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The Great private Capital Reset is upon us. Markets are volatile and driving new economic imperatives. Are VC funds still VC funds, even if they raise billions per fund? What happened to the rest of the market? What is driving VC investments? What do Limited Partners think? What is on their minds? This and more, in episode 76 of Tech Deciphered. Navigation: Intro The State of the Reset: The Hangover from the Party? LP Fatigue and VC Differentiation What Really Matters: Performance.. Returns The Mega Fund Question The Case for Smaller… Rightsized Funds What Comes Next? Conclusion Our co-hosts: Bertrand Schmitt, Entrepreneur in Residence at Red River West, co-founder of App Annie / Data.ai, business angel, advisor to startups and VC funds, @bschmitt Nuno Goncalves Pedro, Investor, Managing Partner, Founder at Chamaeleon, @ngpedro Our show: Tech DECIPHERED brings you the Entrepreneur and Investor views on Big Tech, VC and Start-up news, opinion pieces and research. We decipher their meaning, and add inside knowledge and context. Being nerds, we also discuss the latest gadgets and pop culture news Subscribe To Our Podcast Bertrand Introduction Welcome to episode 76 of Tech Deciphered. This episode will be about the great private capital reset. As you know, or you have probably heard, there is significant structural transformation in the world of venture capital, and we are probably witnessing a fundamental reset of the private capital stack. We got a huge bubble in 2020, 2021. Fueled by near-zero interest rates. We got inflated fund size, compressed due diligence, and now a generation of zombie funds and zombie startups. Now that rates have normalized, exits have not been as much as expected. LP patience is a warning sign, and I guess the industry is being forced to confront an uncomfortable truth: most VC funds raised since 2017 might not return what their LPs expected. You know, how do we start? Nuno This is going to be a relatively nuanced episode. Obviously, there is going to be a lot of haves and have-nots, both in terms of VC funds, also in terms of startups. And so I want to start with that. This is going to be more nuanced than all transformational and disruptive. Bertrand It’s not the end. It’s not the end. Nuno State of the Reset: The Hangover from the Party? It’s not the end. There’s still huge mega funds that are raising more and more. It’s clear that the music has stopped, right? So if we’re playing the game of chairs, the music has stopped. Around ’22, ’23, we started seeing the first signals that funds had raised way too much money. Firms collectively raised around $669 billion globally in 2021 alone. If we fast forward now to last year, 2025, depending on the sources, we did some internal analysis at Chameleon. We came up with $75.6 billion was raised last year by 493 funds, right? So That’s a significant drop, right, in terms of fundraising. Other sources would say a little bit more. There’s a little bit of a discussion around how much did the top 30 funds capture. If you believe some of the stats out there, they would say that actually top 30 funds captured 75% of all capital raised last year. We did again some internal analysis at Chameleon, and the conclusion we came to, it was closer to 50 to 55%. So not as dramatic as some of the sources out there, but still pretty dramatic. There’s a lot of capital concentration on the top funds. Again, the top 30 funds would’ve raised 50 to 55% of capital or up to 75% according to other sources. So definitely a tremendous amount of concentration. There was a lot more fragmentation in terms of capital raised if we’re looking at the years from 2010, 2011, all the way through 2021. So 2021 would’ve been sort of the peak of non-concentration if you look at that. And that again, now we are getting more and more concentration. There’s more and more of this arbitrage around, I’ll give money to the top funds, I will not give money to the smaller funds, or I’ll give less money to the smaller funds. There’s a little bit of a movement around concentration. We’ll talk about it later and what that means. Are mega funds really better? Are the small funds still the way to go? We’ll talk a lot about that later in today’s episode. There seems to be a little bit of a bifurcation. We could say it’s either bifurcation around top-tier VCs or larger VC funds versus smaller VC funds. My perspective is the bifurcation that we’re seeing right now is more of a bifurcation between funds that are no longer just stepped into the VC space, but they’re actually becoming more and more private equity firms with full asset management range from early stage all the way to late stage. Think of it almost like a private equity hedge fund, quasi, versus classic VC funds. And I think what we’re seeing is the Andreessen Horowitzes, the a16zs of the world, the NEAs, the Sequoia Capitals, just to name a few, becoming more and more broad asset class managers across private equity, whereas you have more classic VC happening in earlier stages. And so that’s the real bifurcation that I think is actually happening. Bertrand And maybe not really hedge fund, because they are always still long-only funds. So there is no hedging happening, at least as far as I know. Nuno Well, some of these guys have become RIAs, like A16z has become an RIA, so they can do secondaries. Bertrand That’s true. Yeah. Nuno And they can also sell stuff, etc. So I don’t know how aggressive they’re going to be in terms of secondaries and selling and actually doing other kinds of services you can do if you’re an RIA. But it’s not, I think, out of the realm of possibility that they would sort of acquire and sell stock more rapidly. In that way, to your point, Bertrand, maybe they actually become beyond just long guys, right? Bertrand Yes. Another trend I have seen is some of the larger VC funds seems to have no problem investing in multiple competitors. This was not possible before. I mean, if you’re a VC fund, you had some sort of duty not to invest in the competitors, but now some invest OpenAI, Anthropic at the same time. Do you see that as part of this evolution? Nuno For sure. And I think there’s a lot of people like the ostrich putting their heads below the ground and it’s like, “Eh, no, no, nothing to see here.” But that does constitute a conflict of interest. And if I’m a startup raising, this assumption that you will not invest in one of my competitors is no longer there, certainly for the mega funds, because of that notion of deployment of capital. Now, some funds will still hide under the notion, actually formally from a fund perspective, we’re not investing in competitors. It just happens that different types of our funds are investing in competitors. Like maybe my growth fund is investing in a competitor to my early stage fund, right? But our funds are relatively independent. So I think there’s a little bit of hide and seek that will go on if you talk to some of the fund managers. Well, they say, well, we’re not investing out of the same fund into these competitors. But between you and I, as we know, a lot of these partnerships actually do a lot of stuff together at the general partnership level. So are there really actual Chinese walls between the funds? Well, it really depends on the partnership. And to be honest, most of the partnerships don’t have very significant Chinese walls between the funds, right? The managing general partners sometimes actually occupy investment committee roles across different funds. So I think the conflict of interest is there. So that’s why I say there’s a little bit of ostrich behavior. Put your head behind the ground or below the ground and just pretend nothing is happening. Just sharing maybe a couple of interesting stats. Global fund closings for 2025, according to our numbers at Chameleon, 1,098 closed. In 2025. Closed is when you start deploying capital, right? Whereas— so it’s not closed down, it’s closed like we start deploying capital. And that number, 1,098, is dramatically down from 1,600 in 2024. And it’s actually the lowest number of closings that we saw since 2014. So again, this is bad, right? It means there’s less funds doing fund closings and deploying capital in the market than since 2014 and dramatically below the 2024 numbers, right? Where we already saw some market readjustments. The number of active VC firms in the US that did 2+ deals, which is not a huge bar, has dropped 38% back to numbers in 2023. So we don’t have numbers that are a little bit more up to date, but basically in 2023, those numbers are already dramatically dropped. So there’s less and less active funds. So there’s funds that might be in the market, but they’re not actually deploying that much capital, not doing that many investment. They’re sort of either zombie funds or relatively passive funds that have passed their investment period. For those listening to us, the investment period for a VC fund is normally between the first 3 to 5 years of the fund, which is when you build your portfolio, when you can invest in new companies. After that time period, everything that you do up to normally what would be year 10 is follow-ons. You put more money into the companies that you’re already invested in, that you already constructed portfolio with during those 3 to 5 years. Bertrand Yeah, that’s a pretty scary change. And obviously, I guess we’ll come to it, but the time it takes to fully liquidate investments is getting longer and longer. In the old days, we used to talk about VC funds having a 10-year life, maybe a +1/+1 in terms of extension of the fund life. But it looks like it’s taking 16 to 18 years actually to get full liquidity from a fund investment. Nuno LP Fatigue and VC Differentiation And I think that’s the scariest piece. I mean, just to share some numbers, we in venture capital talk about vintages, right? Which year did your fund start in? Normally when you did your first close onto the fund, as we were saying before, close is when you get all your investors at that moment in time to come in and you do your first close so the next fund starts running. 2018 vintage funds, right? This is now almost 7 years ago. So you should start having— actually 8 years ago almost at this point in time. You should start already getting distributions or you start getting cash back if you’re a limited partner and investor in those funds, you should start getting cash back. Half of all 2018 vintage funds have returned $0 to their LPs. So they’ve had no distributions to their LPs. 2020 vintage, which was a very hot vintage, only 42% have begun any distribution. So 58% have distributed $0, right? 2021, only 25% have done any distributions. Now, I happen to have a 2018 vintage fund and a 2021 fund. My 2018 fund has already distributed over 3x net of fees in distributions, and my 2021 fund’s already over 10% distributed back in distribution. So we’re very proud of that. But in general, the numbers are awful. There’s no liquidity back to LPs. And to your point, that’s kind of a big deal because some of these funds have been going on for 7, 8 years, and where’s the liquidity going to come from? On the other hand, if you look at TVPI, so DPI is distributions to paid-ins cash on cash. But if you look at TVPI, which is total value to paid-in, which also includes the book value or the value that you’re marking it on your books, basically the paper value as we call it for the company, even on that, the median 2017 fund, so 2017 vintage fund has a TVPI, total value to paid-in, of only around 1.76x, which is well below what should be, which is sort of the 2 to 3x benchmark of a really good performing fund. So the median funds are doing very, very poorly overall. So if you add that to the fact of what’s happening and distributions are taking a long time, back to your point, Bertrand, it’s taking like— this should be a 10-year asset class, maybe 11, 12 years, and now it’s looking a little bit like a 15, to 18-year asset class, which is not what most limited partners sign up for. Part of this dynamic, I think, is that we’ve had tremendously overvalued private companies over the last few years, right? Secondly, these companies have just stayed private longer. And I was having a discussion recently with a friend of mine, it’s like, hey, what’s this thing about companies are staying private much longer? Is there some dynamic around secondaries? And the reality is there is a dynamic around secondaries, right? Because if I’m a very large fund and I can get away with doing secondaries on my portfolio, I will get liquidity at some point, right? But someone else is stuck with private stock, which hopefully will IPO, but who knows, right? And so there’s this funny dynamic right now of because of secondaries, because of a couple of other things that are happening in the market, actually a lot of these startups are staying private for tremendous amounts of times, and some of them will IPO and they’ll be huge deals. Some of them might not and might not warrant the latest private valuations that they’ve exercised. And so there’s this tremendous noise that we’re seeing in the mid to late funnel of privately held companies where some are just waiting to be public. Some of them might not be able to go public at anything that is an up round versus private valuations that they’ve had in previous moments and in previous rounds. Bertrand And obviously the 2 to 3x returns that funds are targeting, and obviously more 3x than 2x, I mean, that was good and nice if it’s a 10-year fund, but if it’s the same 3x for 15 to 18 years, it’s not at all the same rate of return annualized. So it’s a really, really, really big issue if you keep the return the same, but you extend the duration of the fund. Concerning going IPO, there is a lot of complexity going public, the IPO process itself, but also after that when you’re a public company. It changed how you can run the business. Some would argue that we have had an issue with more companies delisting than companies listing on the public market. So I think there might be also separate issues about the efficiency of the public market and maybe a need for change. We went very strongly in one direction for the public market, have post and run, but was it really ultimately the right thing to do? I’m actually not so sure. Nuno Yeah, I mean, just to be clear, this is anecdotal, but when we tell prospective LPs at Chameleon about our returns, the last few funds, 2018, 2021, the first reaction is, “You must be lying, right? Surely you can’t have distributions already for 2021,” et cetera, et cetera. So clearly there’s almost a state of disbelief right now from limited partners. And liquidity does matter. So clearly you have to move forward. So how did we get to this point where we had this bubble 2021 all around that time space and now things don’t look so good. Well, the macro conditions have changed dramatically. I mean, rates when they were near zero, safer assets yield nothing or yield nothing. So basically you had to push capital into longer duration risk assets like venture capital. And so you had to push it. So the opportunity cost of capital also has fundamentally shifted. Obviously a 3x VC return in 15 years over 10 actually competes very poorly against 5% annual credit returns over several years. So there’s been a readjustment of stuff. And then the public equities in particular, the tech public equities have had a lot of volatility, but some of them have done extremely well, right? Chipsets, things like NVIDIA, the Amazons of the world, Alphabets, et cetera, et cetera. They’ve done very, very well. So why would I invest in a long-term illiquid asset that takes now longer to give me money back, and in some case doesn’t give me back, if I can invest just in public equities, and a variety of other things. The venture debt costs have increased dramatically. The burn rates that were sustainable back in the day with sort of the