Lightspeed has ~50 investors and a16z has almost 100... how do they divide up swim lanes / focus areas? I work for a small VC with less than 10 investors so don't have to deal with this and all operate as generalists. I know that these big VCs will have teams focused on consumer/enterprise/healthcare/etc. but even within those sectors, having 10+ investors sourcing per sector can get crowded.
How do they handle this? Are people "not allowed" to source deals outside of their narrow area? Or is it "whoever makes contact or whoever the founder likes most becomes the firms POC"? What happens if 1 partner passes on a Series A but another partner wants to look at the Series B?
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