20VC: Explosion of First Time Funds, Only 1 Mega Fund Raised: What The Heck Happened in Q1 Venture Markets with Beezer Clarkson, Managing Director @ Sapphire Ventures
Beezer Clarkson is Managing Director @ Sapphire Ventures where she leads Sapphire’s investments in venture funds domestically and internationally. Prior to joining Sapphire, Beezer managed day-to-day operations @ DFJ’s Global Network, which had $7 billion under management across 16 venture funds worldwide. She has also spent time at Omidyar Network created by Ebay founder, Pierre Omdiyar, Hewlett Packard and Morgan Stanley. Beezer also founded OpenLP.com, an effort to help foster greater understanding in the entrepreneur-to-LP tech ecosystem.
1.) How did Beezer make her way into the world of limited partners?
2.) How has the venture industry performed as a whole for Q1 2017 both in funds raised and $ invested? How does this compare to previous years?
3.) How is the 1st time fund manager ecosystem developing? Is it fair to say that first-time funds and micro funds are now an established part of LP portfolios? To what extent does shortening fund cycles concern Beezer?
4.) What other areas of the market have we seen explosive growth in? Why was the # of $100-$250m down last year? Why is it different this year?
5.) How does Beezer analyze the recent activity in the public markets? How does this liquidity affect the fundraising market for both startups and GPs? Will we see a return to bubble like times?
The thoughts, comments and opinions in this podcast do not represent investment advice and do not necessarily reflect the views of Sapphire Ventures.
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