Clarkson: Venture funds over $50M face trade-off between ownership and size
Beezer Clarkson · Beezer Clarkson: Are LPs Open for Business & Why Do LP Incentive Mechanisms Need to Change? | E1073 · 20VC with Harry Stebbings · Oct 18, 2023 · at 30:26
Beezer Clarkson is a partner at Sapphire Partners, an LP firm investing in venture funds. She discusses the fund economics required for VCs to drive outperformance.
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“I think we've yet to run the math and see a fund that's gone over fifty million that doesn't have to start having some trade-off between ownership and AUM.”
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