In a world where thousands of new VC funds launched post-2021, how do you pick the winners—and what happens when the hype fades?
In this episode, I sit down with Jamie Rhode, Partner at Screendoor, a fund-of-funds backing the next generation of enduring venture capital managers. Jamie brings a rare combination of institutional rigor and early-stage conviction, built across years in family offices, hedge funds, and venture investing. At Screendoor, she VC-GP gems in the often-overlooked emerging manager ecosystem while guiding managers toward institutional success.
📊 We dig deep into:
✅ Why the emerging manager ecosystem has exploded—and what’s driving the 50% drop in fund launches
✅ The Screendoor approach: institutional capital + GP mentorship from firms like Homebrew and Precursor
✅ What it really means to be an “emerging” vs. “enduring” manager
✅ Why indexing early-stage VC may actually beat chasing brand names
✅ Why DPI challenges, not performance, are holding back emerging managers
✅ The LP dilemma: comfort vs. conviction in a long-duration, illiquid asset class
💡 “In VC, the biggest risk is not backing a fund one—it’s ignoring one.” — Jamie Rhode
We also unpack:
🔹 Generalist vs. specialist: does sector focus still matter?
🔹 What family offices get wrong (and right) about venture access
🔹 Why fund size is a proxy—not a predictor—of alpha
🔹 How to manage operational risk, team splits, and long-term durability in EMs
🔹 Why now might be the best vintage window in decades—and why only consistent LPs will capture it
🎧 If you're an LP, family office, or emerging manager—or just want to understand the venture landscape beyond the headlines—this is a strategic masterclass on how to navigate it all.
Watch full episode: https://www.youtube.com/watch?v=DaVvKEmJvG0