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

Jul 17, 2024

Jamie Rhode, a partner at Screen Door, champions diversity in venture capital while Matthew Mulvey from Liquid 2 highlights early-stage investments. They discuss the resurgence of distributed paid-in capital (DPI) in Silicon Valley, focusing on Sequoia's innovative strategies and liquidity options for limited partners. The conversation emphasizes the importance of empowering underdog founders from diverse backgrounds and the evolving trends in capital investment. Their insights reveal shifting dynamics in venture capital and the critical need for inclusive funding practices.

Ask episode

AI Snips

Chapters

Transcript

Episode notes

INSIGHT

DPI's Return and Sequoia's Role

DPI is returning to Silicon Valley after a pause due to economic conditions and regulatory changes.
Sequoia Capital's involvement in the Wiz acquisition and Stripe's share buyback marks a positive turn.

ANECDOTE

Wiz Acquisition Success

Wiz, acquired by Google, yielded Sequoia a 153x return in four years.
This quick, substantial return highlights venture capital's potential despite market fluctuations.

ADVICE

Consistent Vintage Year Exposure

Maintain consistent vintage year exposure in venture capital.
Unpredictable market timing makes it crucial to invest across various years to capture outlier successes like Wiz.

Get the Snipd Podcast app to discover more snips from this episode

Get the app