Minisode: Franchise Funds: Grading Performance

Origins - Inside Venture Capital, Hosted by a GP and an LP

sapphireventures.com/blog/dirty-secret-venture-reserves-are-not-always-a-good-thing/

18:09

HR is no longer just about managing people—it’s about shaping the future of work. Jens Baier, BCG’s HR transformation expert, discusses how AI and shifting employee expectations are forcing companies to rethink talent strategies. From re-recruiting to upskilling employees, HR must adapt to a rapidly changing landscape. Learn More: Jens Baier: https://on.bcg.com/41ca7Gv BCG on People Strategy: https://on.bcg.com/3QtAjro Decoding Global Talent: https://on.bcg.com/4gUC4IT…

acum un an 22:36

MP3•Pagina episodului

Learn more about Sapphire Partners: sapphireventures.com/sapphire-partners

Learn more about OpenLP: openlp.vc

Learn more about Asylum Ventures: asylum.vc

Learn more about Top Tier Capital Partners: ttcp.com

Read Laura Thompson’s blog on why venture reserves aren’t always a good thing:

Read Laura Thompson’s blog on fund recycling:

sapphireventures.com/blog/fund-recycling-moves-the-needle-for-both-lps-and-gps-heres-how/

Read Laura Thompson’s blog on QSBS:

sapphireventures.com/blog/how-lps-gps-and-founders-can-leverage-qsbs-to-make-more-money/

Subscribe to the OpenLP newsletter for a monthly roundup of the latest venture insights, including the newest Origins episodes, delivered straight to your inbox.

CHAPTERS:

(0:00) - Intro

(1:08) - Jessica Takes It In a Different Direction

(3:41) - Communicating with your LP base (So There Aren’t Surprises)

(7:15) - Franchise Funds Are Intentional

(9:44) - Getting to 1x DPI in Nine Years

(15:55) - 2x is the new 3x

(19:43) - Giving Funds Letter Grades

96 episoade

#Trading #Business #Notation #Investing #Limitedpartners #Technology #Venturecapital #Notationcapital #Venture #Startup #Original

Origins - Inside Venture Capital, Hosted by a GP and an LP

Minisode: Franchise Funds: Grading Performance

Origins - Inside Venture Capital, Hosted by a GP and an LP

402 subscribers

published acum un an

Distribuie

MP3•Pagina episodului

Learn more about Sapphire Partners: sapphireventures.com/sapphire-partners

Learn more about OpenLP: openlp.vc

Learn more about Asylum Ventures: asylum.vc

Learn more about Top Tier Capital Partners: ttcp.com

Read Laura Thompson’s blog on why venture reserves aren’t always a good thing:

sapphireventures.com/blog/dirty-secret-venture-reserves-are-not-always-a-good-thing/

Read Laura Thompson’s blog on fund recycling:

sapphireventures.com/blog/fund-recycling-moves-the-needle-for-both-lps-and-gps-heres-how/

Read Laura Thompson’s blog on QSBS:

sapphireventures.com/blog/how-lps-gps-and-founders-can-leverage-qsbs-to-make-more-money/

Subscribe to the OpenLP newsletter for a monthly roundup of the latest venture insights, including the newest Origins episodes, delivered straight to your inbox.

CHAPTERS:

(0:00) - Intro

(1:08) - Jessica Takes It In a Different Direction

(3:41) - Communicating with your LP base (So There Aren’t Surprises)

(7:15) - Franchise Funds Are Intentional

(9:44) - Getting to 1x DPI in Nine Years

(15:55) - 2x is the new 3x

(19:43) - Giving Funds Letter Grades

96 episoade

#Trading #Business #Notation #Investing #Limitedpartners #Technology #Venturecapital #Notationcapital #Venture #Startup #Original

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Jessica Archibald is a GP and member of the Investment Committee at Top Tier Capital Partners, where she is co lead of the funds team and participates extensively in the capital formation efforts of the firm. She and Beezer Clarkson, LP at Sapphire Partners, sit down for the next episode in this miniseries on franchise funds - what it takes to build one, and how some firms lose their franchise status. Jessica digs into Top Tier’s numbers to discuss the importance of getting reliable DPI in a set timeframe, why it’s often better to bet on consistent 3x or even 1x returns, and the importance of succession in building a franchise fund. Learn more about Sapphire Partners: sapphireventures.com/sapphire-partners Learn more about OpenLP: openlp.vc Learn more about Asylum Ventures: asylum.vc Learn more about Top Tier Capital Partners: ttcp.com Subscribe to the OpenLP newsletter for a monthly roundup of the latest venture insights, including the newest Origins episodes, delivered straight to your inbox. CHAPTERS: 0:00 Welcome to Origins 2:10 Jessica’s Time with Top Tier 4:08 Fund Graduation Rates 8:43 Who is a Franchise Fund Today? 13:21 ”Is There a DPI Number Somebody Has to Hit to Be Considered Extraordinary?” 17:10 Can You Become a Franchise Fund By Doing Secondaries? 25:08 The Range of Strategies in Franchise Funds 31:32 Maintaining Franchise Status 35:33 What Do Founders Want? 39:42 ”Are You a Franchise Fund If You Haven’t Had Some Level of Succession?” 48:02 End of Year Guidance For New Venture Funds…

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