addition of venture debt, private credit, et cetera, now are overblown at this moment in time. At the end of the day, there’s been a lot of movements also overall in the pipeline in terms of valuations, et cetera, et cetera. Now, I would put a grain of salt into all the numbers I just told you. There still is a little bit of the haves and have-nots in startup land. Certainly in early stage where if you’re a hot AI company, you can get away with raising a Series C or $480 million. This is actually a true story. Series C, right? Not Series C, a $480 million at $4 billion pre-money valuation. Whereas if you are maybe in a space that’s less hot, you’ll have more difficulty in raising money at this point in time, might not be able to even raise a Series C, right? So there’s a little bit of the haves and have-nots happening on the VC side in early stage that has been really amplified by the macro regime and where we’re at, which is actively zero-rate era is done and now the new regime is quite different. And so I can get better returns by doing something else. Bertrand Kind of makes sense. I mean, if you have some ways the SaaSpocalypse in the public market because there is that fear that AI is going to completely change the game for especially for the more typical software companies. Good luck raising private money to quote unquote just build traditional software companies. You cannot expect a warm embrace from the private market if the public markets are completely destroying that category. I’m not saying that this is there forever, uh, things might change over time, but for sure what’s happening on the public markets always have a very strong impact on the private market. Nuno Indeed. So what’s happening in this relationship between limited partners and VCs, the general partners? Again, limited partners are the people that give venture capital firms and venture capital funds their capital to actually deploy. And they are a variety of different players, right? Could be endowments, like university endowments, pension funds, family offices, very high net worth individuals, fund of funds, et cetera, et cetera. I mean, in particular, if you look at the institutional investors, the endowments, the pension funds, the fund of funds, they have allocations that they do to different asset classes typically. And the feedback that we’ve received from the market is they are increasingly frustrated with what’s happening in terms of distributions. They’re not getting capital back. It’s like, I gave you capital 8 years ago, 9 years ago, 2017, 2018 vintages, and I’m not getting any capital back. So what the hell’s happening? On paper, it looks maybe the fund’s doing okay or it’s doing great in some cases, but where’s my money? And so that creates a little bit of wait-and-see kind of game on portfolio allocation. As we’re thinking through their re-ups, putting more capital into funds that they’re already actually put capital or putting in capital into new slots, into new fund managers that they want to put money into. They’re like, well, let’s wait and see. I want to get my money back or get some money back first before I redeploy it. Again, this is a little bit the haves and have-nots because we’ve seen, for example, a couple of top-end LPs in terms of returns that have a little bit the opposite problem, right? Because they are into funds that are performing extremely well. They actually are over that period and they want to actually redeploy. But to be honest, the average in the industry right now is a wait-and-see game. It’s like, I want to wait and see, which leads to what can only be characterized— I was hearing someone the other day, one of the top advisors in the LP community, saying this is the worst fundraising environment ever for venture capital. Not the last 20 years, 30 years, like ever, right? Since this became an asset class more institutionally in the late ’60s, early ’70s, Pulse Robo 2 as it was created, this is the worst fundraising environment ever. Oh, wow. Bertrand And concerning TVPI, let’s not forget that typically it’s not mark-to-market. So the metrics in terms of TVPI, correct me if I’m wrong, you know, but the metrics in TVPI are based on typically the last fundraise. So if the valuation went down but there was no additional fundraise, we wouldn’t know by looking at the TVPI metrics. It will only be updated if there is a new Financing, equity financing, or an exit. Nuno Yeah, normally most funds act like that. Some funds are a little bit more aggressive and do do mark-to-market, but normally funds would be conservative and say, hey, I’m being conservative, it’s whatever is the last known valuation of the company. And if there wasn’t a priced round, it’s a little bit more obscure than that, right, Bertrand? Because it might actually be the company has raised money on a note, or either convertible note or a SAFE note, and that wouldn’t count as a priced round. So I would say actually, even if it was a cap that’s below with a significant discount, I won’t recognize the assets as a down round. I won’t recognize the asset with a lower valuation because formally it wasn’t a price round. So it’s on the one hand conservative, on the other hand, it’s only relating to price rounds or exits to your point. So it’s sort of, you can be like, hmm, well, we opt to do that because we think it’s actually the most conservative route. Mark-to-market is extremely difficult to do. And who would do the mark-to-market for you, right? It’s like it’s some valuation firm, et cetera. Bertrand I’m not saying a mark-to-market is easy, but I’m not sure I would call using the last valuation something conservative in the context that most startups will fail. So it’s not clear. Nuno Well, in some cases it is, some cases it’s not, right? Depends on the startup situation, to be honest. Yeah, yeah. Bertrand But yeah, at least that’s how it’s done. So for instance, to evaluate the impact of the SaaS apocalypse, it’s tough to know. We will have on the private market. I mean, we will see that in a few quarters. Because if companies still exist in that environment, if they still do additional truly price rounds after that, that’s when I will start to know. Nuno I mean, just to share a little bit more data, like VC fund close time stretched to 15 months. Basically, it’s just taking a long time to raise money. It’s taking a long time to do your first close, get your fund running. When entrepreneurs complain to me that their fundraising is difficult, I always say, you have no clue how difficult it is compared to ours. First-time funds have collapsed. We had some numbers that only 77 first-time funds actually closed. I assume this is in 2025 versus 215 in 2023. So that’s a huge number. We did some internal analysis on our side and we did some analysis that emerging fund managers, emerging fund managers are normally people that are in their first one or two funds. Basically emerging fund managers gained some ground until 2017. Reaching by then a slice that was 63.7% of all capital raised in 2017. But since then, the capital deployed to emerging managers has been largely reduced to actually 24.2%, right? So it’s gone from 63.7% in 2017 to 24.2%. So this has been a culling of sorts on emerging managers and almost like a slaughterhouse of emerging managers. Compared to previous situations, which is obviously incredibly concerning if you’re an emerging manager starting your VC firm, et cetera, et cetera. So really tremendously problematic for those. We think capital’s not leaving VC. I think we see a lot of the institutionals saying— there’s some numbers as high as 33% of institutional investors plan to invest more in venture in the next 12 months. So I don’t think capital’s leaving VC. I think it’s really concentrating. We’ll come back to the concentration issue later in the episode. And part of that concentration comes from a topic that has been widely spoken in venture capital recently, which is differentiation. How do you differentiate in venture capital if you’re talking to a limited partner, right? How does my firm differentiate versus the firm next to mine? And that’s incredibly, incredibly challenging. Bertrand, what are your thoughts on that? Bertrand Differentiation is always a question. I mean, if you’re an entrepreneur, Typically, you think fully about the best possible partner for your stage and for your type of business model. You want a VC who understands fully your business model, because if they don’t, then it’s going to be troubled down the line. But that’s true that another piece of the puzzle is that the best VCs help you get more visibility in terms of achieving potential customer deals, in terms of attracting the best talent. And that’s where VCs’ brand names can help. If you can say you have backing by some of the top, most visible names in the industry, and usually these are the mega funds because others have trouble to be as visible, then they have some sort of unfair advantage compared to others. So I can see that there is some level of concentration happening naturally, especially in the later stage from Series B onwards. Nuno What Really Matters: Performance… Returns Yeah, I mean, we did some analysis internally about What are the top funds that invested in the top performing companies in early stage, Series C, Series A? And we looked at it by size of fund and the top performing normally are funds below $100 million, but in some cases very closely followed by funds between $100 and $500 million. And actually funds above $500 million, so $500 million to $1 billion and then $1 billion and above are actually tremendously underperforming. So this notion of the industry that says, well, the mega funds still see The top investments early on, because they still deploy in Series C and Series A opportunistically, in some cases even spray and pray if they have their own incubation and acceleration programs, is not true. Actually, we verified that over the last 12 to 13 years. It is not 12 to 13 years in vintage, right? So up to a 2021 vintage fund. So we went basically 12, 13 years back from there. And it’s not true. Actually, the most performing are 0 to 100 and then 100 to 500. And as I said, there’s 100 to 500 in a couple of years actually are a little bit better. Than the $0 to $100 million ones. So that’s the first thing that’s a conclusion. And actually, that’s not shocking. If we remember back in the day, Kleiner Perkins used to raise funds up to $600 million, Benchmark raised their $425 million funds. It seems like the sweet spot for a VC fund would be around $500 million at the top end, like maximum. And now somehow people are saying, well, I’m raising a $3 billion VC fund. It’s like, well, it can’t be a VC fund. The return profile is totally different, right? You can’t deploy that capital just based on early stage investing. And by the way, you’re not seeing the guys at early stage, all that you’re seeing, you’re going to make your returns in mid to late stage, right? Back to what we said at the beginning of the episode. So there’s a little bit of the haves and have-nots there. The big guys are raising more and more money, but they’re no longer venture capital. And I think limited partners that are a little bit more evolved, that are a little bit more conscious of this, that have been in the market longer, are realizing that shift. So it’s like if they want to have the alpha of venture capital, they need to deploy to the sub-$100 million funds or the sub-$500 million funds, right? That’s where they need to actually focus their VC capital. They can still deploy to mega funds, but they’re deploying to a different asset class. They’re deploying to a private equity, mid to late stage asset class, which looks maybe a little bit more like a growth fund or something like that. The second part of differentiation is the honest truth is most VC funds are like, I have proprietary network access, right? I’m ex-Stripe or I’m ex-Google or I’m ex-Facebook or whatever, and I have access to that. I mean, we know proprietary networks from that standpoint are no longer true. The whole thing that created Silicon Valley back in the ’70s of what I used to call the country club deals where there were a few people coming out of the big companies, the Fairchilds of the world, later on the Intels of the world, et cetera, et cetera, that made some money along the way that sort of bootstrapped their next companies, were well-known quantity to the existing VCs and raised money relatively easy on ideas, that doesn’t work anymore. Someone was telling me the other day one interesting thing that I wasn’t quite aware of, a lot of it had to do with the NDAs. I don’t know if you knew this, Bertrand, but like the fact that in California, it was sort of the Silicon Valley community sort of imposed this, we don’t sign NDAs thing and Boston continued signing it. And this whole NDA enforcement issue and non-compete, actually not the NDA thing, but more strongly that California did not enforce non-competes. I could leave Fairchild and start a company that magically was doing something that could be considered competitive to Fairchild. And that was sort of part of the acceleration actually of venture capital in California versus, for example, Boston, which was sort of hand in hand at the beginning. Bertrand Yeah, I mean, I’m a big, big believer in California success coming from not enforcing or banning non-compete agreements. I think it’s a key part of the game. If you lock people into not doing something similar in the next 6 months to 24 months. And the industry has always been moving fast. So this is a significant time where you are blocked to do something very similar. I think it was really an issue. So I think it’s a key part of the game and it has been there. I don’t know how it started, but I think that non-enforcement of non-compete has been a key part of the success of California. I’m actually pleased to say that Washington State is going in the same direction. They are just signing a non-compete ban. And you might remember that at the federal level, I think in 2024, there was also a ban that was put in place to ban non-compete, but this has been reversed by the courts. So this is not there anymore. So that’s why we see a state like Washington State putting their own ban, and we might see more state by state moving in that direction. I think it was not helping at all, this non-compete. I mean, there is obviously stuff that needs to be done, like you cannot steal secrets, you cannot steal IP. Nuno Yeah. Bertrand Even stealing employees, there should be some restraints. We need to find the right balance, but you have to be careful there. That was key for the success of California, and I’m glad to see that this is a trend that’s going to go beyond California. And I hope most states will have a ban on non-compete. Nuno Maybe just to close on the differentiation process, two things. One, I think there’s this notion When you talk to some LPs, that seems to be a little bit ingrained, some LPs that prefer specialized funds. We’ve also done some significant analysis internally and have talked to a couple of datasets other than our own, or people that own datasets other than our own, and the feedback has actually been not so fast. Actually, generalist funds over time cannot perform specialist funds. There seems to be a little bit of a sweet spot around generalist funds. We like to call ourselves multi-specialized at Chameleon, but ultimately from the perspective of specialized versus Generalist funds, the picture’s not as clear as specialized funds outperform generalists or generalists outperform specialized. We’ve seen there are pockets where actually generalists outperform specialized, in other pockets where specialized of a certain size can outperform generalists. So that’s one topic on differentiation that is a little bit broader. And then the final topic on differentiation, it’s really an industry that hasn’t innovated dramatically on