Superclusters - The Emerging LP Podcast
Episodes
Peter Walker as You've Never Seen Him Before | Peter Walker | Superclusters | S6PSE3
29 Dec 2025
Contributed by Lukas
“You’re making decisions in an incomplete vacuum. What I think many people should do more of, in terms of those mental models, is frame it in the ...
The Most Disappointing Podcast You'll Ever Listen To (ft. Allie Garfinkle)
22 Dec 2025
Contributed by Lukas
Warning: This is a brief-ish, but hopefully entertaining intermission from the usual Superclusters programming.When we passed the 50th episode mark mo...
Timeless VS Just-In-Time Lessons | Earnest Sweat & Alexa Binns | Superclusters | S6PSE1
15 Dec 2025
Contributed by Lukas
The holiday season has always been a great time to celebrate the movers and shakers in our world. This season we're celebrating my personal favori...
When Do You Know If You've Grown Up as a VC? | El Pack w/ Ben Choi | Superclusters
08 Dec 2025
Contributed by Lukas
Ben Choi from Next Legacy joins David on El Pack to answer your questions on how to build a venture capital fund. We bring on 3 GPs at VC funds to ask...
"Venture Should Play More Like Moneyball" | Carson Monson | Superclusters | S6E9
24 Nov 2025
Contributed by Lukas
"The limiting downside is actually something a lot of emerging managers don’t think about. If you can turn all of your portfolio companies that...
Can Your Check Size Win You Board-Level Transparency? | Apurva Mehta | Superclusters | S6E8
17 Nov 2025
Contributed by Lukas
“A manager doesn’t generally fit into their ultimate quartile until Year 6.”Apurva Mehta is the co-founding Managing Partner of Summit Peak Inve...
What does GP-Friendly ACTUALLY Mean? | Caroline Toch Docal | Superclusters | S6E7
10 Nov 2025
Contributed by Lukas
“It’s a mathematical reality that the highest performing GPs in this part of the market often also have the highest kill rates, which means some t...
Where Does Intuition Come From? | Yiwen Li | Superclusters | S6E6
03 Nov 2025
Contributed by Lukas
“The intuition part comes from activities of creativity that change your perspective.” — Yiwen LiYiwen Li is a seasoned investor with a successf...
$80M vs $800M vs $8B Endowment | Trish Spurlin | Superclusters | S6E5
26 Oct 2025
Contributed by Lukas
“Once you hit a billion dollars, you should probably consider some sort of internal team. Just to mitigate risk. There’s audit risk involved when ...
The Seneca of Investing | Jacob Miller | Superclusters | S6E4
20 Oct 2025
Contributed by Lukas
“There’s this thing called alpha, which is returns driven by skill not market return. And when you start to think about what does that mean, skill...
Helpful is a 10-Letter Word | Eric Sippel | Superclusters | S6E3
13 Oct 2025
Contributed by Lukas
“I hate checklists. I like outlines. I don’t like checklists. A checklist says ‘I have to have this, and then I’m good. An outline is ‘This ...
The Most Frequent VS Most Important LP Conversations | El Pack w/ Adam Marchick | Superclusters
06 Oct 2025
Contributed by Lukas
Adam Marchick from Akkadian Ventures joins David on El Pack to answer your questions on how to build a venture capital fund. We bring on 3 GPs at VC f...
NO Diligence is Ever Enough | Anurag Chandra | Superclusters | S6E2
29 Sep 2025
Contributed by Lukas
“There are a thousand ways to put lipstick on the pig and there are a thousand skeletons [in the closet]. I’ve only seen five or six because I’v...
How to Not Get Fired When Changing Your VC Strategy | El Pack w/ Beezer Clarkson | Superclusters
22 Sep 2025
Contributed by Lukas
Beezer Clarkson from Sapphire Partners joins David on El Pack to answer your questions on how to build a venture capital fund. We bring on four GPs at...
How to Read Investors Like a Book | Thorsten Claus | Superclusters | S6E1
15 Sep 2025
Contributed by Lukas
“You need to make space for weird types of conversations to happen on the fringes that really inform you what’s going on at the frontier.” — T...
