Partner @SapphirePrtnrs - the LP arm of @SapphireVC. Sharing the LP perspective via @Open_LP. Free time: hiking, cooking & watching 49ers/Giants/Warriors!
Congrats to Liu Jiang + team at @seedtosunflower on the close of Fund II!
In a tough market for 1st time managers, Liu built something exceptional & we’re proud to be among Sunflower’s early LPs.
We’re excited to support Sunflower’s mission to back technical founders from day zero—with discipline, clarity, & conviction. Onwards & upwards 🌻
📖 Read more: https://t.co/dI8HtgCwUq
🎙️🆕Grateful to join @alexabinns & @EarnestSweat on @AllocatorsPod!
We covered everything from evaluating emerging mngrs, navigating reserves, how @SapphirePrtnrs is supporting GPs through a complex market environment & the mission behind @Open_LP.
Thanks for having me on! 🙏
Is now the right time to start a venture fund? @LauraLPThompson says yes—if you lead with focus, data, & conviction.
🆕🎧 Laura joined @AllocatorsPod to share how @SapphirePrtnrs is approaching emerging managers, fund construction & reserve strategy in today’s market including:
📌 The realities of underwriting in today’s venture environment
📌 How Sapphire Partners balances emerging and established managers
📌 Characteristics of successful Fund I–III GPs
🎧 Listen to the episode: https://t.co/pUDHvEPLx1
#LPInsights #EmergingManagers #OpenLP #FundStrategy
What separates a great VC from a true franchise fund? I joined my colleague @Beezer232 to unpack this Q + her convo with Stephen Bluestein from Adams Street Partners on Origins.
🎧 Listen/subscribe wherever you get your podcasts below.
#VC#Origins#OpenLP
🆕🎙️ What makes a franchise fund in venture capital? It’s not just about a 5x or 10x “lights-out” fund. In today's Origins minisode, @Beezer232 & @lauralpthompson break down how the best firms earn (& keep) the right to win w the best founders. Here's what they uncovered:🧵
QSBS is a game-changer for LPs, GPs & founders. In my latest blog, I explain how it can save millions in taxes for emerging managers, leading to significant savings. 💡
#VC#QSBS
🧵💰Want in on the unspoken secret of making more money for GPs, LPs, and founders...
In a brand new blog, @LauraLPThompson, Partner at @SapphirePrtnrs, breaks down QSBS: a powerful, often overlooked tax incentive that can significantly boost after-tax returns👇
📣Emerging VC Managers: If you're in Bay Area - you don't want to miss this IRL early-stage #VC networking event next Thurs, 6/27 w @SapphirePrtnrs, @EquiamVC, @EYnews & @CalSTRS, hosted by NASP NorCal & @CitizensBank.
💫Space is limited - reserve your spot today!
https://t.co/0c7Mmk74Q3
Thank you, @jamescthorne, for including my perspective on the current fundraising environment and advantages of betting on emerging managers. 💪
Read more in @PitchBook below.
“Where can you get really good returns? It’s the smaller fund sizes and emerging managers.”
— @SapphirePrtnrs' @LauraLPThompson on whether LPs are missing out on potential upside by consistently choosing established fund managers over emerging ones in @PitchBook 👇
https://t.co/M4xkxR1i5x
#VC #Fundraising
We’re hiring an Associate to join our team of LPs at @SapphirePrtnrs in SF! 💫
Know someone fantastic w/ 1-3 yrs of relevant experience (LP backgrounds prioritized) in a financial analysis position at a fund investment firm, financial/VC firm, or a technology-focused corporate role? Encourage them to apply 👇
https://t.co/0eV3rLaEF5
#fundinvesting
We’re hiring an Associate & VP to join the @SapphirePrtnrs team in SF! 💫 Know of any aspiring LPs or one looking to make their next move?
🔗Please share and encourage them to apply here: https://t.co/3gW3LkJFU9
#VC#Hiring
Looking forward to joining this powerhouse group of women on stage at the Women's VC Summit next year! If you're interested in learning about LPs - what they like & don't - join us in Half Moon Bay on 2/8. Details 👇
Heading to Half Moon Bay in Feb for the Women’s VC Summit?
Hear from @LauraLPThompson, Partner at @SapphirePrtnrs, discussing LP relationship building & mgmt!
🗓 Thurs, Feb 8 | 12:25 PM - 1:00 PM PST
📋 Agenda: https://t.co/7xnLxmPGMO
🔗 Register: https://t.co/edY1vPDbwM
Emerging managers curious about how to stand out to LPs - next week I'll share the early signs of a successful fund manager that we look for at @SapphirePrtnrs + what we like to see in a pitch deck w/ @500GlobalVC's @bedy in the first LP Webinar Series hosted by @vcunlocked!
Don't miss the first LP Webinar Series hosted by @vcunlocked next week! Join @SapphirePrtnrs' @LauraLPThompson & @500GlobalVC's @bedy as they discuss how to stand out in the current climate & build relationships with #LPs.
🗓 Tuesday, December 12
🕘 11am -12pm PST
🔗https://t.co/4bernGPMx9
Woot woot! Today, we announced that @SapphirePrtnrs is launching a new program to invest in emerging venture managers with a sole LP, @CalSTRS, the world's largest educator-only pension fund! 💥 Read more👇
[1/6] Today, we announced Sapphire Partners is launching a new emerging venture managers investment program with a sole LP, @CalSTRS, the world's largest educator-only pension fund! 👏🧵
More about our perspective & what this means for emerging managers: https://t.co/nkrslb8xr7
We keep hearing about the #VC pacing slow down, but have seen less data on capital calls & any correlation. My colleague @EvanTarzian and I were curious, so we dug into our own emerging manager data.
Our findings below! 👇
New data on Capital Calls! ☎️
Everyone's talking about #VC pacing slow down, but we've seen less data around capital calls & how the past several quarters compare to ’20-‘21.
🧵@EvanTarzian & @LauraLPThompson dug into @SapphirePrtnrs’ early-stage mngr data & the findings are 🤯
When the market shifts like this, getting "back to the basics" means different things to different managers - but opportunity funds don't always fall in this category. Thanks for including me in your piece, Marina Temkin, CFA! Alwa…https://t.co/0CfNCAYx7k https://t.co/Qc4pu8oMmO
@abrams@LevanonAdi Good points @abrams and @rrhoover . We usually find it the most compelling when managers raise based on bottom-up fund construction, not how much they can raise. And yes, all about having good companies, identifying them & getting enough dollars into those to drive the fund size.
@shomikghosh21 We can chat and you are welcome to test it out next time you are in SF. I am replaying Mario and my husband is enjoying Mega Man at the moment.