I've seen the "solo capitalist" term pop up a few times, and I'm not sure why it matters. Does it really change the game that much that there is one decision maker at a firm vs 3 or 5?
A16Z says that every partner is expected to make their own investment decisions, the board doesn't decide. However, they use the board (or a board) to challenge the assumptions and help the partner make a good decision.
I'm sure other VCs are copying A16Zs playbook.
Am I missing something? Why does it matter that there are "solo" VCs? And why are they called "Solo Capitalists" anyway? It's still Venture Capital.
That’s how most of the valley venture firms I’ve worked with have operated for decades.
I once gave a presentation at an LP meeting, after which once of the GPs came up to me and said, “Oh, so that’s what you do.” This is after the firm had participated in two rounds.
