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

In a recent episode of StrictlyVC Download, hosts Connie Loizos from TechCrunch and Alex Gove from StrictlyVC engaged in a compelling discussion with Adeo Ressi, the founder of Decile Group, and entrepreneur Sarah Lacy. The conversation centered around Ressi's innovative initiative, VC Lab, which has successfully launched over 800 venture funds globally, each averaging around $12 million. Contrary to traditional media's portrayal of the challenges faced by emerging managers, the group delved into the strategic advantages of smaller investments, especially in highly competitive funding rounds. They highlighted how seasoned professionals, despite impressive track records as angel investors, often find themselves excluded from conventional venture capital opportunities. Lacy introduced an intriguing perspective, suggesting that networks of diverse managers are beginning to tap into overlooked pools of limited partners (LPs). The discussion also touched on her personal journey from owning a bookstore in Palm Springs to contributing to the Silicon Valley ecosystem, and whether the current rise of micro-funds could help achieve gender parity in venture capital. Furthermore, Ressi, who previously shared a living space with Elon Musk, offered insights into Musk’s recent engagements with the federal government. StrictlyVC Download is released every Tuesday, and listeners can subscribe on platforms like Apple and Spotify to keep up with new episodes.