In this powerful episode of the Dakota Live! Podcast, we dive deep into the future of venture capital, emerging manager selection, and the evolving dynamics between GPs and LPs with two thought leaders reshaping the industry: Rohit Yadav, author of The Big Book of Venture Capital, and Jamie Rhode, Partner at Screendoor, an LP platform backing early-stage managers with institutional rigor and long-term vision.
Why This Episode Matters
This episode is a must-watch for anyone navigating today’s venture capital landscape, whether you're an emerging manager building your first fund, a GP scaling through Fund II or III, or an allocator rethinking your approach to early-stage investing. Rohit and Jamie bring unmatched clarity and data-driven insight to questions that matter now more than ever:
- What does it take to build a resilient, DPI-generating venture firm?
- How are LP expectations evolving post-ZIRP, post-COVID, and amid shrinking liquidity windows?
- What is the real path forward for exit strategies beyond the IPO myth?
Key Topics Covered
- The role of fund-of-funds in early-stage VC, and why Screendoor is not just picking managers, they’re helping build firms with longevity.
- The power-law myth and how transparency, institutionalization, and repeatability are reshaping LP/GP relationships.
- The need for introspection (not revolution) in venture capital: a central theme from Rohit's Rethinking Venture Capital: A Strategic Lens.
- The future of M&A and secondaries as legitimate exit pathways and how GPs can (and must) be prepared.
- Why early-stage VC is where the outliers live—and how to create a portfolio that finds them.
- How Screendoor evaluates emerging managers, with real talk on what matters more than polish: character, track record repeatability, and transparency.
About BigBook.vc – Venture Knowledge Alpha
Visit: https://www.bigbook.vc
The Big Book of Venture Capital is not a venture fund—it’s a knowledge project. Created by Rohit Yadav, this open-source platform is dedicated to democratizing access to venture capital insights across the global ecosystem. With quarterly strategic reports, cross-sectional data from hundreds of sources, and community-driven dialogue, BigBook.vc offers the venture industry's most comprehensive and strategic research platform. It’s built for allocators, emerging managers, founders, and anyone shaping the future of innovation.
About Screendoor
Screendoor is reimagining LP/GP alignment in early-stage VC. With a fund-of-funds approach backed by leading GPs, Screendoor supports diverse emerging managers with not just capital, but decades of lived experience. Their platform is built for allocators who want disciplined, cost-effective access to the edge of what’s next—and for GPs who want to build enduring firms, not just raise funds.
Watch this episode if you want to:
- Understand the emerging manager landscape post-2021
- Learn how to build a more effective allocation strategy in early-stage VC
- Hear how seasoned LPs like Jamie are transforming access, transparency, and performance metrics
- See how Rohit is laying down the intellectual scaffolding for VC 3.0
This is one of our most important conversations yet, don’t miss it.
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