where it creates the most value, which is really the picking stage, right? So it’s having great deal flow, very optimal, productive, efficient due diligence with very few resources and the ability to then get into those deals. That’s where most of the value is created. And then hopefully liquidating the asset if there’s an opportunity to do so at the right time, either through secondary trade sales or an IPO or something else. And what we’ve seen is the industry has innovated very little. I mean, the only thing I could point out in terms of core innovation at the top of the funnel has been the creation of the mega funds, the well-known funds, right? Like a16z, Union Square Ventures, et cetera, et cetera. But there needs to be more innovation on that cycle. And that’s why we certainly at Chameleon believe that the future is to have quant and AI-native VC firms that develop their own tooling, their own platforms. We have Mantis in our case that allow you to have this unfair advantage in how you source deals and how you do due diligence, how you get into the deals, et cetera, and how you take it to the next level. And we think that’s the beginning of the next stage is that the industry becomes more tech-enabled, shockingly enough, an industry that has made all its returns on tech or almost all of its returns on tech. That we need to be more tech-enabled ourselves. But I think the writing is on the wall there, and that will be a source of differentiation certainly over the next 3 to 5 years. Bertrand One thing the industry has innovated somewhat and maybe could innovate even more is providing liquidity beyond trade sale and an IPO, because it’s clear that if VCs want more liquidity without waiting 18 years, you need that liquidity at different stage, not just when it’s time to do an exit, a full exit for the business. And for employees as well. I mean, it’s one thing to stay for a company for 4 years, which is your typical vesting. Maybe you extend that to 6 years, to 8 years, you have a great time at the company. But to think that maybe you have to stick around for 15 to 20 years in order to get liquidity on your stock options. I mean, that’s too much to ask for most people. I mean, people have a life, they have other things to do, other plans, they might want to move, they come at a different stage of life. So you need to provide them liquidity. The new game is we are not going to exit until 15 to 20 years, else it’s truly unfair. It’s not just unfair, but people will say, you know what, I’m going to go across the street, go work for Amazon or Google. I will have RSUs at best regularly that are liquid, and why bother? I mean, we need to find pathways to liquidity for both investors but also employees. There has been a change in that direction, but I think we need more of this change, and maybe not just reserved for the absolute biggest, most successful companies like OpenAI or SpaceX, but also us as well. Hopefully we can find a way. Nuno Well, now we have these AI companies that actually grow so fast that they will IPO in one year. Now, isn’t that what’s going to happen? They raise They raised $500 million in Series C or $1.4 billion in Series C, and they’re going to IPO in 2 years. No? Is that not the new reality? I’m being facetious. Bertrand At the same time, I mean, there are rumors that some of them are going to IPO this year. I mean, we talk about OpenAI, about Anthropic. I mean, OpenAI is quite old, but Anthropic is a relatively new business, quote unquote. So I think it’s a good time. Nuno The Mega Fund Question So maybe it will be true after all. Moving to the next section, are mega funds still venture capital, Bertrand? Are they still venture capital funds? Bertrand Yeah, I guess venture capital is a term that can encompass from small to very big funds. I truly don’t know. I mean, once you reach a growth stage, are you truly a VC fund? I don’t know. I think some of these definitions are kind of arbitrary from my perspective. What is clear is that you as a business need different providers of capital. And as we just discussed, you as a business, probably need to keep going and stay private for longer. One reason being, again, there is a tremendous cost to being a public company. There are some true strategic disadvantages. And at the same time, just practically, I mean, you need to get bigger and bigger in order to have a chance of a successful IPO. So you cannot just go IPO at a $500 million valuation. I mean, that’s like committing suicide, at least in the US market on NASDAQ. So my point is, you truly have no choice. You need to extend and If you need to extend, then you need to have capital providers that are there at later stage and therefore have more money. Is it still true venture capital? Is it true venture? I don’t know. At some point, it makes sense that from the startups to the capital providers, everyone adjusts to a reality where the life cycle is getting longer. Nuno We don’t think it is. We don’t think mega funds are venture capital. We have actually some data that shows that they’re not in terms of actual returns. The alphas you can generate, the IRR that you can generate is actually not comparable. We did some analysis again with some of our datasets and from 2012 to 2022, so that’s the datasets that we used so that we had actual distributions and stuff we could take into account and so on and so forth. And looking at IRR, just to share some numbers in terms of IRR over those 10 years on sub-$100 million funds versus above $1 billion funds, the differences are incredibly stark. And this is true for global and US IRR, right? So just to quote some numbers in terms of average, sub-$100 million funds, global IRR of 22.9%, US IRR of 21.6% versus above $1 billion, 9.1% and 9.0%. Median IRR, if we just looked at median, 7.3% and 16.6% for sub-$100 million funds, 7.5% and 8.1% above $1 billion. Top quartile IRR, sub-$100 million, 31% versus 30.4% US IRR. And then above $1 billion funds, 14.7%, 15.5%. So it’s very clear if you sort of cut this in different ways, averages, medians, top quartiles, et cetera, over all these years that sub-$100 million funds are in a very different asset class than above $1 billion funds. They’re in different alpha that you can generate and so on and so forth. Now to the point you made, Bertrand, I don’t fully disagree with the point you made of the bigger funds should become bigger. I just think they’re becoming different things. Now, again, some of these funds will hide under the facts like, well, wait a second, we have all these assets under management, but they’re over different funds. Sequoia, we’re still raising small early-stage funds, $500, $600 million funds. And then we have larger funds for growth, et cetera, et cetera. Andreessen Horowitz, a little bit less clear what they’re actually doing. We heard that they’ve raised $15 billion across funds. I’m not sure if that’s the exact number at the end of the day. But the point is, if I’m a multi-asset class manager, like early growth, et cetera, et cetera, then it still applies what Nunu is saying. I’m still going after the $500 million, $600 million early-stage funds. Well, not so fast, right? Because you still have all this capital with managing general partners that are maybe across funds for which their incentives in particular, both carry and management fees are coming from the larger funds. Et cetera, et cetera. So there’s necessarily conflicts of interest. In many cases, the funds are just straight up big, right? And so they are above a billion. And so I don’t think a lot of these guys are in early-stage investing anymore, right? It may appear that they are, but I don’t think that’s where the returns necessarily are going to come from. And so if you are a limited partner, if you’re looking at your asset class allocation, again, you’re absolutely free to put money into mega funds because that’s the kind of asset class you want to play in. In terms of a blended private equity asset class that has a little bit of growth, a little bit of whatever, or actually a lot of growth, a lot of late stage, and maybe a little bit of early stage. And I want something that’s a little bit more blended, right? But if I still want the alpha venture capital, I need to deploy to funds that are early stage, right? And that’s like up to $100 million, up to $500 million. I think that’s my two cents on that topic. We see crossover things coming around, like guys who do both public and private markets. Again, that starts feeling a bit like a hedge fund. A lot of these funds have also become RAs, as we discussed earlier. So I feel the writing’s on the wall. The mega funds are going more and more after either some mechanism of edging or a mechanism that’s a little bit more blended in terms of private equity than classic venture capital. Bertrand Yes, I think a few things. One, if you’re an LP, I can imagine that dealing with multiple $100 million funds might be more difficult. You, you need to know the partners, you need to have some background, uh, visibility. You need potentially to change regularly of VC investments. So I can see some level of simplicity if you just focus on the bigger ones, especially if you have a lot of assets you have to put to work. Another piece of the puzzle, I would guess that the bigger funds are able to return money faster because they are at later stage of the cycle. So instead of that 15 to 18 years, maybe they are more in a 5 to 10 year range, while the smaller funds being there more early might be the one who are taking longer to deliver. So I can see that Yes, there is an IRR picture, but there is also time to liquidity that is not the same. So that can probably also influence. And in terms of crossover PE hybrid model, I mean, for sure we have seen some of the public equity investors doing crossover, meaning going into private equity firms like Coatue, like Tiger Global and others. And for companies that are preparing for IPO, there is a lot of value to work with these firms because they have very good visibility and understanding of the public markets. And their presence in the cap table is also a sign of quality, typically for public market investors. So there is a lot of value and logic for them to be there on both sides of the puzzle. But again, the fact that firms keep delaying IPOs, that the market is not so much startup-friendly, makes this model a bit more difficult. But personally, I think there is value there. Nuno Yeah, I think on the mega fund, just so that I’m not boo-booing everything, I mean, but there’s definitely angles in terms of the asset class that make a lot of sense. And there’s the scalability of the model. The ability to go after Series B, Series C, as well as mid-stage, as well as late-stage, even secondaries over time, to your point, in some cases even public equities. And that level of skill I think matters. We’ve also seen, as we’ve known, we won’t mention any brands, but people will know who they are, that late-stage hedge funds and investors, even if they’ve done okay-ish in growth in private equity, don’t necessarily do well in venture. So it’s clearly a very different asset class, right? So once you start getting venture teams together, The returns are not quite the same. Actually, sometimes they’re not even quite the same as the growth investments. So clearly they’re very good at the growth side, but not so good in early stage. But definitely there is a case for it. The Case for Smaller…Rightsized Funds But if we switch gears maybe to the small, or I would call right-sized funds, maybe just to quote a couple of numbers and then open up the discussion. Small funds do seem to outperform larger funds. There’s a lot of data in the market that shows some of that dynamic outperformance frequency. All the Very historical numbers from Cambridge Associates from 1981 to 2010. 19 out of 30 vintages were won by sub-$150 million funds. We did our own analysis as I was sharing before. Funds between $0 and $100 won most years between around 2010 and 2021. And the years that they didn’t outperform in terms of investing in the top-performing companies in early-stage Series C, Series A, they were outperformed by the $100 to $500 million funds. The $500 to $1 billion funds and $1 billion or above were never even in the same league in terms of performance, of having identified those top performers in terms of quantity over those early-stage investments. Top 10 funds by vintage, 2004 to 2006, 2016 numbers. Top 10 funds, 73% were sub-$100 million. 2004 to 2016, top 10 funds by vintage, 73% of those were sub-$100 million. So there seems to be a little bit of a case that actually smaller funds, sub-$100 million, sub-$500 million in some cases, are outperforming the larger funds over time. Now, these funds are complex in and of itself. The positive of it is small fund GPs like myself, we are deeply invested in our own funds. We’re not there to just make management fee monies. I mean, we’re not making $1 million, $2 million a year in management fees of salary ourselves, like some of the larger funds. So we are there to really get the carry and be less focused on management fees. And so I think there’s a little bit of alignment around that and really taking that kind of perspective on portfolio construction and liquidation, being also more aggressive on the individual time that we spend with our startups. On the negative side, obviously a lot of these smaller funds, not the case of Chameleon, but others out there are single GPs, very little teams or very small teams. And so it’s sometimes difficult to actually do a lot for portfolio companies as well. And this is where the mega funds, for example, a16z notably would say, hey, we have 600+ people that can support you, right? On market development, business development, communications, talent recruiting, all this stuff. Question mark whether that’s the right way to do it in terms of operating model, if technology is not a better way of supplying that value back to your portfolio companies, or if there’s no better way of doing it. But still, that’s one of the appeals of actually dealing with a larger mega fund if you’re a startup, right? That they will have the resources, also the financial resources to put more capital in you. But also, again, if there’s entrepreneurs listening to this right now, and hopefully there are, it’s a two-edged sword, right? Because if you have Andreessen Horowitz putting money in you, or NEA, or General Catalyst, or whatever, putting money in you on a Series C and then not doubling down on the Series A or the Series B, there will be questions, right? Because like they have the capital, they have other funds, so why the hell are they not putting more money in? Um, so, so it’s a little bit of a two-edged sword. Bertrand Yeah, I think that one is a pretty big one. And on top of it, as we discussed, some of these big firms have multiple funds managed technically by different teams. So you might have convinced the early-stage teams, they have investors, they’re happy, but you don’t convince the growth-stage firm. As you say, it might raise questions because people might think that there is some communication between the early-stage team and the growth-stage team. So why the heck are they not deciding to invest? And as we also discussed, even worse possible situation, what happens if the growth-stage team has invested in your competitor? It’s even more trouble. So I think trying to understand how firms behave, what’s the reputation of the firm, what’s the reputation of the partner you are working with, I mean, can have tremendous importance and impact. When it’s time for you to work with a firm. Nuno Indeed. I mean, at the end of the day, we still believe that the smaller fund— we at Chameleon discuss the notion that our limit should be $500 million per fund, right? And that’s the logic of it. We think that model is the model that works well in venture capital. We do recognize, as I said