This Week in Startups

Top 5 VC funds raise big $, venture capital DPI is back, and Sequoia’s offer to LP’s | E1981

Jul 17, 2024

01:01:01

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Discussing DPI's resurgence in VC, Sequoia's liquidity offers, and emerging manager roles. Insights on Unicorn founder demographics and LP investment trends. Emphasizing diversity in VC leadership, innovation in technology investments, and the importance of early-stage funding for startups.

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Balancing sophistication levels by including non-accredited investors in VC funds

Strategic approach of repurchasing shares to boost DPI for Limited Partners

Supporting underdog founders and consistent vintage year exposure in venture funding

Deep dives

Innovative Investment Approach for Fund Accreditation

Supporting the idea that a percentage of the fund should include non-accredited investors alongside institutional capital, the podcast explores a novel approach that advocates for 50% of the fund to be available for non-accredited investors. This approach aims to balance the sophistication levels within the fund, allowing room for unsophisticated investors to co-invest with those who are already affluent.

Intro

2min

Resurgence of Distributed Paid-in Capital and Innovative Strategies in Venture Capital

7min

Sequoia's Offer to LPs with Legacy Funds and Potential Stripe Share Sale

5min

Navigating Venture Capital Strategies and Liquidity Events

12min

Venture Capital Investment Strategies, Voice Data Growth, and Unicorn Founder Study

2min

Backing Diverse Founders in Venture Capital

6min

The significance of diversity in venture capital and the evolution of leadership qualities in tech industry

3min

Trends in Limited Partner Investments in VC Funds

13min

Innovations in Venture Capital and Technology

12min

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Todays show:

David Weisburd hosts Jamie Rhode, Matthew Mulvey, and Jason Calacanis to discuss DPI coming to Silicon Valley (2:11), demographic data on the backgrounds of Unicorn founders (26:55), and trends for limited partners (36:10), and more!

Timestamps:

(0:00) David Weisburd intros Jamie Rhode, Matthew Mulvey, and Jason Calacanis

(2:11) DPI, Wiz acquisition, and economic impacts on distributions

(5:48) Consistent vintage exposure and proactive DPI management strategies

(8:55) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist

(10:22) Sequoia's liquidity approach and LP needs in venture capital

(17:13) The role of emerging managers and secondary markets in VC

(25:44) AssemblyAI - Get 100 free hours to start building at https://www.assemblyai.com/twist

(26:55) Unicorn founder demographics and underdog success

(35:05) CommandBar. Visit https://commandbar.com/twist⁠ to get a custom live demo.

(36:10) LP preferences, the challenges for emerging managers, and democratizing venture investments

(50:54) The decline of first-time funds, motivations for fund creation, and innovations in fundraising