The best emerging VCs are highly technical, according to Plexo Capital MP @​Lo Toney: “The thing that I really have noticed is that the GPs that are just getting started in their career — the best GPs are much more technical. Even within the last 10 years, I think that’s the biggest evolution that I’ve seen.” “When you look at the GPs that we see today with the smaller funds, these are folks that are coming in with a very unique perspective. And the edge, I think, translates directly from their technical understanding of a problem they had to tackle within one of these technology companies.” “What that does is it opens their eyes to this really unique set of problems that they know can’t be solved, but they understand the technical limitations of the current solutions as to why those problems can’t be solved.” “They kind of have somewhat of an idea about the perspective of, ‘Hey, this is how I think this problem could be solved. But maybe there’s one aspect that’s missing. Maybe it’s the compute horsepower, or maybe there’s a certain problem that hasn’t been solved on an architecture side. There’s something that’s just missing.’” “They know what to look for, and then when they see it, they can pounce on it immediately.” ▻