before, why mega funds keep raising more and more money, right? It becomes a harm’s race at that end of the market. As I said, probably a slightly different asset class, or if not a significantly different asset class as well. So seeing a little bit both sides of the market, I mean, we often compete with the mega funds, but honestly, a lot of the mega funds are kind to us and they let us in. And this whole notion of elbows out, we haven’t felt it that much in the market. And people see our value at the table. And in many cases, I, I do see the larger funds more and more seeing the value of smaller funds coming in on the same rounds and even in some cases co-leading early stage rounds like Series C. So it’s not like elbows are out everywhere across the board. So I don’t mean to say this is like an all-out war between small funds and big funds and the small funds need to win or the big funds need to win. I think actually there’s a lot of potential for coexistence. My point is more that the asset classes and the returns are quite different over time, and that’s how I would think through it. And if you’re an entrepreneur, you should think about that as well, right? What are the implications of taking money from certain funds versus others in terms of the expected returns, expected time allocated to you? For example, if you’re not doing very well as a as a company, right? Will the big funds spend the same amount of energy on you if you’re not doing great and all of that? So it’s a little bit sort of a beware, open your eyes, both for limited partners and for startups. What do you actually want, right? What do you want from your VC firm if you’re a startup? And what do you want from your VC firm if you’re an LP? Bertrand I must say, as an entrepreneur, uh, a board member, I have seen some situations where the bigger funds are actually trying sometimes to elbow out the existing investors. Like, uh, we have that much money to put to work, we cannot do less. And you’re like, yeah, but I don’t need that much money. And then they’re like, okay, just don’t let your existing investors do their pro rata. I don’t think it’s great because an entrepreneur, if your investors, your VCs, trusted you earlier stage when it’s more risky, and when it’s becoming less risky, you don’t give them the right to their pro rata because you have to let this big guy come in. That’s not great. Or even if there is not this pro rata issue, when an investor tries to put more money to work than it’s really necessary, it’s also not a good idea as an entrepreneur to take more capital than you could use. It will dilute you more, it will set higher expectations in terms of valuation, it will push you to use that capital faster than maybe would be reasonable. So I think that’s something you want to be careful with the bigger funds. So don’t talk to funds that are in some ways beyond your stage and try to make it work in that context. Or don’t accept to have your strategy change dramatically for no good reason by funds that just want to put too much money to work in your business. And that for me is surprising because it should also be in their best interest not to invest in businesses that are not ready to accept that much capital. But as we have seen, there were in the past some funds that believe that capital is a moat. Was a good idea. So hopefully, I guess we’re a bit behind that. But yeah, I would say entrepreneurs, be careful, find partners that are the right partners for you at your current stage. Sometimes some big names look great, but at the same time, if it comes with a lot of issues, from too much capital to also taking the risk that these partners don’t understand the stage of the business you are in or your industry, Just be careful. There is a lot of value to have firms that are very focused on your stage, on your industry, are finely attuned to that situation. Nuno What Comes Next? Maybe to end in terms of sections, what comes next? And maybe we can come up with some predictions that are a little bit provocative on what’s going to happen to the market. You, if you’re listening to us, feel free to interact with us on LinkedIn, on X. If you have our email address, shoot us an email as well. We’d love to hear from you if you think these are the right predictions or if we’re totally off. Maybe I’ll throw in the first one, Bertrand, and we’ll go one by one. So we’ll each put one at the table and see where we head. My first one is that we’ll have a huge culling of VC investors. We had this rapid expansion of the VC asset class with arguably at least tens of thousands of firms globally, maybe even over 10,000 in the US. I think we’ll have a culling and the culling will continue and we’ll have several firms sort of getting eliminated over the next couple of years that will have either because they’re having tremendous difficulty doing their first close in their next fund, or the returns are not there, or it’s a firm that has done 3, 4 funds, but for some reason the returns have just gone out of whack in the last few years during the bull years. And so therefore, actually they can’t justify to raise more funds out there. So I predict there will be a significant elimination of active firms in the next at least 2 to 3 years. So maybe by 2028, and we’ll be below, I don’t know, 30% of number of active firms that we are today. The other side of it is I do think if we look beyond that, 2029, 2030, and so on, we’ll have the reemergence of not micro funds, but nano funds where people will start deploying capital very, very early and writing small angel checks, but doing it in a way that it’s sort of not this cottage industry that we’ve had of angel investors. So I think angel investment will be disrupted by people that will use more and more of the AI toolification out there to actually manage their portfolios of 10, 15, 5K investments in a way that is a lot more professional, creating sort of an advent of nano funds. Bertrand Yeah, makes sense. On my side, in terms of prediction, I think there is a possibility that the mega fund model keeps expanding and looks more similar over time to some PE models. So do we have the top 10 VC firms that look more like a Blackstone than a Kleiner Perkins or Sequoia used to be? That for me will be an interesting question and development. I think that there is some possibility that it keeps going in that direction. A lot of incentives are pushing things that way. Nuno My next prediction is that DPI, distributions to paid-in cash on cash, just cash back, will become essential for limited partners. I think TVPI, total value to paid-in, that also has in there, as we just said, paper valuations. There’s a lot of disbelief now around the TVPI metric if there isn’t distributions going alongside it. For those who, again, don’t know what TVPI is, it’s total value paid in, but it also includes DPI. So it’s cash on cash component plus a remaining valuation to paid in, an RVPI. And the problem is the RVPI really, in reality, it’s that kind of on-paper valuation that never gets attributed. I think LPs, they’ve seen the writing on the wall and they’re like, dude, just show me your DPI numbers. I don’t care about TVPI. Some LPs will still ask about TVPI just to make sure that the rest is sort of looking in order. Like, show me the money, show me the cash. Actually, it’s not money, show me the cash, right? I want money back. Bertrand But that’s an issue. I mean, if you’re supposed to raise financing every 3 or 4 years, good luck getting DPI to show for that. So you need to be at least on your third fund in order to be able to show DPI, I guess. Nuno I mean, my corollary to that, Bertrand, is if you allow me just to have a corollary kind of prediction, is that we’ll see certainly for funds like $50 million and above, $100 million, $200 million, et cetera, even increased concentration, right? I really need to have anchors that believe in me over time. And we might start having, again, the advent— we had it some decades ago, the advent of cap table kind of VCs, right? Like Sutter Hill Ventures, right? Where they’re not really raising funds anymore. And so we might have the advent of that, that we’ll have structures that are created that have more permanent capital allocated to them, or at the very least more concentrated capital by very few players. Bertrand Interesting. Me on my side, as I shared before, I believe secondaries are, are important and here to stay. Um, in the past, some could argue, is it a distress signal or something? I, I don’t think it’s true anymore. In a world where your average startup might take 15 to 18 years to exit through M&A or IPO, we need to have other options. For funds, for employees, they cannot be expected to stick around for so long and have no liquidity. I mean, it’s just pure madness. It’s just bad alignment at some point to do that. So I think secondaries are becoming the third liquidity pathway for VCs, for employees, and it should be more and more a key part of the game, a key infrastructure in the VC/startups tech industry. Nuno I mean, on specialized versus generalist funds, I believe we’ll continue seeing the coexistence of those two models where the specialized funds will in many pockets actually outperform generalist funds, but where we’ll continue seeing that the large franchises, the tier one franchises will likely be generalist funds. I mean, we just saw it in the cycle. The AI cycle went upon us. We had a 2021 fund. We could easily adapt and go into AI and figure out that AI was growing very fast. I mean, if you have an ultra-specialized fund and that’s your remit and that’s the only thing you can invest on, very difficult to change even during our investment period. I will put a caveat on that. We don’t call, for example, ourselves at Chameleon generalist. We call ourselves multi-specialized because our scoring models for the verticals that we track are specialized within Mantis. Because the partnership is specialized, we all focus on different areas. And because we have the Kin network that allows us to tap into that level of expertise, Again, I think the world will be specialized coexistence. Some pockets specialized will do very well, certainly on the smaller fund size, but the big franchises will likely look a little bit more generalist. And as I said, multi-specialized from our perspective is the future. We’ll start seeing more and more funds that are multi-specialized like ourselves. Do you want to talk about AI and how it’ll distort the metrics? No. Bertrand Yes. I think AI is an exciting moment in the tech industry. It feels in some ways that the same way we had a big distortion coming with COVID and work from home in 2020, 2021. 2021, where suddenly everyone and their mother will build a SaaS company or invest in a SaaS company. AI feels a bit of the same. I mean, to be clear, I truly believe it’s deserved. I mean, we are facing a dramatic shift in how computing is being done in terms of value you can get from software. So at the same time, AI will probably distort this matrix for a long time. We clearly see a split where investments are going, in what startups are being created. So I think, yeah, we will see some distortion. And we know that maybe 50% of all deal value is going to AI in 2025. We have seen single rounds reaching 40 billion, like to OpenAI. We have seen, as you discussed, some seed stage investment of 400 million. So AI investing and AI startups are definitely a beast on their own. And will distort VC metrics for a long time. And we might need two sets of metrics in parallel, you know, AI versus everything else. So that would be an interesting bifurcation in the industry in some ways. I would say it’s fair to separate AI versus non-AI. We reach a point where it’s two different beasts. Nuno Conclusion So in conclusion, AI has changed the world and it’s changing VC as well, as we discussed earlier in the episode. We have a tremendous momentous occasion for the asset class where venture capital is really bifurcating into very large funds, which no longer are in venture capital or seemingly may be distributed between different asset classes, and the smaller funds, sub-$500 million and sub-$100 million, that keep having the better returns, but also with much smaller scale. We’re seeing a culling of the industry where the industry is definitely getting smaller and smaller and more concentrated at both ends, number of VC firms, as well as a number of limited partners per fund and the interest that some of these limited partners have of being more and more concentrated in their own portfolio allocations. And last but not the least, the discussion around specialized versus generalist, where it seems like there’s some clear winners on some asset classes, on some sizes, in some industries, but on others, there’s other kinds of winners. And so maybe the future is multi-specialized, as I framed at the end. Thank you so much for listening. If you want to check us out and if you want to comment, feel free to send us messages on X, LinkedIn, to both myself and Bertrand, as well as send us an email. Thank you so much, Bertrand. Bertrand Thank you, Nuno.
Work with Purpose: A podcast about the Australian Public Service.
Host David Pembroke, CEO of contentgroup, speaks with APS CALD Champion Jim Betts, Secretary of the Department of Infrastructure, Transport, Regional Development, Communications and the Art, and Nu Nu Win, assistant secretary at the Department of the Treasury, about cultural diversity in the Australian Public Service and the work underway to create a more inclusive and representative senior leadership pipeline. Together, they explore how to challenge assumptions and why the APS still has a long way to go in turning commitment into meaningful change. The episode highlights emerging initiatives across the APS, including sponsorship, stronger staff networks and clearer institutional signals to support fairness, inclusion and better outcomes for the community the APS serves.Key tips:Start with evidence, then act on it. Strong data helps move the conversation beyond assumptions and shows where barriers are real and where action is needed most.Leadership signals shape outcomes. When leaders show a visible commitment to fostering inclusion, it positively influences who feels encouraged to apply, grow and see a future in the Australian public service. Inclusion happens in everyday decisions. Look closely at small moments where choices are made about who is invited in, supported, encouraged or sponsored. These actions can shape long-term career outcomes.The APS has an opportunity to lead. APS leaders have the unique ability to coordinate, act deliberately, and build a workforce that better reflects the community it serves. Show notes:APS Culturally and Linguistically Diverse Employment Strategy and Action Plan | Australian Public Service CommissionModelling Australian Public Service Careers | Tax and Transfer Policy Institute, Crawford School of Public Policy, ANUCross-agency diversity networks (including CALD CONNECT) | Australian Public Service CommissionAPSC CALD Action Plan (2025–2028) | Australian Public Service Commission Hosted on Acast. See acast.com/privacy for more information.
Send us Fan MailThe Krewe looks at how stupidity is romanticized with trips to Cuba, Mandela effects, Georgia State Attorneys, and the "glass wall experiment." We'll sip on another #weeklywhisky of course, this one from Nunu's Markets in Youngsville and Maurice Louisiana.Don't miss another episode where we won't celebrate the stupid, but we'll make sure you get your fill of your Implicit Bias!Support the show
This week we did a recap from our weekend which ended up with Nunu venting about Dj's again. lol We also discussed Ti family versus 50, Tyra Banks documentary, Michael Jordan and much more. We also discussed best features that carried the song. Tune in and let us know that you're listening by following along in the group on Facebook, Teezy Talks Podcast.
