Eric Sippel of Sippel Farb Family Office delves into the intricacies of investing in emerging managers. Eric outlines his meticulous emerging manager selection criteria, emphasizing his preference for specialists over generalists. He highlights key challenges of identifying good VCs as a Limited Partner (LP), and offers insights into the shifting venture capital landscape. In addition, he discusses the importance of supporting underrepresented venture capitalists for enhanced portfolio returns.
In this episode, you’ll learn:
[1:33)] Venture’s main appeal is the ability to disrupt and create positive change.
[4:25)] Is it hard to find a good VC to invest in as an LP? Why is that so?
[12:54)] Eric Sippel’s emerging manager selection rubric; 3S (sourcing, selection, and stewardship/value add) - which is the most important S?
[26:18)] What happens in the first, second meeting with an emerging manager? What questions should VCs expect from Eric?
[33:03)] Investing in underrepresented VCs isn’t just ‘good’. It’s critical to having a broader aperture for outsized portfolio returns.
The non-profit organization that Eric is passionate about: Goodwill San Francisco Bay)
About Eric Sippel
Eric Sippel invests in emerging managers through his family office, Sippel Farb Family Office. He’s also a philanthropist and current chair of Bay Area Goodwill.
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