The latest perspectives from OpenLP, a resource for the venture community to hear from a diverse group of LP and GP voices.
LP & GP Voices
Small VC Funds vs. Large VC Funds by the Numbers
By Samir Kaji
Samir Kaji, CEO and Co-Founder at Allocate, analyzes performance data differences between small and large VC funds, revealing that small funds (0-100MM) can certainly outperform when successful but come with a much higher level of volatility.
Reflecting on PitchBook's Q1 2024 US VC Valuations Report
By Kaidi Gao
As the VC market has turned the most investor friendly in over a decade, what's been happening with deal terms? What are some implications of the elevated proportion of down rounds?
Jared Hecht, Venture Partner at Union Square Ventures, shares key elements founders pitching GPs and VC managers pitching LPs should always get across with or without a deck.
Melinda Gates’ Pivotal Ventures on Investing in VC - Erin Harkless Moore
By David Weisburd
Erin Harkless Moore, Senior Director at Pivotal Ventures, sits down with David Weisburd, Host of the 10X Capital Podcast, to discuss Pivotal Ventures’ $1B mission to drive equality and returns, how Pivotal works to close the gender gap, ways to manage teams more thoughtfully and more.
Phin Barnes, Co-Founder at the General Partnership, shares that 14,000 private fund managers are currently seeking over $3T, while LPs are willing to allocate less than $1T, resulting in many disappointed GPs.
Curious how VCs are managing "zombie companies?" David Teten, Venture Partner at Coolwater Capital, shares his insights and highlights three key indicators to assess a startup's potential for a turnaround
The Three Body Problem of Venture Capital w/ Frank Rotman (CIO, QED Investors)
By Nick Chirls & Beezer Clarkson
Nick and Beezer sit down with Frank Rotman, founding partner and CIO at QED Investors, to talk about his early days as the chief credit officer of Capital One, the fundamental flaw in the way founders and investors have been funding startups, how VCs can avoid being left in the exhaust of larger firms and more.
Beezer Clarkson, Partner at Sapphire Partners, joins AHOY Capital’s Chris Douvos on the latest Superclusters podcast for a special jeopardy edition. They discuss the nuances of concentrated vs diversified portfolios and much more with host David Zhou of Alchemist Accelerator.
Are the LPs who consistently favor the established missing out on opportunities for great returns? Laura Thompson, Partner at Sapphire Partners, shares her LP perspective with PitchBook on the advantages of backing the up-and-coming GPs.
How Venture Investors and LPs Are Adjusting Their Scrutiny of Potential Investments
By Brian Gormley
Beezer shares her perspective with The Wall Street Journal on how LPs have refined their focus to dive deeper into portfolio performance beyond just top-line numbers in the current fundraising market.
As many emerging managers are scraping to get to their funds off the ground, allocators can demand more favorable terms—and ramp up the upside potential of venture by joining the cap table of their favorite startups.
AI Is Driving ‘the Next Industrial Revolution.’ Wall Street Is Cashing In
By Charley Grant
Demand for artificial intelligence is still booming, a year after the phenomenon first took Wall Street by storm. Far beyond the tech sector, investors are finding winners in old-school pick-and-shovel stocks.
TIME Magazine peeled back the layers of Silicon Valley's mythology, revealing a complex set of principles and mechanisms marked by rigorous review, careful management of risks and a hard-nosed readiness to say no.
Launched in 2012, Sapphire Partners is a Limited Partner seeking to invest in elite early-stage venture capital funds, across the U.S., Europe, and Israel.
Not a subscriber to the OpenLP monthly newsletter?
.png?upscale=true&width=1200&upscale=true&name=Demystifying%20the%20LP%20Perspective%20(2).png)
.png?upscale=true&height=50&upscale=true&name=Nov%20OpenLP%20Newsletter%20Images%20(2).png){kind=small}