How COVID Impacts LPs, Venture Funds, and the Macro Environment with Samir Kaji

Samir Kaji (@SamirKaji), managing director at First Republic Bank, joins Erik on this episode. They discuss: - The state of the financial world before COVID and the cracks that Samir saw in the system last year. - Why this shock is like a “train going 150 miles per hour hitting a brick wall.” - What venture funds should do in this environment. - Whether there’s hope for a recovery in the near future, or not — and why this is different than any other previous recession. - How the behavior of LPs will change and what they will require of fund managers. - Why he’s been bullish on smaller funds. - The future of venture and whether there are truly disruptive alternatives to today’s system. - Why he thinks that the financial world might come out of this in a better place than before. Applications for the summer vintage of our Network Catalyst accelerator are now open! The early decision deadline is May 15th and final deadline is June 5th. Learn more and apply today at www.villageglobal.vc/network-catalyst. Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.