The Next Big Thing

Nikhil Trivedi on the structure of the venture industry — partnerships versus solo capitalists, agglomerators versus specialists, and what counts as a moat for a fund. Quoting LP Craig Thomas: “brand is arguably the only thing that resembles a moat in traditional venture.”

This is the newsletter, not one issue. The Roam page held several issues stacked together; each has been split into its own long-read so it carries its own date, URL and notes, which is what makes them findable. This page is the index.

Issues captured

• Why I Use Roam Research Daily — 2021-02-11
• Venture Partnerships vs. Solo Capitalists — 2020-12-03
• Agglomerators vs. Specialists — 2020-09-14
• The Rise of the Solo Capitalists — 2020-09-14