What is a micro VC?

A micro VC is a small venture fund — commonly under $50M — writing first checks at pre-seed and seed. Small fund math changes behavior: a modest exit can return a micro fund, so they can win on outcomes larger funds must ignore.

Micro VCs rarely lead later rounds and hold smaller reserves, which founders should factor into syndicate design: pair micro funds' speed and attention with at least one investor able to support the company at scale.