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Alex Rubalcava

@alexrubalcava.bsky.social
485 followers 74 following 236 posts

Managing Partner at Amplify LA. Formerly founder of Stage Venture Partners. Pre-seed investor in audacious AI & software startups in manufacturing, aerospace & defense, robotics, health care, fintech, logistics, and data-as-a-service.

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Alex Rubalcava @alexrubalcava.bsky.social · 15/09/2026
More than 50% of the decks I get are in the standard Claude format. The easiest way to stand out is simply not to do that.
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Alex Rubalcava @alexrubalcava.bsky.social · 10/09/2026
My wife's assistant on Instinct is now sending me "honey-do" email reminders. I'm not sure if this is the AI wonderland I was promised.
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Alex Rubalcava @alexrubalcava.bsky.social · 10/09/2026
If California's grid had not changed since 2021, this week's weather would have driven outages across the state. Very impressive performance.
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Alex Rubalcava @alexrubalcava.bsky.social · 09/09/2026
When I met the governor, he immediately offered to help me get business from his state pension fund, which I found shocking. I pretended not to have my business cards on me. Which is why rescinding this rule is so absurd to me. It will enable rampant corruption. www.skadden.com/insights/pub...
skadden.com
SEC Proposes Rescission of Investment Adviser Pay-to-Play Rule | Skadden, Arps, Slate, Meagher & Flom LLP
The SEC announced a proposal to rescind Rule 206(4)-5 under the Investment Advisers Act in its entirety, including its prohibition on certain political contributions and its restrictions on the use of...
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Alex Rubalcava @alexrubalcava.bsky.social · 09/09/2026
More than twenty years ago, I owed someone a favor that got called in the form of paying $1,000 to attend a fundraising dinner for Rod Blagojevich.
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Alex Rubalcava @alexrubalcava.bsky.social · 09/09/2026
No greater headline will ever be written about LA.
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Alex Rubalcava @alexrubalcava.bsky.social · 08/09/2026
Anyone know how to read lips to know which player committed that penalty?
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Alex Rubalcava @alexrubalcava.bsky.social · 08/09/2026
This Florida State - SMU game in low power mode is shaping up to be a spectacle. Turn it on if you’re not watching.
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Alex Rubalcava @alexrubalcava.bsky.social · 03/09/2026
Team slide from a deck I received: "I launched the Internet as a category." Uh, I think only Tim Berners-Lee or Marc Andreessen get to say this, my guy.
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Alex Rubalcava @alexrubalcava.bsky.social · 03/09/2026
I, too, am Alex, a former child.
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Alex Rubalcava @alexrubalcava.bsky.social · 02/09/2026
Same guy: "No good deals were made during the boom years of 2020 and 2021." Anthropic raised its first capital in 2021. How anyone could hire this guy to manage money is beyond me.
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Alex Rubalcava @alexrubalcava.bsky.social · 02/09/2026
At my prior, solo GP firm, with no institutional capital, I backed 44 startups at seed over a decade. One has already surpassed $100m, another will do so next year, and a third should get there in 2028. If you think there are only a dozen outcomes like this annually, you're not looking hard enough.
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Alex Rubalcava @alexrubalcava.bsky.social · 02/09/2026
Just read an interview with an LP allocator with this howler of a line: "Historically, only 10 to 14 companies born each year eventually achieve $100 million in annualized recurring revenue at some point in their growth."
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Reposted by Alex Rubalcava
Brian Jordan @fromvatola.bsky.social · 27/08/2026
This probably originates from when Throwback Thursdays were thing but timeless nonetheless
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Alex Rubalcava @alexrubalcava.bsky.social · 21/08/2026
After winning reelection in 1984, Bradley asked every one of his commissioners to resign. He filled the vacancies with 35 year old Boomers, almost all serving in their first appointed office and many still influential today. It would be good to have a mayor focused on future leadership like that.
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Alex Rubalcava @alexrubalcava.bsky.social · 04/08/2026
Spotted this Tesla cyber cab at Home Depot yesterday.
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Alex Rubalcava @alexrubalcava.bsky.social · 31/07/2026
Every few years someone learns anew that margin debt is the most fragile and ephemeral form of leverage imaginable.
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Alex Rubalcava @alexrubalcava.bsky.social · 31/07/2026
There is a universe of difference between leverage on the balance sheet of an operating company with real assets and real cash flows on the one hand, and leverage on the balance sheet of a fund investing in volatile liquid securities on the other hand.
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Alex Rubalcava @alexrubalcava.bsky.social · 31/07/2026
I want to read the articles surely forthcoming about what the prime brokers were thinking on the way up. They seem to have reacted well once the music stopped, but who let them get this exposed in the first place?
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Alex Rubalcava @alexrubalcava.bsky.social · 31/07/2026
Jobs # 1, 2, and 3 for any PM are risk management. The peak to trough decline in the NASDAQ over the last 40 days was about 12%. Anyone so concentrated in the momo names down 50% plus had no business operating with any leverage. Anyone allocating to him has no one to blame but themselves.
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Alex Rubalcava @alexrubalcava.bsky.social · 30/07/2026
Martingale men rarely survive Minsky moments.
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Alex Rubalcava @alexrubalcava.bsky.social · 19/07/2026
Would the match have more action if someone told the players that they were competing for third place?