How to Increase Dialogue with your LPs | El Pack w/ Kelli Fontaine | Superclusters
11 Aug 2025
Contributed by Lukas
Kelli Fontaine from Cendana Capital joins David on El Pack to answer your questions on how to build a venture capital fund. We bring on three GPs at V...
81% of America is Underfunded | Vijen Patel & Grady Buchanan | Superclusters | S5PSE1
04 Aug 2025
Contributed by Lukas
“19% of our GDP attracts about 55% of capital inflows, aka venture activity, and 81% is underinvested.” – Vijen PatelVijen Patel is an entrepren...
How Many Exceptions Are Too Many? | El Pack w/ John Felix | Superclusters
28 Jul 2025
Contributed by Lukas
Pattern Ventures' John Felix joins David on El Pack to answer your questions on how to build a venture capital fund. We bring on three GPs at VC f...
Uncompensated Risks in VC | Wendy Li | Superclusters | S5E12
21 Jul 2025
Contributed by Lukas
“It’s not the probability; it’s the consequence. It’s not the probability when something goes wrong. It’s the consequence when it goes wrong...
The Inside Peek Into How Family Offices Gather | Samira Salman | Superclusters | S5E11
14 Jul 2025
Contributed by Lukas
“The very first thing everybody has to do is give themselves permission to lean into what they are interested in and what does it for them and what ...
Should VCs Scale? | El Pack w/ Screendoor | Superclusters
07 Jul 2025
Contributed by Lukas
The entire Screendoor team joins David on El Pack to answer your questions on how to build a venture capital fund. We bring on three GPs at VC funds t...
Venture Capital is DEAD! | El Pack w/ Chris Douvos | Superclusters
30 Jun 2025
Contributed by Lukas
Ahoy Capital's founder, Chris Douvos, joins David on El Pack to answer your questions on how to build a venture capital fund. We bring on three GPs at...
We Need Mega Cap VC Funds | Nicky Sugarman | Superclusters | S5E10
23 Jun 2025
Contributed by Lukas
“All these sorts of things that are quite frankly boring, monotonous, tedious, unglamorous, or not sexy, they are the sorts of things that can make ...
22 Years in Venture Secondaries | Abe Finkelstein | Superclusters | S5E9
16 Jun 2025
Contributed by Lukas
“Buying junk at a discount is still junk.” – Abe FinkelsteinAbe Finkelstein, Managing Partner at Vintage, has been leading fund, secondary, and ...
Inside the 100-Year Family Office | Josh Kanter | Superclusters | S5E8
09 Jun 2025
Contributed by Lukas
“The more you can create that context in the family owner's manual, the more important it is and the more it is NOT the ‘in-case-of-emergency’...
THE Most Entrepreneurial LP Out There | Narayan Chowdhury | Superclusters | S5E7
02 Jun 2025
Contributed by Lukas
“This is one of the big issues of a bunch of data work on venture is insights from some periods don’t mean anything or are not translatable to pre...
How to Bet on the Underdog | Matt Curtolo | Superclusters | S5E6
26 May 2025
Contributed by Lukas
“The bigger you get, the more established you get, the more underwriting emphasis goes into how this team operates as a structure rather than is the...
You're Looking at Networks Wrong | Albert Azout | Superclusters | S5E5
19 May 2025
Contributed by Lukas
“Networks are more persistent than performance.” – Albert AzoutAlbert Azout is the Co-Founder and Managing Partner of Level VC, a technology inv...
When an Olympic Daydreamer Becomes an LP Whisperer | Asher Siddiqui | Superclusters | S5E4
12 May 2025
Contributed by Lukas
"What I hear from LPs is that the market is important. And of course, the market IS important. And I think that that’s true. But if you truly b...
Why Individuals Can Be Better than Teams | Sean Warrington | Superclusters | S5E3
05 May 2025
Contributed by Lukas
“Some of the best investments, as we look back in history, were never obvious at the moment the investments were made. You may not have to be contra...
