Convective Field Notes · 24 March 2026 · Investment Thesis

2025 Annual Letter: Resilience

Convective Field Notes

Convective's 2025 LP letter articulates a thesis that resilience—risk management for the physical world—is becoming a major venture category, leveraging their wildfire expertise as a beachhead into a $1T+ market across energy, insurance, and infrastructure.

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Topics: Energy & Climate · Insurance · Venture Capital & Startups

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