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Welcome back! We got Nunu 2 weeks in a row, ANYBODY HAPPY? We talked new music, better albums between Beyonce and Rhianna! We discussed Brorilla and Glorilla situation. We talked briefly about Mike Epps stand up! Toast made an appearance again
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Yet another wildly unqualified gay podcast handing out awards! Welcome to The 2nd Annual Nunu Nana Awards! Today we celebrate the best of what we talked about last year and the absolute worst, with winners chosen by you, our noble campers. ALSO! We have a very special guest announcer: The Tipson Hotel's very own Carey Martin, actress Kim Rhodes! In this episode, we reveal the highhly anticipated results for 8 categories: Excellence in Disruptive Behavior, Daddy of The Year, Mother of The Year, Uncalled for Buffoonery, The Freak Behavior After Freak Behavior Lifetime Achievement Award, Excellence in Twisting The Plot, Take A Hike of The Year, and Camper Crush of the Year! Thank you for voting, and congratulations to tonight's winners.This episode was mixed and edited by Kevin Betts.Get your tickets to see Zachariah Porter's new Live Comedy Tour!Want BONUS CONTENT? Join our PATREON!Sponsors:➜ Cancel your unwanted subscriptions and reach your financial goals faster with Rocket Money. Go to RocketMoney.com/CAMP today. ➜ Go to BollAndBranch.com/camp to get up to 25% off sitewide! Exclusions apply. See site for details.➜ Go to Progressive.com to see if you could save on insurance.Camp Songs:Spotify Playlist | YouTube Playlist | Sammich's Secret MixtapeSocial Media:Camp Counselors TikTokCamp Counselors InstagramCamp Counselors FacebookCamp Counselors TwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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O le nunu (gout) e mafua mai i le tele o le uric acid i le tino o se tagata. Na saunoa Dr Samuela ‘Ofanoa, o tagata Polenisia e sili atu ona a'afia i āuga o le nunu ona o le faigatā i le tino ona fa'amamā le uric acid.
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The Time Riders: Part 9 Planning Another Vacation Time Travel. Based on a post by BiscuitHammer, in 16 parts. Listen to the Podcast at Explicit Novels. Cast of Characters: Mark Simmons: 18 year old High School grad, enamored with Miss Becky Fischer. He finds the time machine and builds a new life. Uses various aliases in traveling. Rebecca 'Becky' Fischer: Mark's Physics teacher. Very intelligent, in her later twenties, Shapely Tall Blonde, lusty bisexual, D Cup tits. Martial arts expert, Uses various aliases in traveling. Henri: Claims to be a French physician and Apothicary. Chester Edgerton: Time traveling mentor, living in 17th Century French village. Cardinal Richelieu: ‘The Red Duke'. Statesman and Roman Catholic Cardinal. Dispises Queen Anne. Alexandra D'Assaut ('Alexa', or 'Lexi': Lady in waiting (and trusted advisor) to Queen Anne of France, Lusty bisexual, Very Tall, Busty DD tits, long golden blonde hair, Blue eyed. Lisette: servant (and lover) of Lady Alexandra, young, bespeckled brown eyes. Short, shapely, with wavy dark hair, bisexual. Dhallyla: Mark's mother. Roxy: Mark's sister. Nanu: An Egyptian slave of Pompeneia Flavius, purchased by Becky, dark complexion. Pompeneia: Roman hostess of Orgies. Lusty wife of Flavius, Mother of Domitia, bisexual, tall and shapely. Flavius: Roman aristocrat, husband of Pompeneia, protective father of Dometia, Domitia: Lusty young daughter of Pompeneia and Flavius. A pledged Vestal Virgin, Escapes to Sumeria when sentenced to death by starvation by Roman court. The Retiallis: A gladiator of the Collosseum. Prefers the trident spear and netting, to subdue opponents. Escapes to Sumeria. Rullus: A bulky gladiator of huge physical dimensions. Has an affection for Achilleia. Escapes to Sumeria. Achilleia: A fierce female gladiator. Prefers the whip and sword as weapons. Has a crush on Rullus. Escapes to Sumeria. Roxy stomped out of his room, trying to not slam the door behind her. Once he heard her heading down the stairs, Mark sank onto the corner of his bed and exhaled loudly, another shiver running up his spine. He suddenly had to pee. Had he really told Roxy the truth? He hadn't planned to, but he didn't exactly know what he planned to tell her, either. Now that he thought of it, telling her the truth was even more ridiculous than any appreciable lie he could have come up with, wasn't it? Of course she wouldn't believe him about a time machine, and she was quite reasonable not to. Just because it was true didn't mean she was committing an error in judgment. But now what? He had no idea how long her coerced 'promise' would hold her. She was really hot under the collar, and Roxy didn't take losing well at the best of times. He'd just have to be careful, he supposed. More so. He sighed and looked down at her little weed pipe, still in its baggie. In a moment of panic, when Roxy had been standing over him and threatening to slug him across the jaw, he'd made an instant decision; taking a lesson from his playbook with Becky; and resolved that he would get into Danni's house and filch the pipe, because he knew Roxy kept it there. He'd heard her talking over the phone about it with Danni at various points, and never really thought anything of it. Until now. He was familiar with Danni's house, since she'd been best friends with Roxy since they were little. When the two families were having dinner together, the girls had often dragged Mark upstairs and dressed him in girl's clothes and put makeup on him, like he was a doll for their tea parties. He also knew that Danni's parents didn't care if she smoked, because he'd heard Roxy lament this fact over the phone, wishing her parents were that cool. He squeezed his eyes shut, trying to do the math of all this in his head. It would take Roxy thirty minutes to reach Danni's house in her car, to ask what the Hell had happened. But Danni would protest, insisting she'd never betray her friend and give Mark the pipe. Then she'd prove it by showing Roxy it was exactly where it was supposed to be, which was taped inside to the top of her underwear drawer. Only it wouldn't be there. Unless Mark went back to Danni's place and stashed it again, before the girls got up to her room. And then got out again. That'd really fuck with Roxy's head, and make Danni think Rox had gone insane. It took eight minutes for Mark to fire up and prime the Holmes Field Device, which was sitting in a corner in the basement that no one ever used. It was dead space, and as safe as any place else could be that wasn't Becky's basement. Eight minutes to prime it and program in the coordinates and the time. Like, literally a minute after he'd apparently gotten the pipe out of there to begin with. What? His mind was almost spinning at the logic flips. He had to return the pipe before he actually stole it? When did he steal it if he hadn't done it before returning it? And did that mean he had to steal it twice? He could account, apparently, for Danni not being in her room the first time, because he'd seemingly gotten away with it. If he landed a minute or so after he had burgled her, he would have the time he needed, he hoped, before she came back from wherever she was. Return it; steal it later, when no one is looking, then return it; I think. He heard the distinct sound of Roxy's Mustang roaring away down the road angrily. He somehow doubted that he had thirty minutes. What if he miscalculated and got caught? The obvious issues aside, how did he explain the Holmes Field Device? Could he explain it? People in this era thought time travel was fanciful sci-fi, after all. What happened then? He dropped the baggie on the bed, clasped his face in his hands and groaned, the number of calculations he needed to do making his head hurt. He really needed to stop pulling his solutions out of his ass, he was going to give himself a time-hemorrhoid. Time was wasting. "Wow, Mark," Becky mused as she sat in her lounger, sipping at the Falernian wine. Her bottles were almost gone, and they'd soon have to go back to their secret place in the woods and get more. It had been a rather involved operation, getting the giant vats aged a certain number of years back in the Roman era, then transporting them into the present and burying them again, so that they had a large stock of perfectly aged wine. "You sure like to play with fire, don't you?" "Tell me about it," he said wearily, as he sat on the couch, long pull drink from his own wine glass. "Can't believe it went off without a hitch." "You were near death that first night with me," Becky said rather somberly, concerned about the stress on her student's face. "And that only required one trip on your part, and my belief in myself. This little circus, however, I'll be amazed if your time cops don't show up to lecture you again. You'd deserve it." "I felt trapped, okay?" he said, trying to keep the exasperation out of his voice. He knew Becky was right, and he didn't want to snap at her. It had just really worn him out. He'd lost track of when he was supposed to be there, and how often. He'd eventually concluded that dumb luck had saved him from criminal charges, not to mention any other headaches. "I just; when telling her the truth didn't make her go away, I jumped into my playbook, which at this time, consists of what I did with you." "What would you have done, exactly, if she'd believed you about the Holmes Field Device?" Becky queried, looking at him with interest. He considered and gave a halfhearted shrug. "I guess I knew she wouldn't, because if I told Roxy I was a guy, she'd yank my pants down to make sure. But to answer your question, I; I dunno. I was just really outta options." "I know you know this, Mark, but we obviously have to find ways for you to be even more careful," she said in a gentle tone. "You haven't timelocked yourself yet, but I wouldn't be surprised if you came really close there." "No shit," he muttered, scowling at his glass. "Sorry, just stressed." "Oh, poor baby," Becky cooed, getting out of her seat and coming over to sit down next to Mark. She pulled him into lean on her and then rested his face between her opulent tits, knowing exactly the effect this would have on him. "Just relax, it's all fine now." Mark sighed and nuzzled into her tits, relaxing a little. His teacher's scent and her glorious softness had a calming effect on his frazzled nerves. "Uhd, we should go on vacation in some remote time for a year or so. I could use it." Becky giggled, stroking her fingers through her student's dark hair. "If only we could." "Well, why couldn't we?" Mark reasoned, still nuzzling and refusing to leave his nest. "We've got a time machine, don't we?" "Mark, a two-week vacation is one thing, but longer stretches are problematic." "Why?" Becky sighed and put down her wine, opting to just hold him while he nuzzled her boobs. It wasn't like she didn't enjoy the sensation, after all. She knew that Mark, even though he was at least as experienced a time traveler as she was at this point, was still an eighteen-year-old boy, who had failed her Physics course. He just wasn't good at this stuff yet. But he took her with him readily, and she would have all the patience in the world until he caught up. If he ever did. "Mark, let's say you and I did indeed go on vacation for a year, somewhere in the time stream," she began, still stroking his wavy, dark hair. "And let's say we left tonight." "Sounds good, I'm in," Mark replied in a muffled tone. She smirked and continued. "And we come back after a year, to, say, an hour after we left, no one would notice, right?" "That's the beauty of it," he agreed, nodding in her boobs. "But we'd notice," she pointed out. We'd be a whole year older than when we left. When you got back, everyone would be trying to celebrate your nineteenth birthday, when, in reality, you're twenty. And you're the only one aside from me who knows it. Thanks to my captivity in the Louvre, I'm already a month older than our calendar indicates, so my birthday is technically inaccurate." He paused as he considered what she was saying. "And let's say, God forbid, that the time machine broke down somewhere in the past," she said, her voice taking on a serious tone. "Neither of us knows how to fix it, and there's absolutely no guarantee that we'd be able to find someone who could. What if it took the two of us five years to repair it, against all odds? We'd arrive back, an hour after we left, if we could, and everyone would notice we were magically five years older. I'd be thirty, you'd be twenty-three. We'd both look somewhat older, undoubtedly. How would we account for that?" Mark said nothing, just listening. "The only alternative would be to arrive five years in the future, to make up the difference, but then we've been AWOL with no explanation for five years," she continued. "Sure, maybe you can say you joined the merchant marines without a moment's notice, but what would I say?" She took his chin gently and turned his head to look up into her blue eyes. "We can't mess with the time stream and people's lives like that," she said quietly, almost sadly. "We're not from an era where time travel is the norm and people know what to expect." "You sure know how to take the fun out of time travel, Becks," he sighed, shaking his head. She giggled and cradled him in her bosom again, knowing he didn't mean it. "Silly," she cooed, jiggling her tits against his face a little. "You know better than anyone how much fun I can be in the time stream." "Yeah, that's true," Mark admitted, smiling and turning over on his back to look up at her while he lay in her lap. She was wearing black yoga pants, and a tight tank top and gave her impressive bust lots of breathing room. "But I really could use a little time away, to be honest. This nonsense stressed me out." "I'm sure it did, and hopefully you'll start thinking about these things ahead of time," she agreed, poking him in the nose. "In terms of what we could do, I have been giving the matter some thought." Mark raised an eyebrow. Becky never had bad ideas. Not compared to his, in any event. "I'm all ears." "Hardly," Becky giggled, reaching her hand down to gently cup his crotch beneath his jeans. "Let me explain first. You're not the only one with a predicament, although mine isn't necessarily self-inflicted." "Still listening," Mark said dryly, noticing the cheerful jibe. "It's difficult, being separated by three months the way we are," Becky said, caressing his cheek. "You, the Mark lying in my lap, you're from my upcoming summer. Me, I'm still waiting for the school year to finish. And three times a week, I see you in my classroom, and have to remind myself that the you sitting in that desk is not only still a minor, still, but has absolutely no idea about any of this." Mark said nothing, considering. "And I have to constantly be on guard, making