Countdown Capital winding down: A positive outlook for micro funds

# Countdown Capital's Shutdown Raises Questions for Micro Funds Last week, my colleague Aria Alamalhodaei wrote an exclusive on defense and space tech venture firm Countdown Capital's plan to shut down. Jai Malik, the founder of Countdown, said in a letter to his LPs that due to how competitive the industrial tech sector has become, he is no longer confident about smaller venture firms' ability to secure the meaningful stakes in startups they'd need to produce worthwhile returns. # Is Countdown's Closure a Warning Sign for Micro Funds? As Aria wrote, the letter reads like a cold glass of water to the face. While winding down the fund is a mature move — GPs have a fiduciary duty to their LPs, after all — the news doesn't help the growing scuttlebutt in the VC world that most micro funds can't survive outside of a bull market like 2021's. # Why Countdown's Demise Doesn't Spell Doom for Micro Funds But