Plexo Capital founder says AI can give small venture firms team-scale leverage

Plexo Capital’s founding and managing partner says AI can help the firm handle non-investing work without building a large operations team. At GV, the partner had finance, legal, operations and marketing teams; running an independent firm put those responsibilities on their plate, while limited management-fee income could make a large team difficult to afford.

The partner recalled telling LPs in fall 2023, while looking at Anthropic, that AI doing the work of one junior analyst would be valuable. They now believe AI can do the work of a whole team. Deep-research tools can also help users investigate a technology and its market and get up to speed “10 times faster,” one assessment said, although the resulting writing may still contain “AI slop.”