Steven Venino (Senior Associate @ Rosecliff Ventures)

Confluence.VC is a resource library and private community for venture and growth equity investors. Since launching, membership has grown to include:

Each week, we use this newsletter to highlight members that make up this community.

***If you haven’t done so already, please take two minutes to fill out our venture capital salary survey so we can provide industry benchmark data to help you get paid. 🙏

This week we had on Steven Venino (@spvenino33) of Rosecliff Ventures.

Rosecliff has built up a reputation as one of the top early-stage funds, and their portfolio consists of companies like Allbirds, Casper, Roman, and others. The fund is sector agnostic, but Steven focuses most of his time within fintech, agriculture tech, and sustainability.

In this talk, we discuss:

• Steven’s path from banking —> hedge funds —> venture

• Overlooked sectors expected to outperform over the next decade

• Bottoms-up vs. top-down investing and deciphering what is noise vs. signal

• Assessing founder-market fit at the seed

Check out the full episode below:

☠️ Platforms, bundling, and kill zones

🗒 The most comprehensive product management survey courtesy of Lenny Rachitsky

📈 Lots of stats and graphs about the state of marketplaces

👖 Making sense of the lululemon / Mirror deal

🔮 Eight themes on the future of tech

⬆️ 30 tips on managing up

🔥 Reflections on running a VC portfolio network

🤷‍♂️ Interesting read on the issues with optionality

• D20 Capital is looking for an associate in San Francisco.

• Legacy Venture is looking for an investment analyst in Palo Alto.

• Emerson Collective is looking for a senior associate in Palo Alto.

Are you an investor that hasn’t joined this community? Submit your info to join below:

What did you think about this week’s newsletter?

I love it 😍 | Meh 😒 | This stinks 🥵

Thanks so much for reading! We began this initiative because of personal struggles we experienced while settling into venture roles, and we want to continue to make this newsletter a resource rather than a burden to your inbox. 

If you have any thoughts, suggestions, or feedback, please share it by using the chat bubble included in-between the heart icon and export box below. 👇