sure I'm not sitting behind my desk, gazing at you dreamily in an off moment, or reminding myself not to sext you from the bathroom." "Damn, now I kinda wish you had," Mark mused, making her snicker. "Silly. What I'm saying, is that I think in the very near future, we'll need to not see each other for three months, as agonizing as that sounds, so that I can catch up with you." Mark screwed up his face as he thought about that. "That does sound sucky." "Oh, it won't be for you," Becky pointed out. "You get to hop on your time machine and return to three months from now, just like you always do every time we meet up. You won't even notice the difference. But you've also very tacitly avoided my future self for now, haven't you?" He nodded. "Yeah, you said to. Not that hard; it's a big city, and you told me where you tend to be at any given time, so it isn't much of a challenge." "Well, I want to catch up," Becky said firmly. "I want us to be on the same relative time frame, so that we don't need to worry about twists and so on, where things can go wrong. And if that means not seeing this you for three months," she whispered, placing her hand gently on his crotch, "and no time travelling for me because you've got the Holmes Field Device, then I'll manage. But it needs fixing, Mark." "Okay, done," Mark agreed, nodding. "But you mentioned something fun, which hasn't come up yet in this presentation so far." "Well," Becky began again. "I was thinking that we really should go and get Nanu and bring her forward with us. "It's not fair to leave her in that villa by herself. She doesn't really know how to look after herself, after all." "But we can keep visiting her," Mark pointed out. "She doesn't understand time travel, she'd hardly notice." "If we keep coming back to the same point in time to visit her, or at least within the same period frequently, it's true that little or no time will have passed for her," Becky said. "But we have our own lives, and goodness only knows when we'll have the time to pop out to Imperial Rome again. Years might pass for us before we can see her. How would we explain how much older we look to her?" "That again," Mark sighed, resenting the mathematical drudgery of time travel. "Yeah, that would freak her out. And as far as she's concerned, I'm still your slave, and she is too." "It's a notion I'll have to disabuse her of, once we bring her back here," Becky confirmed. "But I was thinking we'd have some fun when we go back and get her, and then she could stay with me. I'd spend our three months apart teaching her about our time and world, and when you meet us, we'd all be caught up together. Sound good?" "Well, I can't imagine it not being fun if you're around," Mark replied, grinning and sitting up, feeling considerably better after this talk with his teacher. "What're we gonna use to get the funds?" "Well," Becky said, making a cute show of thinking. "I've actually checked with that chroniques dealer? The one over on Adelaide that we were directed to?" "You've been busy!" Mark laughed, putting his arm around her shoulder. "I like to be prepared," she purred, snuggling into his side. "Anyway, I told him about my complete collection of Monchhichi minis that I inherited from my older cousin when I was young. Never did anything with 'em, because they just took up shelf space. But he's willing to give me a lot of money for them, apparently they're huge in the thirty-third century." "Well, of course they are," Mark said, rolling his eyes. "I; what the Hell are they, anyway? Never heard of 'em." "Oh, just collectible figurines from Japan in the Seventies, they look like cute little lolicon monkeys, along with a plushie toyline and several cartoons," she explained, waiving dismissively. "I couldn't care less about them, and if they make some person happy thirteen hundred years in the future, great. I'm getting lots of money for 'em." "Okay," Mark agreed, shrugging. "I was gonna sell my dad's Rock 'Em Sock 'Em Robots or Micronauts if we needed the geld. I'd probably get a good price on those, too." "You will," she confirmed. "But my lolicon monkeys are worth more, so we'll use them. So, we'll go see Nanu, tell her what's really up, have a lot of fun, spread my money around, and then bring her back. Sound good? I think two weeks of solid sucking and fucking should make you forget your woes." "I can hardly wait," Mark declared. "Why wait at all, big boy?" she purred again, as she undid his fly and bent her head down while fishing his cock out of his pants. Nanu sighed as she sat on the solium, kicking her legs back and forth slowly as she looked at the mosaic on the floor. It had been over a week now since she had seen anybody, let alone her mistress. As gorgeous as her surroundings were, this expansive villa hidden in the distant hills outside of mighty Rome, she was decidedly lonely. She'd never really spent any appreciable time by herself before Lady Aurora had purchased her from the Flavians. Despite her mistress' unwelcome absence, she found herself smiling as she thought of her. Lovely, lovely Lady Aurora Horatia; tall, with long, golden blonde hair, sparkling blue eyes, sensuous lips that were always parted to show her white teeth and radiant smile. Her thoughts turned to the lady's other parts now, and she blushed. She thought of her mistress' lovely neck, supple shoulders, her large, perky bust, trim waist and glorious, tight ass. Nanu felt warm as she pictured Lady Aurora's cunt, which she kept smooth and clean; so unusual for a Roman patrician woman. She had long, strong dancer's legs, just like Nanu. She remembered how captivated she'd been while she watched Lady Aurora dance at the orgy. Bonosus. Lady Aurora's principal slave, and her lover. Dark, wavy hair, and deep brown eyes; he was unnaturally tall, at least to Nanu, with an athletic build, broad shoulders, and a small waist that was hard to the touch; and his cock was huge. It had felt like it was tearing Nanu apart when she rode on it with wild abandon. She came out of her reverie and looked around again, sighing forlornly. The villa was beautiful, with plastered walls covered in colorful frescoes, mosaic floors, indoor bathing chambers and toilets, beautiful gardens, a stream just behind the building, and all the delicious food she could eat. She had all the creature comforts any slave could ever want, but it was still quiet and lonely for her. She looked down at herself, using her fingers to pull slightly at the material of the top of the dress she wore. It was a spare garment, made of quality linen, one of several Lady Aurora had bought for Nanu from the Flavius family. Of course, the slave girl was thrilled beyond words to wear such a thing, and in all ways, she saw her ownership by Lady Aurora as a turning point in her life, the beginning of something wonderful beyond words. She and Bonosus were the luckiest slaves to ever live. But not if she was so very alone. Nanu, born into poverty in the tiny settlement of Akhmim in Egypt, the youngest of twelve children. Sold into slavery to the Flavians at a tender age to help feed her family, she'd lived a hard life, doing the most menial of tasks for the wealthy Roman family at their home in Tepihu, far up the Nile. But then they discovered she could dance, and dance well. She was sent to the principal Flavian household in distant Rome, a place she'd only ever heard of, and could never imagine. She danced for the patriarch and his wife, and they agreed to keep her on, as long as her legs held out. So Nanu danced relentlessly, determined to never return to the misery she'd known before. Within a year, she was the leader of the dancing girls the Flavians owned, and whatever jealousies the other girls might have held were quickly cast aside. Nanu understood that if she treated them all equally, she was more likely to prosper, rather than looking after only herself at their expense. She was lovers with all of them, and it wasn't long before she was fucking the lord and lady as well. Her position was as secure as a slave's could be under such circumstances. True, she was still punished, quite often for things beyond her control. But the Flavians were not overly harsh with her, having her flogged with short, thin reed brooms, to avoid scarring her. It hurt, and she cried, but she inevitably recovered, usually to be fucked by Master Flavius as she soon as she could walk. She left the chair and walked over to a small table, on which sat a highly polished silver mirror. She picked it up and looked at herself, pursing her lips, assessing her features. She'd always concluded that she was at least somewhat attractive, since men (and women) always wanted to fuck her. She was aware that being a highly trained dancer gave her a desirable physique for a slave, and her strong, taut muscles kept her cunt tight. Her tits were not overly large, but were pronounced from her torso, and jiggled when she danced or ran. She thought they swayed nicely when she walked. She had the creamy bronze skin of the people of the Black Lands, children of the pharaohs. Her thick hair was a glossy blue-black, and she kept it trimmed to just past her jaw, in the manner of women in her country. Her eyes were a warm hazel, with tawny flecks many of the other dancing girls described as bewitching and seductive. If only she could- "Well now, if it isn't everyone's favorite dancing slave," quipped a lyrical voice from nearby. Nanu's head snapped around and she cried out in delight as she espied Lady Aurora standing in the door nearby, with Bonuses just behind, looming over her and grinning. Nanu had been so wrapped up in looking at her reflection and feeling sorry for herself that she hadn't even heard them approach. "Mistress!" the Egyptian girl called out as she darted across the room and threw herself into Lady Aurora's waiting arms. "Magistra! How I Have Missed You!" "We've missed you too, Nanu," Becky said softly, hugging the shorter girl and kissing the top of her head while Nanu burst into tears. "I'm sorry we were away for so long." "It felt like forever, mistress, I won't lie," Nanu said, choking back her sobs before pressing her mouth to Becky's and kissing her fiercely. Becky returned the kiss gladly, and the women greeted one another with tangling tongues and wandering hands for nearly a minute before they needed to breathe. Nanu looked up at Becky now, her eyes still wide and wet with emotion. "May I; may I say hello to Bonosus, mistress?" "I'm pretty sure he's counting on it," Becky said, stepping aside and giggling as Nanu flung herself against Mark, kissing him feverishly, but with her hands predictably snaking down his frame and under his tunic to fondle his cock. "Goodness, girl, did those toys I left get no love from you in my absence?" "Oh, mistress, they got loved day and night," Nanu replied, turning to look at Becky since she was being addressed. "But I do not need to tell you that it is hardly the same as the real thing, as to have a real lover. And I am sorry if it makes me sound deficient, but; I am not good at being alone. I am not at all used to it." "Oh, I'm sorry, darling," Becky said as Mark picked Nanu up in his arms and carried her back into the room. Nanu had her arms around his neck, and seemed to be in absolute heaven, now that the two most important people in her life had returned. "But we're back now, and we have no intention of leaving you behind again." Nanu looked curious. "Won't leave me behind again; are we going somewhere, mistress? Are we to leave the villa?" "It will take some explaining, I promise you that," Becky answered, nodding. "But first, I think the three of us should fuck one another stupid all over the villa, don't you?" Nanu's face lit up at her mistress' suggestion and she nodded eagerly. "Yes, mistress! I want to fuck you both until I cannot see or walk straight!" Becky made a grand gesture with her hand, taking in the whole villa. "Then you may pick where we fuck, my love. Anywhere, as much as you please. We await your pleasure." Nanu looked around in almost breathless excitement as Mark put her down. She didn't know where to begin, only that she wanted to fuck Mistress Aurora and Bonosus in every single area of the villa. She'd been so glum that she barely noticed how horny she was. Now the rampant feelings of lust washed over her, and her cunt was shamefully wet. She grabbed Becky's hand and pulled her excitedly along through the house. "This way!" she exclaimed, her eyes wide with anticipation. "I want us to bathe and fuck!" Becky and Mark laughed as they followed the Egyptian girl into the small antechamber in front of the sudatorium, which Mark and Becky would normally identify as a sauna. They were amazed at the speed with which Nanu had not only removed her own clothes, but also undressed the two of them. Clearly she was in great need and had no intention of waiting. She had apparently lit the fire to heat the small room earlier in the day, for her own use, and now all she had to do was scrub the three of them down before bringing them inside. With a small sponge and rough linen cloths, she did this quickly. She then brought them into the sweat room, which was filled with steam already. Rocks in the little containment chamber over the brazier heated water and caused the steam, while small pouches of herbs hung over the rocks, and wine dripped through them to sizzle and evaporate, giving the steam a heady, aromatic quality that often left guests somewhat drunk. The three now stretched out on the wooden benches that lined the wall, sighing and relaxing for a moment before Nanu's eagerness overtook her. She crawled on top of Becky and kissed her deeply, squirming her body down into her mistress' while they fondled one another. Mark watched on lazily, knowing that the day was young, and it was best that he conserve his strength. Keeping up with Nanu's libido was no small task, not to mention Becky's once she got going. It wasn't long before the two girls were locked in a slippery, trembling sixty-nine, moaning as they lapped at one another's twats and fingered each other's puckered knots. Nanu came so hard she almost shrieked inside Becky's cunt, while the blonde goddess shuddered and speared her tongue deep inside her lover as she came, glazing Nanu's face with her cum. Both girls seemed almost to become puddles, sighing languidly as they lay together, bodies shining with sweat. Through the haze of steam, Mark could see them kissing one another's pussies gently, and the look on Nanu's face could only be described as rapture, mixed with a sense of relief and contentment. She was so happy her mistress had come back to her. But Nanu recovered quickly, turning her head to look at her fellow 'slave', whom she knew as Bonosus. Mark was lying on his side on the bench he occupied, idly stroking his cock. Nanu had already focused on his manhood like an arrow, and managed to extricate herself from