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.

In Today's Episode You Will Learn:

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?

As always you can follow The Twenty Minute VC, Harry and Beezer on Twitter here!

The thoughts, comments and opinions in this podcast do not represent investment advice and do not necessarily reflect the views of Sapphire Ventures.

Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC.

Eight is a sleep innovation company. With their latest product, the Eight Smart Mattress, being a bed that literally tells you how well you slept last night, paired with an intelligent sensor cover that measures the quality of your sleep and delivers a daily sleep report. In order to bring you the best product, Eight used anonymized sleep data and feedback from over 10,000 people, to understand which materials and types of mattresses give customers the best sleep resulting in their unique blend of four responsive and high-density foam layers plus one layer of proprietary technology that helps people track and improve their sleep. You can check it out on Eightsleep.com – and if you use the code 20VC you will get a whopping 20% discount!

FullContact provides the ability to organize your contacts, gain rich insights into them and therefore build deep relationships. With features like automatically identifying and merging duplicate contacts to the ability to snap a photo of a business card and FullContact will transcribe them for you, so no more lost and loose business cards at events. It is with these features just being the tip of the iceberg, FullContact really is the best all in one solution for contact management and you can check them out on fullcontact.com.