You're Doing Diligence Wrong | Raviv Sapir | Superclusters | S5E2
28 Apr 2025
Contributed by Lukas
“Most [references] will not give a negative reference about someone, but you will have to understand and listen between the lines. What is a good or...
How to Start a Single Family Office | Scott Saslow | Superclusters | S5E1
21 Apr 2025
Contributed by Lukas
“A lot of family office principals, unless they’ve worked in finance – they should not be solely making the decision on which RIA to hire.” –...
Talent Networks are your Greatest Asset | Adam Marchick | Superclusters | S4E9
13 Jan 2025
Contributed by Lukas
“When investing in funds, you are investing in a blind pool of human potential.” – Adam Marchick Over the past twenty years, Adam Marchick has h...
The Dao of Investing in VC Funds | Jay Rongjie Wang | Superclusters | S4E8
06 Jan 2025
Contributed by Lukas
“The first layer is setting up your own strategy. The second layer is portfolio construction. How do you do your portfolio construction based on the...
The Pension Fund Perspective on Buyout Strategies | Charissa Lai | Superclusters | S4E7
30 Dec 2024
Contributed by Lukas
“Diversification is your one free lunch.” – Charissa Lai Charissa has experience in Investing, Strategy and Relationship Management across Priva...
The 4 P's to Evaluate GPs | Charlotte Zhang | Superclusters | S4E6
23 Dec 2024
Contributed by Lukas
“Executional excellence can get you to being great at something – let’s call that top quartile – but it really is passion that distinguishes t...
The Holiday Special | Nakul Mandan and Ben Choi | Superclusters | S4PSE1
16 Dec 2024
Contributed by Lukas
“VC is more about the ground game than the air game.” – Nakul Mandan “Entrepreneurs think it’s going to be like the Michael Keaton version, ...
LPs Should Get Paid More | Ashby Monk | Superclusters | S4E5
09 Dec 2024
Contributed by Lukas
“Innovation everywhere, but especially in the land of pensions, endowments, and foundations, is a function of courage and crisis.” – Ashby Monk ...
Listening to the Heartbeat of the Market | David York | Superclusters | S4E4
01 Dec 2024
Contributed by Lukas
“Markets have a mind of their own.” – David York David York's thirty plus years of industry knowledge and networks uniquely equip him to be a l...
The Difference Between GPs who Can and Should Raise | Dan Stolar | Superclusters | S4E3
25 Nov 2024
Contributed by Lukas
“GPs and LPs are both equally busy, but different kinds of busy where on any given day, we’ll probably have the same amount of calls and all these...
The Case for Concentrated Portfolios | Jeff Rinvelt | Superclusters | S4E2
18 Nov 2024
Contributed by Lukas
“The line that sits for me is you got to pick well, you got to coach well, and then you got to finance well – and the financing includes the exit....
The GP Data You've Never Collected Before | Kelli Fontaine | Superclusters | S4E1
11 Nov 2024
Contributed by Lukas
“Neutral references are worse than negative references.” – Kelli Fontaine From investing in great fund managers to data to investor relations, ...
When VC Funds Become Firms, Part 3 | Lisa Cawley, Ben Choi, Jaclyn Freeman Hester | Superclusters
07 Oct 2024
Contributed by Lukas
“When you bring people in as partners, being generous around compensating them from funds they did not build can help create alignment because they’...
When VC Funds Become Firms, Part 2 | Lisa Cawley, Ben Choi, Jaclyn Freeman Hester | Superclusters
30 Sep 2024
Contributed by Lukas
“We overcomplicate almost nothing as LPs. And this is a criticism of myself. And I think we oversimplify almost everything. Because by definition, w...
When VC Funds Become Firms, Part 1 | Lisa Cawley, Ben Choi, Jaclyn Freeman Hester | Superclusters
23 Sep 2024
Contributed by Lukas
“You can map out what your ideal process is, but it’s actually the depth of discussion that the internal team has with one another. [...] You have...
