Minisode: Is It 2021 All Over Again?
Minisode: Is It 2021 All Over Again?  
Podcast: Origins - Inside Venture Capital, Hosted by a GP and an LP
Published On: Tue Oct 07 2025
Description: Origins host Beezer Clarkson,  LP at Sapphire Partners and co-founder of OpenLP, and Nick Chirls, GP at Asylum Ventures, dig into their recent conversation with Alex Edelson, LP at Slipstream. They discuss whether a spate of recent 100X multiples means we’re living 2021 all over again, why that’s led people to deploy but not fundraise, and the level of curiosity you need to be an exceptional LP.This episode of Origins is supported by Sydecar. Visit https://sydecar.io/origins-podcast to learn more.Learn more about Sapphire Partners: https://sapphireventures.com/sapphire-partnersLearn more about OpenLP: https://openlp.vcLearn more about Asylum Ventures: https://asylum.vcLearn more about Slipstream: https://www.slipstreaminvestors.com/For a monthly roundup of the latest venture insights, including the newest Origins episodes, subscribe to the OpenLP newsletter – delivered straight to your inbox: subscribe.openlp.vcSydecar, Inc. (“Sydecar”) has acted as a financial sponsor within this Origins podcast. Sapphire Ventures, LLC (“Sapphire”) is not affiliated with or invested in Sydecar.CHAPTERS:0:00 Welcome to Origins2:01 Did We Learn Nothing From 2021?4:09 High Prices, Quick Deployment6:31 Venture Lives On Bubbles