This week on Swimming with Allocators, we wrap up our “Best of 2025” reflections with more of the moments, lessons, and conversations that shaped the season.
What I enjoy about these recap episodes is that they let the audience hear the throughline. The venture market changed. The allocator market changed. But the fundamentals kept coming back: trust, discipline, differentiated judgment, and the ability to stay thoughtful when the market tries to make everyone reactive.
Part 2 is a strong listen for anyone who wants the year’s lessons in one place.