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Alex Rubalcava @alexrubalcava.bsky.social · 19/07/2026
Congrats to Tom Cruise for keeping up his Duolingo streak.
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Alex Rubalcava @alexrubalcava.bsky.social · 18/07/2026
Have England and France hired defensive coordinators from the former PAC-12?
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Alex Rubalcava @alexrubalcava.bsky.social · 18/07/2026
Their finest hour.
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Alex Rubalcava @alexrubalcava.bsky.social · 07/07/2026
Billy Joel voice: Bombs over Tehran, Minion on screens, Belgians in Seattle WE DIDN’T START THE FIRE!
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Alex Rubalcava @alexrubalcava.bsky.social · 06/07/2026
Best defense since Dunkirk.
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Alex Rubalcava @alexrubalcava.bsky.social · 03/07/2026
Offsides! Maybe he can sneak back in a few weeks from now.
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Alex Rubalcava @alexrubalcava.bsky.social · 03/07/2026
That man will never be able to return to Portugal.
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Alex Rubalcava @alexrubalcava.bsky.social · 30/06/2026
Great quarter, guys.
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Reposted by Alex Rubalcava
Conor Sen @conorsen.bsky.social · 27/06/2026
We collectively need to have more gatherings/special occasions for close friends in between weddings and funerals — milestone birthdays, whatever.
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Alex Rubalcava @alexrubalcava.bsky.social · 26/06/2026
Turns out that a fool born every second is an inadequate supply
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Alex Rubalcava @alexrubalcava.bsky.social · 25/06/2026
Yes, a real fund. More growth equity in style than VC. I saw 3x participating in the depth of 2002. Never 4x before today.
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Alex Rubalcava @alexrubalcava.bsky.social · 25/06/2026
A portco just got a term sheet with 4X participating preferred! This startup is growing nicely, has plenty of cash, and is not in distress. Offering them a TS like this immediately causes us to tell all founders we know to stay away from these guys forever.
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Alex Rubalcava @alexrubalcava.bsky.social · 18/06/2026
At Sofi Stadium (sue me, FIFA). The Bosnian fans brought a flag with an AK-47 on it.
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Alex Rubalcava @alexrubalcava.bsky.social · 17/06/2026
Nice finds. Are these from the 25th anniversary video produced by the PV Institute?
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Alex Rubalcava @alexrubalcava.bsky.social · 15/06/2026
Generic FIFA stadiums should be matched with generic sponsors. So next World Cup can be brought to you by: Large Number Search Engine Northwest Arkansas Mega Mart Cupertino Computer Company
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Alex Rubalcava @alexrubalcava.bsky.social · 14/06/2026
Hope you didn’t park your car on the street anywhere near New York tonight.
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Alex Rubalcava @alexrubalcava.bsky.social · 12/06/2026
I just attended a dinner of 20+ VCs. We were all asked our opinion of SpaceX. Everyone said buy, buy for a pop, or hold. Except me. I said sell it short till it’s down 90%. The reevaluate. We will see who was right.
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Alex Rubalcava @alexrubalcava.bsky.social · 10/06/2026
My wife and I saw a couple on a great first date a few years ago. We paid for a round of drinks for them as we left, instructing the waiter not to tell them until we were gone. Hope it went well!
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Alex Rubalcava @alexrubalcava.bsky.social · 08/06/2026
I’m glad that the idiot who used to get in fistfights with my brother in the 1990s will now leave the scene. But I have no idea who I will vote for to lead my city in November.
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Alex Rubalcava @alexrubalcava.bsky.social · 02/06/2026
The largest public companies are going to have cap tables that look like junior Canadian miners and I'm here for it.
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Alex Rubalcava @alexrubalcava.bsky.social · 02/06/2026
Berkshire PIPE recipient, 2008: "My balance sheet is sound." Berkshire PIPE recipient, 2026: "My depreciation schedule is reasonable."
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Alex Rubalcava @alexrubalcava.bsky.social · 27/05/2026
The local HOA, opposing construction of a 20 unit multifamily development
static.klipy.com
Braveheart: Scottish Warriors Charge
ALT: Braveheart: Scottish Warriors Charge
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Alex Rubalcava @alexrubalcava.bsky.social · 27/05/2026
Sometime around 2012, I had 8% of my then-fund in MU at around $6/share. Things like this are why I'm loathe to sell stock.
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Alex Rubalcava @alexrubalcava.bsky.social · 26/05/2026
I've got one word for you.
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Alex Rubalcava @alexrubalcava.bsky.social · 21/05/2026
We should have known all along. The order of operations for this year's trillion dollar IPOs will be based on company quality. The first: the dumpster fire trying to jump the line The second: A great company The third: The real prize
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Alex Rubalcava @alexrubalcava.bsky.social · 20/05/2026
No politician this century will have as much fun as the next governor of California. The state is about to experience a tsunami of revenue from the current crop of IPOs. There will be funding for every project, every priority, and every constituency.
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Alex Rubalcava @alexrubalcava.bsky.social · 20/05/2026
Dan Quayle: I have as much experience as Grogu did when he first wielded the Force. Lloyd Bentsen: Senator, I served with Grogu. I knew Grogu. Grogu was a friend of mine. Senator, you're no Grogu.
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Alex Rubalcava @alexrubalcava.bsky.social · 19/05/2026
James Cameron: Grogu is a technical challenge. Small, green, mostly ears. Interviewer: But worth it? Cameron: I spent $400 million teaching him to swim. He levitated out of the tank.
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