This podcast episode explores the role of limited partners (LPs) in venture capital funding. The host interviews Beezer Clarkson, an LP from Sapphire Ventures, who shares insights into the LP side of the industry. The discussions cover topics such as the challenges faced by venture firms, the similarities and differences between LP and VC fundraising processes, the investment decision-making process for LPs, the importance of being product-centric for LPs, the branding efforts of LPs, and the creation of OpenLP to provide transparency and engage in discourse about LPs. Overall, this episode provides valuable insights into the world of LPs and their impact on venture capital.
