3min chapter

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: The Rippling Memo: Bedrock's Geoff Lewis on The Conviction Building Process to Write a $200M Check and Co-Lead Rippling's Series D | Why No Competitor Can Out Execute Rippling | Uncapped SAFE's Why You Should Never Do Them and Why Geoff Broke The Ru

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

CHAPTER

You Can't Control Everything

I lost money for the first time recently and I learned one thing very importantly, which is that sometimes there are cases where the founder can be the best in the world almost. That was my lesson from losing money in this case. We have a company in our portfolio now that they were hit extremely hard by the macro. They have some executional missteps. So if we lose that, it's fine. I think they're going to figure something out. It's pretty hard to find an asset of this caliber on the planet.

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