How to Build an Emerging Manager Community | Rick Zullo | Superclusters | S3PSE1
09 Sep 2024
Contributed by Lukas
Rick Zullo is the Co-Founder and Managing Partner at Equal Ventures. which invests into the future of four verticals: climate, insurance, retail, and ...
How to Get Access into Top Tier Funds | Felipe Valencia | Superclusters | S3E9
26 Aug 2024
Contributed by Lukas
Felipe Valencia is one of the co-founders of Veronorte, a venture capital investment firm based out of Colombia. In the first decade, Veronorte focuse...
Why Trust is Built from the Small Things | Ben Ehrlich | Superclusters | S3E8
19 Aug 2024
Contributed by Lukas
“If you want to build trust with someone [on your team], if they screw up, you have to be okay with them screwing up because you put them in the sit...
An Inside Peek into the Mind of an Individual LP | Susan Kimberlin | Superclusters | S3E7
12 Aug 2024
Contributed by Lukas
Susan Kimberlin builds and invests in things that are Good & Useful. She is an angel investor, limited partner and product leader with a career th...
The Art and Science of Reference Checks | Raida Daouk | Superclusters | S3E6
05 Aug 2024
Contributed by Lukas
“The more constraints you have, the more conviction you will have in each manager.” Raida started her career in banking before moving to the inve...
Why an LP of GPs is Uniquely Valuable | Lisa Cawley | Superclusters | S3E5
29 Jul 2024
Contributed by Lukas
“If you are governing things from a point of a legal document, whatever that may be and having to refer to that in order to trigger a behavior, that...
Operational Due Diligence Like You've Never Seen Before | Evan Finkel | Superclusters | S3E4
22 Jul 2024
Contributed by Lukas
“In venture, we don’t look at IRR at all because manipulating IRR is far too easy with the timing of capital calls, credit lines, and various othe...
The Inner Workings of a Sovereign Wealth Fund | Ian Park | Superclusters | S3E3
15 Jul 2024
Contributed by Lukas
Ian Park is a Partner at Primer Sazze, a firm dedicated to investing in ambitious talent across East Asia and North America. Prior to Primer Sazze, he...
VC Fund Secondaries Unlocked | Dave McClure | Superclusters | S3E2
08 Jul 2024
Contributed by Lukas
Dave McClure has been a Silicon Valley entrepreneur and investor for over 25 years. He has invested in hundreds of startups around the world, includin...
Bringing the Endowment Approach to Emerging Managers | John Felix | Superclusters | S3E1
01 Jul 2024
Contributed by Lukas
John Felix is the Head of Emerging Managers at Allocate where he leads manager diligence and product innovation within the emerging manager ecosystem....
The Limited Partner Game Show | Beezer Clarkson & Chris Douvos | Superclusters | S2 Post Season Episode
20 May 2024
Contributed by Lukas
Beezer Clarkson leads Sapphire Partners‘ investments in venture funds domestically and internationally. Beezer began her career in financial service...
Qualitative Signals to Look for in Emerging GPs | Jaclyn Freeman Hester | Superclusters | S2E9
06 May 2024
Contributed by Lukas
Jaclyn Freeman Hester is a Partner at Foundry. She joined in 2016 with a passion for supporting the next generation of entrepreneurs and investors. Ja...
An LP's Guide to the European VC Ecosystem | Ertan Can | Superclusters | S2E8
29 Apr 2024
Contributed by Lukas
Ertan Can is the Founder of Multiple Capital, a fund of funds focused on investing in micro VC funds in Europe and has been a limited partner in top f...
How to Get Six Top Quartile Fund of Funds in a Row | Aram Verdiyan | Superclusters | S2E7
22 Apr 2024
Contributed by Lukas
Aram Verdiyan is a Partner at Accolade. Previously, he worked on the investment team at Andreessen Horowitz. Before that, Aram worked in BD, sales and...
