Sturdy: Single-LP Model Frees CapitalG From Artificial Sales Pressures
Laela Sturdy · Laela Sturdy: Life Inside Alphabet's $7BN Growth Fund | E1190 · 20VC with Harry Stebbings · Aug 16, 2024 · at 38:25
Laela Sturdy is Managing Partner at CapitalG. She discusses how having Alphabet as a sole LP enables longer hold periods compared to multi-LP venture firms.
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“And that's a huge advantage for us because it means that we can invest and hold over the long term and why we're so obsessed with finding generational companies that will compound over the long term because that creates incredible Money on money and incredible IRR returns without having a false reason to have to sell companies that we really want to own.”
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