Solo GP
topic on 7 shows · 12 statements across 11 episodes
Innovators & Investors
the Neon Show
A Product Market Fit Show
Sourcery
Capital Allocators
TBPN
20VC
12 statements about Solo GP, every show
Sidana: LP risk is higher in venture partnerships than in solo GPs
“Obviously your risk is much higher in a partnership. In a partnership, by definition, there is someone who is a good investor and someone who's a little bit less good investor. So you're getting an average. So as it is, you're getting slightly lower. And then …”
Sidana predicts VC partnerships will always outnumber solo GPs
“Because of social reasons, It's not a stable long-term system, and so we will always see more partnerships than solo GPs.”
Warrington: Gresham Partners gravitates toward solo general partners for early-stage venture
“We've taken the tact that a solo GP might be better for the game that we're playing at that stage. That tends to differentiate a lot of what we're doing. Many of the bigger firm spin-outs tend to be teams of folks, and maybe we're wrong here, but we tend to gr…”
Morgan: Solo GP funds are unnerving due to lack of governance
“Way too many funds, way too many solo GPs, which is on, on, on I don't know what the right word is, an unnerving trend, because as a, as an investor, because on the other side I have a family office, we're investors in ADVC funds, and we worry about solo funds…”
Rangan: Pretty much every successful VC operates as a solo GP
“I believe that pretty much every successful VC is a solo GP, whether they're part of a large firm or not, or on their own.”
Kanji: VC partnerships outperform solo GPs due to error-correction mechanisms
“I think partnerships are way better Than solo GPs, because you get this error correction mechanism from other smart people.”
Hays: Chris Sacca's breakout debut fund was only $8 million
“Or Chris, Chris Saka, the greatest, like the fund that Arguably set off the solo GP wave was an eight million dollar fund.”
Weisburd: A 25-company $10M fund yields 3x easily, but 20x rarely
“If you have a portfolio of 25 in your, let's say, ten million dollar solo GP, the odds of you being a three X fund are high, if you're competent. The odds of you being a 20 X fund are low.”
Wittenborn: Solo GP model fits early-stage VC better than consensus partnerships
“I think solo GP is, For the right person, a very good fit for the early stage. And I think most consensus driven models at the early stage, unless it's a very aware and mindful partnership that really supports each other and, you know, can all see the complexi…”
Lemkin: Would have built legendary funds with a co-founding partner
“I would have been a much better investor with a partner than as a solo GP. I'll say it with a hundred percent certainty, a hundred percent. Sorry. I would have been better. I'm going to do fine. Don't get me wrong. No, no, I will do well, but I could have had …”
Subscale solo GPs face severe cram-down risks in a market downturn
“I've always worried that the solo GPs with subscale funds would run up against this constraint if the market ever turned and the later stage guys started getting more aggressive. They'd get crammed down and kicked to common and all that stuff. And so I've stay…”
Multi-stage VC bureaucracy makes their decision-making slower than solo GPs
“Look, I can help you build this, and it's not to say that brand name firms can't do that, but there's more bureaucracy, and there's more red tape for a multi-stage firm, for instance, to be able to make a decision as quick as a solo GP.”