StrictlyVC Download

Adeo Ressi and Sarah Lacy call B.S. on the shrinking emerging manager narrative


Listen Later

This week on StrictlyVC Download, TechCrunch EIC Connie Loizos and StrictlyVC's Alex Gove sit down with Adeo Ressi, founder of Decile Group, and Sarah Lacy, the former TechCrunch journalist turned entrepreneur to explore how one of Ressi's newest projects --  VC Lab -- has quietly launched over 800 venture funds worldwide, averaging $12 million each. In fact, while traditional media focuses on emerging manager struggles, the four talk about why, according to Ressi and Lacy, small checks are becoming strategically advantageous in over-subscribed rounds, how accomplished professionals are locked out of traditional VC despite having unicorn angel track records, and Lacy's theory that diverse manager networks are unlocking untapped LP pools. Plus, they talk about Lacy's path from Palm Springs bookstore owner back to Silicon Valley ecosystem building, whether this micro-fund renaissance can actually achieve 50/50 gender parity in venture capital, and what Ressi, a former roommate of Elon Musk, thinks about Musk's time this year in federal government.

00:00 - Introduction

03:17 - From tech journalism to Palm Springs bookstore owner
05:05 - Scaling Founder Institute and the birth of VC Lab
06:39 - The disconnect between media narratives and ground reality
07:46 - The economics of Decile Group's free model
09:54 - Fund performance: 2x returns in 24 months
12:14 - The strategic advantage of small checks
14:24 - Breaking the VC paper doll cutout
17:19 - Finding capital: From network activation to fund of funds
18:57 - Success stories: From blockchain to African women managers
23:43 - Fighting misogyny and building gender equality in VC
26:18 - From tearing down to building up
29:52 - Fixing problems at scale through democratized venture
31:45 - The Elon factor: Politics, neurodiversity, and friendship


Learn more about your ad choices. Visit megaphone.fm/adchoices

...more
View all episodesView all episodes
Download on the App Store

StrictlyVC DownloadBy Connie Loizos & Alex Gove

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

24 ratings


More shows like StrictlyVC Download

View all
This Week in Startups by Jason Calacanis

This Week in Startups

1,285 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

534 Listeners

The a16z Show by Andreessen Horowitz

The a16z Show

1,091 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,354 Listeners

Equity by TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Max Zeff, Theresa Loconsolo

Equity

337 Listeners

Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

Capital Allocators – Inside the Institutional Investment Industry

795 Listeners

Y Combinator Startup Podcast by Y Combinator

Y Combinator Startup Podcast

228 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,942 Listeners

Dwarkesh Podcast by Dwarkesh Patel

Dwarkesh Podcast

519 Listeners

No Priors: Artificial Intelligence | Technology | Startups by Conviction

No Priors: Artificial Intelligence | Technology | Startups

132 Listeners

Crucible Moments by Sequoia Capital

Crucible Moments

97 Listeners

The Ben & Marc Show by Marc Andreessen, Ben Horowitz

The Ben & Marc Show

139 Listeners

AI + a16z by a16z

AI + a16z

36 Listeners

Uncapped with Jack Altman by Alt Capital

Uncapped with Jack Altman

43 Listeners

Cheeky Pint by Stripe

Cheeky Pint

39 Listeners