Beezer Clarkson (@beezer232) of Sapphire Ventures and Aydin Senkut (@asenkut) of Felicis Ventures join Erik on this episode.

They discuss:

- Their perspectives on the operator-angel and nano-fund trends.

- How to think about scouts.

- Moats in venture capital and whether they really exist.

- Whether we need more venture capital or more venture capitalists.

- How the LP and GP ecosystems will evolve over the next five to ten years.

- How to figure out what the right fund size is for a firm.

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