Origins - Inside Venture Capital, Hosted by a GP and an LP · OpenLP from Sapphire Partners

Minisode: Franchise Funds: Why do LPs & Founders Care?

·17 min·1 clip
Laura Thompson shares an LP's confession: they prioritize a trustworthy, consistent 2x fund over a volatile potential 10x.
LP hosts Beezer Clarkson and guest Laura Thompson debrief a previous conversation about franchise venture capital funds, exploring what defines them, why LPs and founders care, and the challenges of maintaining franchise status across generations. They challenge assumptions about required returns and discuss the human dynamics of firm building.
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