Probably, if I created a venture fund, I would create a…
“Probably, if I created a venture fund, I would create a firm with virtual services not too different from the a16z model, but without employing people. So I would get CPOs, engineering talent, marketing people who wanted to be involved with the venture fund and provide services.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
A venture fund could operate like a service firm, hiring specialists as partners rather than employees, reducing overhead and aligning incentives.
In simple terms: A fund can run as a virtual service firm with partner specialists.
Leverage partner expertise, avoid traditional staffing.
Themes
Mood
Type
When to use this quote
- startup incubators
- consulting firms
- remote talent pools
- venture capital
- business development
Key Concepts
Questions to Reflect On
- How would you ensure quality and accountability without employees?
- What incentives keep partners aligned with fund goals?
May limit control over day‑to‑day operations and culture.