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Hey everyone, Nuked here! Today, let’s dive into an exciting story about how AI is transforming venture capital, especially for solo general partners.
Sarah Smith, founder of the Sarah Smith Fund, recently closed a $16 million Fund I. She’s been pioneering solo venture investing since launching her fund in 2022 and is quite excited about AI’s potential to revolutionize her work.
Smith shared that she’s amazed by what AI can help her accomplish. She believes early-stage investing is best handled solo, thanks to AI’s ability to speed up decision-making without needing committee approval.
Using AI has allowed her to support her founders more efficiently. For instance, she led a values articulation project for a startup, which took only a couple of hours thanks to AI — a process that previously would have taken much longer. She sees her AI-native approach as a way to scale her portfolio with just herself at the helm.
Her recent fund aims to back 50 companies, and she has already invested in 17 with average checks of $250,000. Major LPs include Pear VC, Ulu Ventures, and Verdis Investment Management. Her focus is mainly on startups within the Stanford ecosystem, a strategic choice backed by research indicating Stanford startups produce more unicorns and high exit value, emphasizing her regional focus.
Smith’s approach is rooted in leveraging her experience, network, and AI to make quick, impactful investments. She also believes solo VC can be more efficient, mentioning how AI accelerates her daily tasks and decision-making processes, allowing her to support her portfolio more effectively.
That’s the scoop on Sarah Smith’s innovative venture in AI-powered solo investing. Stay tuned for more tech and finance news!
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