To Returns And Investment Success & Why Despite Popular Thought, $100m Is An Exciting Exit For VC with Micah Rosenbloom, Managing Partner @ Founder Collective

20VC Assertion Partly supported

Idealab was the first startup accelerator, predating Y Combinator

“Ideal lab was the first accelerator pre YC pre, you know, all the, you know, the ones that we see today.”

Micah Rosenbloom Feb 15, 2017 ▶ 5:37 20VC: Why Founders Should Not Focus On Top Line Valuation, Why Capital Efficiency Is Key To Returns And Investment Success & Why Despite Popular Thought, $100m Is An Exciting Exit For VC with Micah Rosenbloom, Managing Partner @ Founder Collective

20VC Insight

The highest-returning venture investments are non-obvious deals that consensus rejects

“It's sort of a core belief that the best investments we've made and the best investments out there were not obvious, and they were the kind of wacky deal in the corner of the room that everybody else sort of passed on”

Micah Rosenbloom Feb 15, 2017 ▶ 7:49 20VC: Why Founders Should Not Focus On Top Line Valuation, Why Capital Efficiency Is Key To Returns And Investment Success & Why Despite Popular Thought, $100m Is An Exciting Exit For VC with Micah Rosenbloom, Managing Partner @ Founder Collective

20VC Disclosure

Founder Collective co-led SkipTheDishes, which sold to Just Eat for $200M

“We ended up, you know, leading the round with golden golden ventures out of Toronto. So I think, you know, they recently sold to Just Eat for, you know, two hundred million Canadian, so we're excited about that.”

Micah Rosenbloom Feb 15, 2017 ▶ 9:01 20VC: Why Founders Should Not Focus On Top Line Valuation, Why Capital Efficiency Is Key To Returns And Investment Success & Why Despite Popular Thought, $100m Is An Exciting Exit For VC with Micah Rosenbloom, Managing Partner @ Founder Collective

20VC Insight

Investing and founder support are the only top priorities in VC

“In venture, investing in helping companies is the only A activity. Everything else is a B activity.”

Micah Rosenbloom Feb 15, 2017 ▶ 21:15 20VC: Why Founders Should Not Focus On Top Line Valuation, Why Capital Efficiency Is Key To Returns And Investment Success & Why Despite Popular Thought, $100m Is An Exciting Exit For VC with Micah Rosenbloom, Managing Partner @ Founder Collective

20VC Disclosure

Rosenbloom's dot-com startup Handshake raised $25M and failed from overcapitalization

“We raised twenty-five million dollars. We had 40 or 50 people. And, you know, the business really just was overcapitalized.”

Micah Rosenbloom Feb 15, 2017 ▶ 6:13 20VC: Why Founders Should Not Focus On Top Line Valuation, Why Capital Efficiency Is Key To Returns And Investment Success & Why Despite Popular Thought, $100m Is An Exciting Exit For VC with Micah Rosenbloom, Managing Partner @ Founder Collective

The other half of the tape: Micah Rosenbloom's own voice is left out of every number here. Other people bring the name up 31 times in 12 episodes across the shows. every mention, with the transcript →

Who brings them up most Harry Stebbings 12David Frankel 12Eric Paley 4Nadia Boujarwah 2Roger Ehrenberg 1

Every mention by year

One line per show, most statements first. The link opens Micah's full record on that show: the calibration, argument clarity, speaking style and every statement made there.

Show	Role there	Eps	Statements	Record
20VCLEDGER	Managing Partner, Founder Collective	1	10	0% 0/1	full record on 20VC →