Josh Porter cites data and discusses the potential for higher returns from smaller, emerging fund managers, which is a key rationale for FirstLook's investment thesis.
Mark provides insights on realistic expectations for venture capital returns and the importance of managing these expectations with LPs.
The episode explores the factors that contribute to generating top-quartile and top-decile returns in the venture capital asset class.
The podcast episodes explore various aspects of venture capital returns, including the potential for compression of returns, the importance of holding onto winners for outsized returns, the role of fund structure and reserves, and the dynamics between limited partners (LPs) and general partners (GPs).
For example, episode 57746 discusses the potential impact of increasing liquidity on venture capital returns, while episode 13352 explores the factors that contribute to generating top-quartile and top-decile returns in the asset class.
Other episodes, such as 6804 and 5564, delve into the concerns about worsening venture capital returns and the potential strategies for maintaining competitive returns.