<p>Origins hosts Nick Chirls (GP, Asylum Ventures) and Beezer Clarkson (LP, LGT Capital Partners) unpack a recent conversation with David Clark, CIO of VenCap International PLC on megafunds vs small funds and a16z returns. They also discuss Beezer’s article “I See Dead VCs,” which explores how VC is in the first meaningful industry-wide contraction in modern venture history, risks to seed formation, and the workstreams required for emerging managers to institutionalize and endure.</p><p>For a monthly roundup of the latest venture insights, including the newest Origins episodes, subscribe to the OpenLP newsletter – delivered straight to your inbox:<a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbGhSaDBRQ1YzQUhqOWh3VEdoLWdkX0JEeERmUXxBQ3Jtc0ttUWNyOFNaRTAxVXVGeHlva0tJd1JUdXBXUjdYbWpZdldXazd2ZEtOdGp2bTdqWk5iamh5WXJHR2h4RHVUOGFYSEZNQmttSXFGd0hla21NSEs1eGJ2ZER2SUJZd1U0SXpzYVhUVlNwbHVfem9VZG1Iaw&q=https%3A%2F%2Fsubscribe.openlp.vc%2F&v=GVdDTu7QYY0"><u> </u></a><a href="https://subscribe.openlp.vc">https://subscribe.openlp.vc</a></p><p>CHAPTERS:</p><p>00:00 Welcome to Origins</p><p>00:33 David Episode Takeaways</p><p>02:01 I See Dead VCs Article</p><p>02:59 Venture Contraction Data</p><p>04:17 Fund Survival Math</p><p>05:47 Seed Ecosystem Risk</p><p>07:35 What Gets You to Fund Two</p><p>08:48 Building a Durable Firm</p><p>11:13 Traits of Long Run Managers</p><p>Learn more about OpenLP:<a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbVlDVWQ5eGpDcTNEQ0NIRDBlb1RsM3o5Q1ZuUXxBQ3Jtc0tuOTl3TWhIVGFGVXRkaUhhUHVDTWhISmxPbUtSblZ5cUZlTWlfbGt1SVNfRmVweXlOUms3QXJiZTFQNjgzbEtUU1dJMWNZMXR6R2ozWmJ1dDh4MmsyY0ttNmlVbV9uTUljY3YwWW1TOGJkNDVWeTZQaw&q=https%3A%2F%2Fopenlp.vc%2F&v=GVdDTu7QYY0"> https://openlp.vc</a></p><p>Learn more about Asylum Ventures:<a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqa0g5ejU3ak9HTkRnQTNzUVlIdUF0ak1MVXBSUXxBQ3Jtc0ttTFNoME8yWkhYUGlRNTVQeXJNWEs0RzdIZGppcnpoaXMtZHVlSkJvN0ZsbjBYdlN4dUJEYWJnQzZmQVF4Slg5T3hSWnhBWGJZOG1qbXNneW5mdUs2OFdWLVNlcG5FcTl6Wlo3MjRjay1WdFJkQWlLbw&q=https%3A%2F%2Fasylum.vc%2F&v=GVdDTu7QYY0"><u> </u></a><a href="https://asylum.vc">https://asylum.vc</a></p><p>Learn more about VenCap: <a href="https://www.vencap.com/"><u>https://www.vencap.com/</u></a></p><p>Read Beezer’s article “I See Dead VCs”: <a href="https://www.linkedin.com/pulse/i-see-dead-vcs-elizabeth-beezer-clarkson-uc4xc/"><u>https://www.linkedin.com/pulse/i-see-dead-vcs-elizabeth-beezer-clarkson-uc4xc/</u></a></p><p><br></p>