Reletter
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weekly essay by a venture capitalist (@nbt) in search of the next big thing

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Substack
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Issues94Founded6 years agoLast Issue22 days ago
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Latest Issues

Princeton's Class of 2011

Welcome to issue #71 of next big thing.

I’m flying today from SFO to EWR to head to Princeton for my 15th reunion. Reunions are a big deal at Princeton. It’s one of the largest alumni gatherings in the world every year, with more than 25,0...

22 days ago
31
5

Sense of Urgency

Welcome to issue #70 of next big thing.

This week, I had the privilege of dining at The French Laundry (TFL). The restaurant recently celebrated its 32nd anniversary under Chef Thomas Keller, who took it over in 1994. Since the first Miche...

a month ago
34
2

Canva's Original Pitch Deck

Welcome to issue #69 of next big thing.

A few weeks ago, I spent the day with the team at Canva, a company I’ve been fortunate to be an investor in since their Seed round in 2014. At their 2026 Canva Create, they showcased their latest wor...

a month ago
19
1

Monk

If you’re fortunate as a venture capitalist, you have a handful of moments every year where you meet a founder and within 15 minutes you know you have to invest.

I’ve had one of those moments in 2026. Last month, in March, I arrived at an...

2 months ago
23
3

Footwork at Year 5

Welcome to issue #68 of next big thing.

We started Footwork five years ago, and have written annual posts about the journey: at inception, year 1, year 2, year 3, year 4, and now this one to mark year 5.

Year 5 felt like Footwork’s most i...

2 months ago
11
1

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Authors

The writers behind this newsletter.

  • Nikhil Basu Trivedi

    Co-Founder & General Partner at Footwork (https://www.footwork.vc/). Author at next big thing (https://nbt.substack.com/).

  • Mike Smith

    Co-Founder and General Partner at Footwork.

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