Bryce Roberts
Bryce Roberts
Bryce Roberts is the author and central voice of We’re Selling Entrepreneurship Short, the essay that anchors his critique of the Venture Capital model. His argument: the industry’s obsession with $50B+ public outcomes — where roughly 15 companies a year drive 95% of all venture value — has crowded out a much larger population of profitable, founder-controlled businesses that represent a better path for most entrepreneurs. He frames the blitzscaling model as something that “was not delivered from the mountain on stone tablets” and can be iterated on, and points to the optionality “indie” companies retain by staying profitable (repurchasing equity, merging, getting acquired, or later raising growth capital on their own terms). In Kyle’s notes he is a recurring figure in the VC-alternatives line of thinking.
Context: Bryce Roberts is a venture investor who co-founded O’Reilly AlphaTech Ventures (OATV) and launched Indie.vc, an early experiment in funding profitable, founder-controlled companies with revenue-based / non-traditional structures rather than the standard equity-and-exit venture model.
Where this appears
- We’re Selling Entrepreneurship Short — author and central voice; his case that the $50B-outcome math of modern venture has crowded out profitable, founder-controlled entrepreneurship.
Current role
Founder and Managing Director at INDIE ENTERPRISES — profile.
Referenced in
- A Tale of Two Markets essay
- Competitive Moats essay
- Renegade Spotlight: Homebrew essay
- Revisiting A Tale of Two Markets essay
- The Inevitability of Advertising essay
- The Non-Zero-Sum Game of Ambition essay
- The Tales of Usefulness Have Been Greatly Exaggerated essay
- Venture Capital Doesn't Exist essay
- Your Fund Size Is Your Strategy note