added by Sarah Drinkwater · updated 2y ago
The Future of Solo Capitalists | The Generalist
- Leading “solo capitalists” manage more money than many funds. Oren Zeev manages more than $1 billion without additional investment support. Elad Gil, Josh Buckley, Harry Stebbings and Lachy Groom manage funds in the hundreds of millions with similarly lean structures.
from The Future of Solo Capitalists | The Generalist by Mario Gabriele
Sarah Drinkwater added 2y ago
- They win through speed, empathy, and expertise. By avoiding firm politics, solo investors can move more quickly, committing to a round in hours or days. Many are current or previous operators, giving them empathy for founders’ journeys. Some bring unique expertise to the table, too.
from The Future of Solo Capitalists | The Generalist by Mario Gabriele
Sarah Drinkwater added 2y ago
- Established institutional LPs have backed solo GPs. University endowments and other institutional investors have funded several top managers. In doing so, these LPs seem to have made peace with the model’s structural risks.
from The Future of Solo Capitalists | The Generalist by Mario Gabriele
Sarah Drinkwater added 2y ago
- Venture firms should aggressively ally with these disruptors. While tier 1 funds will worry more about Tiger Global, solo investors have changed the market’s dynamics. Proactive firms will adapt, empowering these managers and benefiting from their favorable brand and impressive reach.
from The Future of Solo Capitalists | The Generalist by Mario Gabriele
Sarah Drinkwater added 2y ago
- Creators lead the way. Many members of this movement built their reputation as creators, amassing large audiences in the process. This influence has been translated into securing allocation in competitive rounds. Those that tell powerful stories about their portfolio businesses can drive remarkable results.
from The Future of Solo Capitalists | The Generalist by Mario Gabriele
Sarah Drinkwater added 2y ago