Nick Chirls, GP at Asylum Ventures,  and Beezer Clarkson, LP at Sapphire Partners, unpack their recent conversation with Jai Das, President + Partner at Sapphire Ventures and Mike Maples, Co-Founder + Partner at Floodgate,  to answer their burning question: What changes in the way seed and growth investors think, and what stays the same? They discuss the crushing importance of team no matter the stage; the parallels in LP land (at the end of the day, you’re just backing people); the difference between small iterations on a business model vs a radical remaking of a company; and the imperfect information you get at Seed vs the luxury of canvasing an entire landscape at growth via customer calls and key metrics.  

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Learn more about Asylum Ventures: <a href="http://asylum.vc" rel="ugc noopener noreferrer" target="_blank">asylum.vc</a>
Learn more about Floodgate: <a href="https://www.floodgate.com/" rel="ugc noopener noreferrer" target="_blank">https://www.floodgate.com/</a>

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CHAPTERS:
0:00-Intro & Takeaways
1:20-Is This the Team That’s Going to IPO?
4:02-Early Stage Pivots
7:44-How Hard a Pivot is Too Hard?
12:23-LP Strategy for Picking Managers
13:09-The Importance of Timing
15:59-You Need to Call the Customers
18:05-Outro

Elizabeth Clarkson

Minisode: Seed vs Growth Investing - What Changes and What Stays the Same

Floodgate

Sapphire Ventures

Nick Chirls, GP at Asylum Ventures,  and Beezer Clarkson, LP at Sapphire Partners, unpack their recent conversation with Jai Das, President + Partner at Sapphire Ventures and Mike Maples, Co-Founder + Partner at Floodgate,  to answer their burning question: What changes in the way seed and growth investors think, and what stays the same? They [&hellip;]