In this special episode of our #OpenLP podcast miniseries, Sapphire Partners’ Laura Thompson chats with Jaclyn Hester, Partner at Foundry Group, about how LPs pick funds, what good performance looks like and how everything is changing with the shift in today’s markets. Laura Thompson invests in technology-focused venture funds domestically and internationally. She is passionate about partnering with established and emerging firms to advance the thinking in the limited partner space. Before joining Sapphire Partners in 2018, Laura worked as part of the investment team at Horsley Bridge Partners, where she helped the team make hundreds of millions of fund commitments. Jaclyn Hester joined Foundry in 2016 and is active across their portfolio of startup companies and venture funds. She helped launch Foundry's partner fund strategy and works closely with partner fund managers, while also spending time on direct investments. Prior to joining Foundry, Jaclyn practiced corporate law at Perkins Coie LLP and earned a JD/MBA from University of Colorado, Boulder.