On this episode of Origins, we sit down with Beezer Clarkson of Sapphire Partners to discuss the current state of the VC and LP markets, given recent dislocations. We cover what Beezer is seeing on the ground, where we might be in the current cycle / downturn, how VCs can respond both strategically and tactically, as well as her outlook for what's to come. Beezer leads Sapphire Partners‘ investments in venture funds domestically and internationally. Prior to joining Sapphire in 2012, Beezer managed the day-to-day operations of the Draper Fisher Jurvetson Global Network, which then had $7 billion under management across 16 venture funds worldwide. In 2016, Beezer led the launch of OpenLP, an effort to help foster greater understanding in the entrepreneur-to-LP tech ecosystem.