VC of One JournalTwo weeks of AI and venture news, read from a solo GP’s desk: sourcing, diligence, the portfolio and fund operations.https://vcofone.ai/A valuation vendor bought an AI agent team and kept people on the mark. Copy that split.https://vcofone.ai/journal/a-valuation-vendor-bought-an-ai-agent-team-and-kept-people-on-the-mark-copy-that/https://vcofone.ai/journal/a-valuation-vendor-bought-an-ai-agent-team-and-kept-people-on-the-mark-copy-that/73 Strings bought Callisto to put agents on data rooms and questionnaires, while people still set values. A prepare, check, decide split for a solo GP's week.Fri, 25 Sep 2026 00:00:00 GMTA $15M Fund II with one GP. Count the work before you count the checks.https://vcofone.ai/journal/one-partner-fund-ii-operating-load/https://vcofone.ai/journal/one-partner-fund-ii-operating-load/The Block reported that solo GP Jed Breed raised a $15 million second fund. What the terms tell a very small team about operating load, and what they leave out.Thu, 24 Sep 2026 00:00:00 GMTRetail funds now sell pre-IPO AI exposure. Draw your fund's layer map before an LP asks.https://vcofone.ai/journal/retail-pre-ipo-funds-layer-map/https://vcofone.ai/journal/retail-pre-ipo-funds-layer-map/Bloomberg reported on retail funds that claim access to private Anthropic and OpenAI shares, with fees and lockups. A worksheet for explaining your own structure.Thu, 24 Sep 2026 00:00:00 GMT