Minisode: Franchise Funds: Index Ventures & Picking Winners Early

Origins host Beezer Clarkson sits down with her colleague Nate Leung, fellow LP and Partner at Sapphire Partners, to riff on  her recent conversation with Nina Achadjian, Partner at Index Ventures. Together, Beezer and Nate walk through the steps Index took to become a franchise - the decisions they made and the mistakes they avoided, plus the firm’s ability to pick excellent companies early. They discuss the edge GPs gain by investing with a broader purpose, as well as the LP POV on the need for distributions and consolidation in 2025. Learn more about Sapphire Partners: sapphireventures.com/sapphire-partners Learn more about OpenLP: openlp.vc Learn more about Asylum Ventures: asylum.vc Learn more about Index Ventures: indexventures.com Subscribe to the OpenLP newsletter for a monthly roundup of the latest venture insights, including the newest Origins episodes, delivered straight to your inbox. CHAPTERS: (0:00) Welcome to Origins2:04-Keeping the Main Thing the Main Thing to Build a Franchise3:43-Liquidity and IPOs (4:45) 2025 - The Year of Reckoning (7:13) Let There Be More Distributions9:34-Finding the Great Companies Early