Families are partnering directly to invest together, pooling complementary skills like robotics expertise and capital while skipping traditional venture fees. Shared family values drive these equal partnerships, which aim to involve the next generation in joint projects.
A lot of the really interesting deals are happening family to family. So they're co-investing as equals. There may not be a GPLP strategy, so nobody's paying fees to anybody. Everybody's putting in their money and working together. And oftentimes you'll see, say, one family that is expert in robotics and another family that has a lot of cash and doesn't know anything about robotics getting together because they share a lot of the same family values and they actually want to have their kids work together on projects in the future.
