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1/ Announcing @Bedrock Fund II — $350 million more for narrative violations: medium.com/bedrock/bedroc…
2/ Two years ago @justglew and I founded Bedrock on the idea that the best investments are narrative violations: companies that are underestimated because they are incongruent with popular narratives. bedrockcap.com/letter 
3/ Since then, we’ve invested in 16 companies (roughly 50% in the Bay Area and 50% elsewhere). Each one reflects our mission in a unique way.
4/ @TheAthletic pioneered a new model for online media and built a base of loyal paid subscribers.
Their success is bending the narrative toward a new reality where subscriptions — not ads — are the best way to unlock massive scale as a media company.
Their success is bending the narrative toward a new reality where subscriptions — not ads — are the best way to unlock massive scale as a media company.
5/ @LambdaSchool reimagined education from the ground up, creating a program that is infinitely accessible and infinitely scalable.
Their success is bending the narrative toward a new reality where the student debt crisis is, in fact, a solvable problem.
Their success is bending the narrative toward a new reality where the student debt crisis is, in fact, a solvable problem.
6/ @RigUp flew under the radar for years while building a labor marketplace in Oil and Gas.
Their success is bending the narrative toward a new reality where marketplaces for labor can scale beautifully — even in a sector that has been relatively untouched by the internet.
Their success is bending the narrative toward a new reality where marketplaces for labor can scale beautifully — even in a sector that has been relatively untouched by the internet.
7/ @JoinHomebase has become operating system for work for more than 100,000 small and medium-sized businesses.
Their success is bending the narrative toward a new reality where SMBs aren’t left behind by software innovation, but rather are the next frontier of it.
Their success is bending the narrative toward a new reality where SMBs aren’t left behind by software innovation, but rather are the next frontier of it.
8/ We are excited about the (very) early results at Bedrock. That said, much like the companies we back, our mindset is that we must re-earn the right to exist as a firm each day through relentlessly executing on our mission.
9/ Lastly, a big thank you to the @Bedrock team, portfolio founders, and limited partners that I am humbled to work with each day. It’s a special group.
Let’s go!
Let’s go!
