Venture Capital/Opinion/

Dispatches from a new VC: the Black Goose memo

This is not a time for panic. This is not a time for serif fonts.

Credit: Chris Curry on Unsplash
Rosie Wood

By Rosie Wood

Usually, this column is written by Rosie Wood, a (fictional) associate at the VC firm Mild Conviction. Rosie is on vacation this week in Bodrum with some Web3 founders, so Mild Conviction has kindly let Sifted run the most recent “Black Goose memo” that it shared with portfolio teams to address concerns about a slowdown in tech. The memo was originally presented to the portfolio over Microsoft Teams on June 10. 

Mild Conviction is a generalist, multistage fund with offices in London, Paris and Verbier. It’s not like normal VCs — it doesn’t need to do a tonne of due diligence to decide on an investment. Instead, it simply looks for companies and founders that are pretty good. Because pretty good is usually good enough. Catch up on Rosie’s other dispatches about the fund here. 

Join the conversation

avatar
  Subscribe  
Notify of