Becky without disturbing her mistress' bliss, and crawled across the tile floor on all fours, her hazel eyes glinting. Without waiting, she knelt next to him, moved Mark's hand aside, and took his cock into her grip. She began stroking slowly and gently, before leaning in to kiss the swelling tool lovingly. She swirled her tongue around the head, then up and down the hardening shaft several times, her hand following her tongue. Then she popped her mouth around the head and slowly pushed down, humming as she moved wetly down his length. Mark sighed in pleasure and began running his hand through her raven hair. Becky now watched, caressing her creamy cunt as she gazed over at the lovers. Mark was half on his back, half on his side, while Nanu was kneeling on the floor, bent over and bobbing up and down on his stiff cock. Her tiny hand made a gentle twisting motion on the smooth skin of his shaft, following her warm, wet mouth. Becky smiled, knowing how great it was to give her student head, since she'd done it countless times herself now. Things would be so much easier for them all when she finally caught up with him in the timeline. Mark stroked down Nanu's back and reached her ass, giving one of the tight, perk cheeks a squeeze before nudging her. Nanu took the hint readily and stood up, clambering over Mark's face and looking down his body. The bench wouldn't have been big enough for Mark and Becky to do what was now happening, but Nanu was considerably smaller than Becky, and somehow managed. She leaned down his body, crying out suddenly as Mark pulled her ass cheeks apart and slid his tongue around her gooey cunt. She trembled and squirmed for several moments before composing herself and returning to the task of sucking on his cock hungrily. He was at full mast now, and Nanu's tiny hand could hardly fit around the girth of his shaft. Amazingly, though, she could take his manhood all the way inside her mouth, and down her throat readily. Becky's slave was as gifted as she was shameless, clearly. Nanu grunted as Mark slid one of his fingers inside her ass. Mark had larger hands than most people from her home era, and his finger was larger than some dicks she'd had back there before. Or at least, it certainly felt that way at the moment. She accepted the intrusion willingly, squirming back against his hand, and squeezing her tight tunnel around it while he massaged her cunt and clit with her tongue. She let out little moans, still bobbing up and down while giving Becky a sidelong look with heavily lidded, glazed eyes. Determined to not be left out, Becky slowly rose from her bench and wiggled over across the small area. She observed the setting with a critical eye for several moments, working out the logistics of how to best fit into this carnal puzzle. Just like she could not readily engage in a sixty-nine with Mark on these relatively (to them) narrow benches, she could not straddle him and fuck him to proper effect either. The answer presented itself quickly. She eased Nanu up into a sitting position over Mark's face, and if the slave girl was disappointed in having to relinquish that delicious cock, the feeling quickly gave way to yelps of delight as she sank her cunt even further down onto Mark's tongue, squirming and grinding lustily. Becky pumped and stroked Mark's cock steadily for several seconds, making sure he would stay hard. He was lying down the length of the bench, his tool ramrod-erect for her. She then stood and moved over his midsection, facing out into the tiny chamber. She bent her knees and reached under, steadying his throbbing cock while she guided it to her cuntlips. One she had him in place, she slowly sat down, sighing as he pushed up inside her steaming depths. Her ass come to rest on his hips, while she sat sideways on him, pinned to his cock. She closed her eyes and just savored the sensation for several seconds, her fingers flexing against his stomach and his knee, respectively. She finally opened her blue eyes and turned her head to smile at Nanu, who was moving up and down slowly on Mark's tireless tongue. Becky leaned in toward the slave, who immediately moved her torso forward to meet Becky. They kissed over Mark's long form, tongues tangling while Becky began to move up and down slowly, loving the feel of this unique position with him deep inside her. The threesome slowly squirmed and undulated against one another, time lost within the confines of the tiny, steaming chamber. The dim, amber light of the fire beneath the heated stones was their only illumination, but in this misty, ethereal sitting, it was utter perfection. The scent of spiced wine mingled with the aromas of bodies making love. Becky could taste the wine in Nanu's sweat as she drew her tongue along the girl's collarbone and over her tits. "I think it's about time for you to fuck Nanu and cum in her, Mark," Becky panted after several minutes of churning up and down on his thick rod. She was massaging and groping her tits, or Nanu's as she rode. The Egyptian girl had reached forward and was massaging her mistress' cunt dutifully as well. "It's been a few weeks for her, and you just filled me up this morning." "Relatively speaking," Mark quipped from beneath Nanu's writhing hips. "You sit on the bench and spread 'em, Becks, and she can kneel and lick you. I'll get behind her." Becky had no problem with this plan, and quickly coaxed Nanu off Mark's face, to kneel on the floor in front of her. Nanu's eyes widened with delight as Becky smiled and parted her legs, before reaching down with two fingers to spread her thick nether lips wide, exposing her glistening inner pink to the slave girl. Nanu practically dived in, and Becky grunted and almost jumped, clasping the girl's head suddenly, her feet leaving the floor. "Nuh, fuck!" she wheezed as Nanu began lapping at her like she was eating her last meal before she died. Her fingers gripped Nanu's black hair while she began grinding her snatch against the girl's face desperately. Nanu licked cunt like nobody's business. Mark, meanwhile, had positioned himself behind Nanu, and lined his cock up with her dripping twat, holding her by the ass cheeks. Nanu trembled while he slid his cockhead up and down her slippery lips, and against her tingling clit, making her squeak and whimper into Becky's cunt. He braced her for only the briefest of moments before sliding inside her without any warning, sinking in to the hilt. The Egyptian slave-girl wailed in ecstasy as he forced her wide, pinning her to him. Mark began fucking Nanu with a steady, strong pace, and she yelped into her mistress' cunt with each thrust, even while lapping at her pink twat hungrily. Her face was shining with sweat, and Becky's wetness, her tongue thick with the cloying sweetness of the blonde woman. Nanu's head was spinning in delight. Surely this was the heavenly afterlife? Becky almost curled up on herself, her fingernails threatening to leave grooves in Nanu's scalp as she shook uncontrollably and came, barely able to keep herself from screeching. She slathered Nanu's face in her essence, her entire body tingling with fire. Nanu shuddered and writhed, wailing as she came, her cunt tightening around Mark's cock fiendishly. As if on cue, Mark arched his back, gritted his teeth and growled, pumping all his cum inside Nanu, thrusting strongly. The trio rocked and writhed in depraved unison for close to a minute before Mark leaned forward on Nanu's back, breathing heavily. Becky sighed in exhaustion, sinking down on the bench, her cunt pressing into Nanu's face. The slave girl, pinned in place between her mistress and her fellow slave, simply held still, surrounded by warm, slick flesh and gently caressing fingers. She could still feel Bonosus throbbing deep inside her, and her mistress' cunt oozed against her mouth. She felt so blessed and safe like this. But then she looked up from between Becky's legs, her own glinting with eagerness. "Come! I know where we need to fuck next!" And with that, the Egyptian girl extricated herself from between them and wiggled quickly out of the room. Mark groaned and sagged forward between Becky's tits, and she held onto him wearily. "Now I know why we can't leave her for weeks on end," he mumbled in her cleavage. "Because we won't survive the backlog of fucking we need to do;” Nanu was sitting in the chair, her expression one of bewilderment. She seemed to have forgotten the goblet of wine in her hand, and she sat with her arms and legs tucked in close to her body. Clearly, she was confused and feeling uncertain about what she was hearing. "You're; mistress, you're not a Roman at all?" she asked quietly as she stared at Becky. They were sitting in the atrium of the villa, and it was a quiet evening. Birds sang, and a gentle breeze caressed their faces and the nearby blossoms as it dipped over the villa and into the central opening. Becky shook her head, knowing that this was going to take a lot of patience on her and Mark's part; and even more on Nanu's. Everything she was in the process of telling the girl would sound completely preposterous, even more so than Mark's explanation to his sister the day before. "No, Nanu, I'm not a Roman of any sort," the blonde woman confessed, trying to smile. "And my name is not Aurora Horatia. My name is Rebecca." "Rebekah?" Nanu queried, making a wry face. "That is a Hebrew name." She looked Becky up and down skeptically. "You don't look like a Hebrew." The slave girl looked at Mark. "And your name is not Bonosus, and you're not a Roman either?" He shook his head. "Nope. I'm Mark. And Becks is actually my teacher." Nanu squeezed her eyes shut for several seconds and when she finally opened them, they were filled with worry. "Are; are you going to kill me?" Despite herself, Becky burst into giggle fits at the question. Nanu looked confused, and then slightly irked at the response from her 'mistress'. She thought it was a perfectly reasonable question, under these circumstances. She folded her arms, crossed her legs, and looked off at the sky over the far wall, annoyed. "I'm sorry, Nanu," Becky said finally reining herself in. "I wasn't laughing at you, I mean it. It just wasn't what I expected to hear at all, and we both love you too much to ever consider killing you. Hell, I'm not sure we could if we tried." "Well I don't know what to believe," sniffed the younger girl. "You've bought me, and taken me away from a comfortable, if not happy life, and nearly gotten me killed at least once, and then there was that; thing; that you two ride around on;” "The Holmes Field Device," Becky said, nodding. "It doesn't just take us where we want to go, it allows us to travel through time, which is why we are here at all." Nanu shook her head, indicating that she had no idea what Becky meant. The teacher leaned forward slightly, smiling. They weren't sitting that far apart, but she had allowed for a small amount of distance between them, so that Nanu didn't feel trapped or pressured if she took all this poorly. To be honest, she was taking it surprisingly well, even if she wasn't buying all of it. "Nanu, I apologize for asking simple questions, but please bear with me;” she said quietly, noticing that even if she was listening, Nanu was now staring at Becky's cleavage, framed between her arms while she sat forward. Mark was staring too. Some thing would never change. "You understand the concepts of yesterday, today and tomorrow, yes?" Nanu nodded slowly. "Yes, mistress." "Do you ever wish you could visit days that have gone by?" Becky asked. "Like maybe go back and visit your childhood, or meet some member of your family who was lost years ago? Or even see the Sphinx getting built?" The girl looked confused again. "Suh-finx?" Becky looked at Mark, hoping for some help. He still had the chip that let him speak Egyptian in his head. He pondered the issue for a moment before the tiny computer in his noggin gave him the answer. He looked at Nanu and smiled. "Horemakhet." Nanu's eyes went wide. To see the Horus of the Western Horizon being built by the gods. She shook her head. "What you say is impossible!" Becky smiled now, not blaming Nunu for her disbelief. "Nanu, a long time ago, people would have thought that chariots were impossible, that mastering fire and steel were impossible. But you know they're not just possible, you know that these things are fact." Nanu nodded, willing to listen to her beloved mistress, who apparently wasn't her mistress. But she listened. "Mark and I come from many, many tomorrows away, a time many years from now. That device that we travel on, it allows us to do it." The Egyptian girl screwed up her face, trying to understand. She thought she'd heard outlandish things in her life before, but this was so far beyond her conceptions and experience that it sounded like a ridiculous fable her grandmother would tell her. But she had stepped on the wondrous device, and it had taken them somewhere far away from Rome in the blink of an eye, and back. She could not deny this had happened, even if she didn't understand it. Which brought up a big question for her. "Why do you do this?" she queried, looking at each of them. Mark shrugged. "It's fun to move through time and do things." Another skeptical look from Nanu. "You think it's fun to have the gladiators of Rome try to kill you?" Mark faltered slightly. "I; well, no, not that part." Becky giggled. "No, Nanu, that part is unplanned. Mark and I like to travel to different times, to see important events, and to fuck there." Nanu tilted her head curiously at the statement. "What it so important about fucking in these places?" Becky considered her answer. "There's nothing important about it, you're right. But it's still fun. We love to do these things, because almost no one else can. And hopefully it's exciting but not dangerous. If we didn't do this, we never would have met you, and we wouldn't be fucking you now. And we both wouldn't be crazy about you." Nanu's stomach was in her feet as she thought about what her mis; what Rebekah was saying. She was horrified by the thought now that she might never have met them, they she might not have been bought, or living here, in freedom, and getting fucked to her little heart's content. "But if you are not; not from today;” she murmured, trying to formulate her thoughts around these strange concepts. "Then you will keep leaving me. You might come back, but you will keep leaving." Becky could see the tears welling in Nanu's eyes, and she rose from her chair and moved to sit with the smaller girl, cradling her into her bosom as Nanu tried not to cry. "Oh, Nanu, I'm sorry," she cooed. "I didn't realize how hard it was for you to be alone." "I've never been alone," sniffled the raven-haired girl, wrapping her arms around Becky's waist tightly, unwilling to let go. "My whole life, I've never been alone for so much as a day, never mind a week. It was terrifying. I'm a slave, you