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

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Todays show:

David Weisburd hosts Jamie Rhode, Matthew Mulvey, and Jason Calacanis to discuss DPI coming to Silicon Valley (2:11), demographic data on the backgrounds of Unicorn founders (26:55), and trends for limited partners (36:10), and more!

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Timestamps:

(0:00) David Weisburd intros Jamie Rhode, Matthew Mulvey, and Jason Calacanis

(2:11) DPI, Wiz acquisition, and economic impacts on distributions

(5:48) Consistent vintage exposure and proactive DPI management strategies

(8:55) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist

(10:22) Sequoia's liquidity approach and LP needs in venture capital

(17:13) The role of emerging managers and secondary markets in VC

(25:44) AssemblyAI - Get 100 free hours to start building at https://www.assemblyai.com/twist

(26:55) Unicorn founder demographics and underdog success

(35:05) CommandBar. Visit https://commandbar.com/twist⁠ to get a custom live demo.

(36:10) LP preferences, the challenges for emerging managers, and democratizing venture investments

(50:54) The decline of first-time funds, motivations for fund creation, and innovations in fundraising

(51:56) Venture portfolio management with AI and technology adoption parallels

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Mentioned on the show:

https://www.axios.com/2024/07/15/sequoia-capital-stripe

https://techcrunch.com/2024/03/27/unicorn-founders

https://x.com/Samirkaji/status/1801351637895942243?utm_campaign=OpenLP+newsletter&utm_medium=email&_hsenc=p2ANqtz-8j6WSVjgGUZXegAo58QYJgSmqd90ozahWmHQWU0Qsnyk_KaXsIldVB7mrcruCafZe_JukeEs-r0fC78VCzJ0kOU7Ppog&_hsmi=313664446&utm_content=313664446&utm_source=hs_email&mx=2

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Follow Jamie:

LinkedIn: https://www.linkedin.com/in/jerrcfa

Check out: https://www.screendoor.co/

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Follow Matthew:

LinkedIn: https://www.linkedin.com/in/mattmulvey/

Check out: https://www.liquid2.vc/

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Follow David:

X: ⁠⁠https://twitter.com/DWeisburd⁠⁠

LinkedIn: ⁠⁠https://www.linkedin.com/in/dweisburd⁠⁠

Check out: ⁠⁠https://10xcapital.com

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Follow Jason:

X: https://twitter.com/Jason

LinkedIn: https://www.linkedin.com/in/jasoncalacanis

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Thank you to our partners:

(8:55) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist

(25:44) AssemblyAI - Get 100 free hours to start building at https://www.assemblyai.com/twist

(35:05) CommandBar. Visit https://commandbar.com/twist to get a custom live demo.

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Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

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Check out Jason’s suite of newsletters: https://substack.com/@calacanis

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