{"id":13053,"date":"2025-07-16T01:55:05","date_gmt":"2025-07-16T01:55:05","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/13053\/"},"modified":"2025-07-16T01:55:05","modified_gmt":"2025-07-16T01:55:05","slug":"sarah-smith-launches-16m-fund-says-ai-can-unlock-so-much-for-solo-gps-like-herself","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/13053\/","title":{"rendered":"Sarah Smith launches $16M fund, says AI can &#8216;unlock&#8217; so much for solo GPs like herself"},"content":{"rendered":"<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Sarah Smith, founder and managing partner of the eponymous <a href=\"https:\/\/www.sarahsmith.fund\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Sarah Smith Fund<\/a>, announced Thursday the final closing of a $16 million Fund I.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Smith launched her fund in 2022 after spending seven years as an investor with Bain Capital Ventures and is a solo GP. She said she\u2019s \u201cstunned\u201d by what AI can unlock for firms like hers, solo and next generation. \u201cI can\u2019t imagine doing venture any other way now,\u201d she said. \u201cWhile I believe company building still requires a team effort, I believe early-stage investing is best done solo.\u201d<\/p>\n<p class=\"wp-block-paragraph\">She appreciates how she can make fast decisions that don\u2019t require committee approval. She\u2019s also taken to using AI to help her throughout this journey.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">\u201cEvery day I\u2019m dreaming of more ways to support my founders, combining my experience and network with AI,\u201d she said.<\/p>\n<p class=\"wp-block-paragraph\">\u201cFor example, just last week, I led a values articulation project for one of my founders,\u201d Smith continued. \u201cIt took me two to three hours of time when it previously would have taken 20. When you have an AI-native firm that can deliver 10x value in 1\/10 of the time, you can scale up a large portfolio with just one person.\u201d\u00a0<\/p>\n<p class=\"wp-block-paragraph\">She said she previously had a $3 million rolling fund and spent a year raising this Fund I. Fund I hopes to invest in 50 companies and has already backed 17, with the average check size standing at $250,000. Limited partners include Pear VC, Ulu Ventures, and Verdis Investment Management.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Fund I focuses mainly on startups in the Stanford ecosystem (Smith is an alumnus of the university). She has research there, too, to back up her focus.\u00a0<\/p>\n<p>\u201cIt has produced more unicorns and exit value than any other university in the world,\u201d she said, citing the <a href=\"https:\/\/www.patreon.com\/TheVentureMindset\/shop\/unicorn-report-466660?source=storefront\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">research done by Ilya Strebulaev<\/a> that shows that 11% of unicorn founders have an association with Stanford. \u201cWhile much of the legacy Sand Hill firms spend most of their time up in SF, 45 minutes north, I\u2019m doubling down on Stanford campus.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Sarah Smith, founder and managing partner of the eponymous Sarah Smith Fund, announced Thursday the final closing of&hellip;\n","protected":false},"author":2,"featured_media":13054,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[28,158,8701,11969],"class_list":["post-13053","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entrepreneurship","tag-business","tag-entrepreneurship","tag-funds","tag-vc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/13053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=13053"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/13053\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/13054"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=13053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=13053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=13053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}