Superclusters - The Emerging LP Podcast

Eric Woo, co-founder and CEO of Revere, shares his insights on emotions, career transitions, storytelling, fundraising, engaging with LPs, measuring performance metrics, and achieving clarity of thought through data triangulation.

Beezer leads Sapphire Partners‘ investments in venture funds domestically and internationally. Beezer began her career in financial services over 20 years ago at Morgan Stanley in its global infrastructure group. Since, she has held various direct and indirect venture investment roles, as well as operational roles in software business development at Hewlett Packard. 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. Beezer earned a bachelor’s in government from Wesleyan University, where she served on the board of trustees and currently serves as an advisor to the Wesleyan Endowment Investment Committee. She is currently serving on the board of the NVCA and holds an MBA from Harvard Business School. You can find Beezer on her socials here: Twitter: https://twitter.com/beezer232 LinkedIn: https://www.linkedin.com/in/elizabethclarkson/ And huge thanks to this episode's sponsor, Alchemist Accelerator: https://alchemistaccelerator.com/superclusters OUTLINE: [00:00] Intro [02:57] Who was Beezer's first mentor? [06:57] How did Beezer get to work with the founder of eBay? [10:45] The strength of diverse backgrounds [14:11] How Hustle Fund convinced Foundry Group to invest in their fund [15:27] Why should another venture fund exist in this world? [19:41] What does proprietary "access" to deal flow mean? [23:53] Superpowers on the Sapphire Partners team [25:35] How does Sapphire resolve disagreements? [27:11] Why does entire Sapphire team meet with GPs? [28:18] A sneak peek into Sapphire investment process [33:34] What does Sapphire look for in a pitch deck? [34:58] The art and science behind Sapphire's own portfolio construction [43:37] How does Sapphire look at fund managers' portfolio construction? [47:50] Meaningful fund metrics in the first 5-7 years of a VC fund [52:44] How to think about recycling [56:15] What keeps Beezer humble? [58:22] What is an investment opportunity Beezer missed because what she didn't do? [1:04:03] Thank you to Alchemist Accelerator for sponsoring! [1:06:39] Legal Disclaimer Follow David Zhou for more Superclusters content: For podcast show notes: https://superclusters.co Follow David Zhou's blog: https://cupofzhou.com Follow Superclusters on Twitter: https://twitter.com/SuperclustersLP Follow Superclusters on Instagram: https://instagram.com/super.clusters

Chris Douvos, an experienced venture capitalist and founder of Ahoy Capital, discusses his journey in the venture capital industry. He shares lessons learned from industry experts, the importance of deal flow, and how to construct opinions on great venture capital firms. The podcast also touches on the dot com bust, the allure of California, and strategies for successful cold calls in the industry.