Clarkson: The list of elite VC managers with unconditional LP backing is shrinking
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 48:47
Beezer Clarkson of Sapphire Partners explains how LPs are becoming more selective about which venture capital managers they re-up with during tight liquidity environments.
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“There are always going to be some managers that have that kind of LP pull that people will just keep working with. But I think that list is getting smaller, and I think the names are switching around.”
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