How Lo Toney built Plexo Capital into a venture power broker
Billionaires Africa | 09.04.2026 03:40
Laurence "Lo" Toney has built one of the most consequential platforms in venture capital for backing the next generation of fund managers, turning an unconventional operator-to-investor career into a quietly powerful position at the intersection of Silicon Valley capital and a more diverse roster of emerging general partners. As founding managing partner of Plexo Capital, the institutional investment firm he incubated and spun out of GV, the venture arm of Google parent Alphabet, Toney has spent nearly a decade proving that disciplined capital deployed into seed-stage funds led by women and investors from underrepresented backgrounds can generate institutional returns while widening the pipeline of who gets to write the first check.