Everything on VC Operations

The generalist VC model cannot scale with modern AUM levels, necessitating a shift to specialized platforms. This structural change allows for deeper expertise and more efficient decision-making, moving away from consensus-based investing.

Impact: Specialized firms can achieve better market coverage and investment outcomes, reducing the risk of missing high-potential opportunities due to lack of focus.

— from A16Z Strategy: AI Infrastructure, Media, and Talent Wars · AI + a16z· Mar 03, 2026