The Money Behind Venture Capital: Limited Partners Explained [Video]

🎙 In this podcast, we interview David Zhao, Head of Investor Relations at Alchemist about:
0:00 Intro
10:50 WTH Are Emerging LPs?
27:18 Why it’s So Hard to Access Big Funds
38:00 Product Market Fit For Funds
47:00 Your Response Rate Can Win You Deals
50:26 Funds Can Pivot Too
55:42 What It Means to Be Specialized

👤Over a year ago, David wrote the Non Obvious Emerging LP Playbook which has become one of the best blog posts on the somewhat obscure world of Limited Partners, the money behind the Venture Capital industry.
David is currently the Head of Investor Relations at Alchemist, one of the top startup accelerator. Prior to that, David was an investor at Berkeley’s SkyDeck accelerator and led operations at On Deck Angels Fellowship. He also hosts a fabulous podcast called @Superclusters, focused on demystifying the world of Limited Partners.|