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Adeo Ressi and Sarah Lacy call BS on the shrinking emerging manager narrative

From TechCrunch

By Maggie Nye

September 3, 2025

Adeo Ressi and Sarah Lacy call BS on the shrinking emerging manager narrative

Adeo Ressi and Sarah Lacy call BS on the shrinking emerging manager narrative

This week on StrictlyVC Download, TechCrunch EIC Connie Loizos and StrictlyVC’s Alex Gove sit down with Adeo Ressi, founder of Decile Group, and Sarah Lacy, a former TechCrunch journalist turned entrepreneur, to explore how one of Ressi’s newest projects, VC Lab, has quietly launched over 800 venture funds worldwide, averaging $12 million each.

In fact, while traditional media focuses on emerging manager struggles, the four talk about why small checks are becoming strategically advantageous in over-subscribed rounds, how accomplished professionals are locked out of traditional VC despite having unicorn angel track records, and Lacy’s theory that diverse manager networks are unlocking untapped LP pools.

Plus, they talk about Lacy’s path from Palm Springs bookstore owner back to Silicon Valley ecosystem building, whether this micro-fund renaissance can actually achieve 50/50 gender parity in venture capital, and what Ressi, Elon Musk’s former roommate, thinks about Musk’s time this year in the federal government.

StrictlyVC Download posts every Tuesday. Subscribe on Apple, Spotify, or wherever you listen to podcasts to be alerted when new episodes drop.

View original article on techcrunch.com

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