Families in venture capital (Pelucco 2026) | FT50 SMJ

English Podcast Starts at 00:00:00Bengali Podcast Starts at 00:51:35Hindi Podcast Starts at 01:18:32Danish Podcast Starts at 01:38:01ReferencePelucco, V. (2026). Families in venture capital. Strategic Management Journal, 1–26. https://doi.org/10.1002/smj.70082‌Youtube Channel⁠https://www.youtube.com/@weekendresearcher⁠Podcast Websitehttps://mayukhmukhopadhyay.com/reviseandresubmit🎙️ Welcome to Revise and Resubmit, the podcast where serious research meets the human questions hiding underneath it.Today, we turn to a world that often gets described in the language of capital, speed, and disruption, but underneath all that sharp tailoring and term-sheet logic, there is something older at work, something intimate, something almost ancestral. 💼🏠✨ What happens when venture capital is not just managed by professionals, but by families? What changes when money does not arrive as a cold instrument, but as an extension of memory, proximity, reputation, and kinship?In a fascinating new paper, “Families in Venture Capital,” Valerio Pelucco takes us into that question with elegance and precision. Published online on 30 March 2026 in the Strategic Management Journal, and published by John Wiley & Sons Ltd., this study appears in one of the most prestigious academic outlets in management research, a journal that belongs to the FT50 list. 📚🏆 That matters, because FT50 journals are where ideas do not merely circulate, they shape conversations, careers, and whole fields of inquiry.And what Pelucco shows is quietly profound. Family-managed venture capital funds, or Family VCs, do not simply invest like everyone else with a slightly different surname on the door. They seem drawn toward the local, toward startups that are geographically close, toward syndicate partners from familiar communities. 🌍🤝📍 The pull grows stronger when the fund carries the family name and when the family itself is deeply involved in decision-making.Now that can sound comforting, even admirable. Families may know their local terrain better. They may have richer networks, deeper trust, sharper intuition. That is the rational story. But there is another story too, one that feels more human because it is less flattering. Sometimes we choose what is near not because it is better, but because it feels safer, warmer, more ours. ❤️🧭 Pelucco suggests that Family VCs may be shaped by both superior local knowledge and home bias, and that this bias becomes even more visible when performance pressure eases.So this is not just a paper about venture capital. It is a paper about how families carry their habits into institutions, how identity sneaks into finance, and how even in markets built on the promise of objectivity, people still lean toward what feels familiar. 🔍👨‍👩‍👧‍👦💡If that kind of research excites you, subscribe to Revise and Resubmit on Spotify, and follow Weekend Researcher on YouTube. 🎧📺 You can also find the show on Amazon Prime and Apple Podcast. Hit subscribe, stay curious, and keep listening for the ideas that change how we see organizations and ourselves.Heartfelt thanks to Valerio Pelucco, and to John Wiley & Sons Ltd. for publishing this important work in the Strategic Management Journal, one of the field’s truly prestigious FT50 journals. 🙏📖When family enters venture capital, does it make investing wiser because it is rooted, or narrower because it cannot stop loving what is close?