Exit Windows Matter More Than Entry Windows | Jaap Vriesendorp | Superclusters | S2E6
15 Apr 2024
Contributed by Lukas
Jaap Vriesendorp is one of the managing partners of Marktlink Capital, an investment manager from the Netherlands investing over $1b into private equi...
When Helpful is an Action Verb | Aakar Vachhani | Superclusters | S2E5
08 Apr 2024
Contributed by Lukas
Aakar Vachhani is the Managing Partner and a member of Fairview’s investment committee. He is involved in research, due diligence, investment monito...
How a Pension Fund thinks about Venture Capital | Peter Teneriello | Superclusters | S2E4
01 Apr 2024
Contributed by Lukas
Peter Teneriello has been a career-long investor in the private markets. He has experience as an allocator across a range of institutional types, from...
The Questions that Form an LP Investment Thesis | Winter Mead | Superclusters | S2E3
25 Mar 2024
Contributed by Lukas
Winter Mead is the Founder and Managing Member of the investment firm Coolwater Capital, which exclusively focuses on emerging managers and technology...
Diligence Questions: As Simple As They Are Complex | Youngrok Kim | Superclusters | S2E2
18 Mar 2024
Contributed by Lukas
Youngrok Kim is a Partner at GREE LP Fund, a Fund of Funds operating in the US and Japan. Previously, he held the position of SVP at Recruit Strategic...
How One of VC's Biggest LPs Builds Relationships | Abe Finkelstein | Superclusters | S2E1
11 Mar 2024
Contributed by Lukas
Abe Finkelstein, Managing Partner at Vintage, has been leading fund, secondary, and growth stage investments focused on fintech, gaming, and SMB softw...
A Case Study on Why LPs Pass on Great Funds | Jeff Rinvelt & Martin Tobias | Superclusters | S1 Post Season E1
15 Jan 2024
Contributed by Lukas
Jeff is a partner at Renaissance Venture Capital an innovative venture capital fund of funds. Jeff’s diverse background in venture capital and techn...
An Individual LP's Guide to Investing Like an Institution | Samir Kaji | Superclusters | S1E8
08 Jan 2024
Contributed by Lukas
Samir Kaji is the CEO and Co-Founder of Allocate, a private markets technology company that pairs origination with portfolio management tools to allow...
How Being Weird is a Deal Flow Superpower | Howard Lindzon | Superclusters | S1E7
02 Jan 2024
Contributed by Lukas
Howard Lindzon has over 20 years of experience in both public and private market investing. He previously founded and managed the hedge fund Lindzon C...
How to Build a Multi-Fund VC Firm | Ben Choi | Superclusters | S1E6
26 Dec 2023
Contributed by Lukas
Ben Choi manages over $3B investments with many of the world’s premier venture capital firms as well as directly in early stage startups. He brings ...
What Great Questions to LP Questions Sound Like | Courtney McCrea | Superclusters | S1E5
18 Dec 2023
Contributed by Lukas
Courtney Russell McCrea enjoys over 30 years of venture capital and private equity investment experience including 13 years of fund investing and 18 y...
The Bull and Bear Case of Early Distributions | Jamie Rhode | Superclusters | S1E4
11 Dec 2023
Contributed by Lukas
Jamie Rhode is Principal at Verdis Investment Management, focused on venture capital, private equity and hedge fund investment sourcing and due dilige...
The Adventures of an LP Whisperer | Eric Woo | Superclusters | S1E3
20 Nov 2023
Contributed by Lukas
Eric is co-founder and CEO of Revere, where he leads product development and investment analysis & due diligence efforts. Prior to starting Rever...
The Art and Science of VC Metrics | Beezer Clarkson | Superclusters | S1E2
20 Nov 2023
Contributed by Lukas
Beezer leads Sapphire Partners‘ investments in venture funds domestically and internationally. Beezer began her career in financial services over 20...
Why You Should Be Wrong and Alone | Chris Douvos | Superclusters | S1E1
20 Nov 2023
Contributed by Lukas
Chris Douvos founded Ahoy Capital in 2018 to build an intentionally right-sized firm that could pursue investment excellence while prizing a spirit of...