When Strut was founded in 2016, Kristen Ostro was chasing one problem she couldn't stop seeing: talented new fund managers building firms without a solid foundation. A decade later, we tell the story of how it all began.

Choosing a fund admin is actually much more like dating than typical VC vendor selection. You are picking someone you will live with for (at least) a few years, and the relationship will be tested in the moments that matter most.

AI has made finance and accounting dramatically more efficient, and most firms are seeing the gains. The harder question is what happens to the people who used to do that work.

The Strut team recently went to New York to host an intimate LP breakfast. We’re sharing the top three takeaways from the “Diligence Beyond the Checklist” LP panel that took place as part of the event.

The venture capital market heading into 2026 looks different from what it did a few years ago. Fundraising timelines have stretched, exits have slowed, and LPs have become more selective. The question now is which emerging dynamics will separate the firms that thrive from those that fall behind.

The difference between a successful close and a stalled raise often comes down to infrastructure. GPs who have invested in robust pipeline management systems are closing capital, while others struggle to gain traction. With established funds continuing to capture the lion's share of capital, emerging managers need every advantage they can get.