know." Becky caressed her fingers through Nanu's hair and kissed the top of her said. "I understand now. And I am sorry. But Mark and I wanted to talk to you about that, actually." Nanu choked back a sob and looked up at Becky, ready to hear what she had to say. "Mark and I want to bring you with us," Becky explained, using a thumb to wipe some tears from Nanu's cheek. "Come back to our time, and perhaps take you with us on our adventures." Nanu's eyes went wide. "L; leave Rome?" Becky shrugged. "Is there anyone left for you to care about?" "Well, no." Nanu admitted. "And as I've already told you, Mark and I are crazy about you, so since we cannot stay here in Rome with you, maybe you should come with us, Becky continued. "I love having you around." Nanu's face lit up at Becky's words, but then a cloud passed over her face as things occurred to her. "But I; know nothing about this place you are from. How would I live?" "Well I would teach you, of course," Becky replied, smiling. "And it'll probably be terrifying at first, since you will see things you cannot even imagine, but Mark and I will protect you and help you learn." "I; would stay with you?" Nanu asked in a voice begging for assurance. Becky nodded. "You won't leave me alone?" The blonde woman smiled. "Well, I might have to step out the door once in a while to go and get food, or go to my job, but I won't leave you alone for days at a time, I promise." Nanu returned to hugging Becky, looking off at the far wall across the atrium. Her heart was pounding in her chest as she thought about what she should do. Did she take these two up on their weird offer? Did she just ask to stay here at the villa, and take her chances about when they could visit? Did she ask to be sent back to the Flavius household? Every option terrified her. She finally looked up at Becky again and drew a deep breath. "Can we; fuck some more, while I think about it?" Becky and Mark both laughed and nodded their assent. It was the most Nanu thing Nanu had ever said. Predictably, Nanu, after much fucking and pondering, had decided to take Mark and Becky up on their offer. Delighted, Becky had declared that they would be doing some shopping first, heading into Rome to get things she wanted. Nanu was always happy to visit the city, she was always enthralled by the sights and sounds around her. "But I; I must point out something," she confessed, looking uneasy. "I know you keep saying that I need not be your slave anymore, but it is not safe for me to walk around freely, Mistress, no matter what you tell me. If you say you don't own me, I am still a slave to them. They'll put me in chains and have me on the auction block again in no time, but probably not before they do awful things to me." "She has a point, Becks," Mark started, shrugging as he fastened his tunic in place. "We may know slavery is immoral, but Rome doesn't give a shit. As far as they're concerned, you're still a patrician woman, and we're still your slaves." "Which brings up another troublesome fact," Becky sighed, building on Mark's premise. "You're the most hated individual in Rome. You defiled a Vestal Virgin;” "Pervert," Nanu said in a low voice, nudging Mark. "You made a mockery of the legal system, and turned the Colosseum into a sexual freak show. I wouldn't be surprised if every soldier in Rome had orders to skewer you on sight." "Hey, I'm not the one who dropped a giant canvas sail on the emperor's head and wiggled my tits at seventy thousand people, you know!" Mark protested. "Well, that part was fun," Becky mused, smirking, lapsing into English for a moment. "So what do we do? I want to go shopping, but without getting you killed." "Yeah, you've got a point there," Mark allowed, looking at the ground as he pondered the issue. Nanu looked back and forth between them as they spoke in their unintelligible gibberish. "Well, we either need a disguise for me, so I don't look like Bonosus anymore, or we need to jump back a few days to before we arrived, and before anyone would know us." "More of your time twists," Becky chided, holding up a finger. "Didn't you learn?" "I know what you mean, but I kinda think we did that," Mark replied. "Don't you remember how you said people were waving at you like they knew you already, and you thought that was weird? That maybe they'd mistaken you for someone else? It's kinda unlikely that they are mistaking you for anyone, Becks. You're as tall as most of the men, and you're like a living embodiment of Venus to them, with blonde hair." "I'm afraid you may be right," Becky sighed, not liking the hypothesis, but forced to admit it was probably accurate. "So we go back maybe a week before we first arrived, do our shopping, and split?" Mark turned and looked at Nanu now. "Nanu, have you been into the city of Rome any time in the last week before you met us? Or anyone from the Flavius household?" "Ooh, good catch, Mark," Becky mentioned, nodding. "Can't have her running into herself by accident, no matter how unlikely." Nanu considered for a moment and then shook her head. "No, before you arrived, it had been more than a month, I think. Master Flavius resented paying the prices they wanted in the city, he usually made us shop in Lavinium, it was cheaper." Mark shrugged. "We could probably do your shopping and find some fun, Becks. Then we'll plan our next move. Sound good?" Becky removed her outfit, letting pool around her feet before sitting down in a low chair. She held out her arms, beckoning for Nanu to join her. The Egyptian girl shed her clothing, and then went to sit naked in her blonde lover's lap, their lovely tits squashing together. They kissed for some moments before Becky smiled at Nanu. "I want to buy you some outfits, Nanu, outfits like I wear. Would you like to dress and look like mistress?" It seemed as though Nanu might faint. Becky was also pretty sure she felt the girl getting wet. She giggled and kissed Nanu's nose. "I'll take that as a yes." Rome. The litter glided through the crowded street, with people dutifully making way for it; whomever was inside was clearly important. The four dark-skinned slaves bearing it on their shoulders walked along silently, seemingly not bothered by the weight within. The litter itself was simple in design, but ornate in appearance, the canopy held aloft on carved poles, and much of it decorated with gold leaf or edging. Diaphanous curtains on all sides obscured the women within. Becky and Nanu lay on their sides, facing in toward one another. Nanu was wearing a beautiful stola, just like Becky, and she gazed down at her raiment in wonder, running a hand delicately over the fabric. Becky smiled as she watched the Egyptian girl while reaching into a bowl between them and putting a grape in her mouth. "Mistress, this is wonderful," Nanu whispered, knowing to not refer to Becky as her mistress too loudly. "I've never felt anything like this in my life, except on someone else." "Well, it's yours, and yours alone, so enjoy it," Becky said cheerfully, enjoying Nanu's elation. She put another grape between her teeth and smiled slyly. Nanu leaned in and took the grape between her own teeth, their lips touching. As Nanu masticated on the grape, Becky opened the gauze-like drapes in the back if the litter and called out gently. "How we doing back there, Mark?" "Oh, just fine, thanks so very much for asking," muttered the student-slave, who trudged along behind the litter, carrying several handbags made of linen and animal skins, filled with shopping goods. His hands and shoulders ached. How the Hell could Becky purchase so much shit in an era that didn't have electronics? "How much farther we got?" "Not too much longer, I think," mused the blonde teacher casually. She wasn't too worried about Mark having to carry stuff, he'd been through worse recently. She'd bought outfits and jewelry, pretty house furnishings, and other curios to take home. She considered what she'd need to buy for Nanu upon their return. Clothes aside, she would somehow need to procure ID for her, some sorts of medical records, and so forth. How did she get any of that done? "Will I like my new life, mistress?" Nanu asked, eating another grape. "I am sure I will love living with you, but;” Becky smiled and caressed her face lovingly. "It will be very, very different, Nanu. And at times it will seem frightening. But there are so many things I cannot wait to show you." "Then I will wait and trust you," the Egyptian girl said softly, giving herself over to her mistress' carefully in her mind. "Because I believe you when you say you love me and want the best for me." Nanu was silent for some time, as if deep in thought. "What's on your mind, darling?" Becky asked, curious. Nanu sighed. "I just miss my family. I have not seen them since I was young. And I dreamed of returning to them one day." Becky smiled. "Oh, you want t
Cuando un bebé nace antes de lo esperado, también nacen el miedo, la incertidumbre… y una fuerza que no sabías que tenías.En este episodio de El Desmadre, platicamos con Angélica Gómez, fundadora de Fundación Nunu, una organización civil que acompaña a mamás, papás y familias que viven la experiencia de tener un bebé prematuro.Angélica nos cuenta cómo nació la fundación, qué apoyo brindan a las familias, qué es el método canguro y cómo este simple gesto de amor —el contacto piel con piel— puede hacer toda la diferencia.Además, nos comparte los detalles de la Caminata Canguro Prem, un evento para celebrar la vida y visibilizar a los bebés que llegaron antes de tiempo.Este episodio es presentado por Huggies, el único pañal especialmente diseñado para bebés prematuros. Porque cada bebé merece el cuidado perfecto desde el primer día.
In this compelling episode of Reading with Your Kids, host Jed Doherty explores two remarkable stories of human experience through children's literature, featuring authors Isabella Kung and Anesa Kajtazovic. First, Isabella Kung takes listeners behind the scenes of her picture book "Nunu in the Sea", revealing a deeply personal journey of emotional exploration. Kung shares how a meditation class sparked a narrative about a child's inner emotional landscape, transforming her own childhood experiences into a beautifully illustrated story. As an illustrator-turned-author, she discusses the delicate balance of visual storytelling, explaining how sparse text can help children understand and process complex feelings. Immediately following Kung's segment, the podcast shifts to an equally powerful conversation with Anesa Kajtazovic, who shares her profound refugee experience through her children's book. Kajtazovic candidly discusses her childhood during the Bosnian War, offering listeners a heart-wrenching yet hopeful perspective on displacement. Her book aims to humanize the refugee experience, highlighting that 43 million refugees worldwide are ordinary people with extraordinary resilience. Both authors demonstrate the transformative power of children's literature, using their personal experiences to create narratives that educate, inspire, and build empathy. Kung's exploration of emotional landscapes complements Kajtazovic's real-world narrative of survival, offering young readers nuanced understanding of human experiences. Parents and educators will find inspiration in these authors' approaches to discussing complex topics with children. Whether navigating emotional journeys or understanding global humanitarian challenges, these books provide valuable tools for meaningful conversations. For those interested in children's literature, creative processes, or stories of human resilience, this episode of Reading with Your Kids offers an unforgettable listening experience. Listeners will come away with a deeper appreciation for the art of storytelling and the incredible stories behind children's books. Click here to visit our website – www.ReadingWithYourKids.com Follow Us On Social Media Facebook - https://www.facebook.com/readingwithyourkids Instagram - https://www.instagram.com/readingwithyourkids/ X - https://x.com/jedliemagic LinkedIn - https://www.linkedin.com/company/reading-with-your-kids-podcast/ Please consider leaving a review of this episode and the podcast on whatever app you are listening on, it really helps!
Send us a textThe corporate communist is alive and well. They couldn't completely tackle the government in the United States, so they're working on your wallet!From "Market Based" pricing to stagnant wages, if we don't do it for ourselves, we can't count on our employers to care anymore.We'll also crack open a true blue Kentucky Straight Rye from Peerless available at our Implicit Bias Liquor Collective partner Nunu's Market!Finally, don't miss how you can enter to win tickets to dinner with the Krewe at Mr. Lester's Steakhouse! It's a packed episode you won't want to miss!Support the show
Send us a textThe Krewe is at it again with more Whiskey, a barrel pick from Nunu's Market in Youngsville (Four Roses) and we're still saving the problems of the world.We'll dive into the US Debt Clock, Gerrymandering..what a great word, why someone arrested for soliciting a 15 year old in Vegas was allowed to flee the country, Cow farts are now good for the environment, and the wild theory that Garth Brooks is a serial killer? 2 hours of fun...it's your Implicit Bias Radio!Support the show
In this episode we had a couple of my favorite couples on the pod! Nunu is back! We discussed the latest shows, MKE topics, and then we got to the relationship shit! It was good to hear each other express how they feel about marriage and how much we've grown. How we still learn one another, the ups and downs of marriage and much more! I had to split this episode in to 2 parts because it is 4 hrs long! Tune in and enjoy!
Tune in with TampaMystic as she interviews Nunu Hiphop
The Krewe get's kind of rowdy this week with Fr. Joe back in the TSPL to try and keep us Catholic and Christian? Does he succeed?We'll explore the question of who we serve and who we should serve.Whiskey this week is a Special Pick for Nunu's Markets from Knob Creek, and topics include pattern recognition with regards to law fare, Henry Ford's hiring practices, and the shocking news about the survival of Adolf Hitler!Finally, we'll give away that precious bottle of Elmer T. Lee!Don't miss this week's episode of Implicit Bias!
Guess who's back!
Dj southside Live In Boston
www.ramboprahradio.com Youtube Jen T Tv Customers of the week, Current Events, UFC Picks, Points, Stars, Biscuits, Candy, schizim, Are you okay, Doodo Butter, Ye and Beyoncuh break up.
From Summer pissing on the bus to Natalie bringing Nunu back to the show! The girls are having their usual dose of MESS! Fans don't agree with the way Biggie and Ahna handled things while Slim on the other hand, is having a hard time settling in with the girls. So much chaos breaks out to the point where DTB has a breakdown! Join the conversation and see what we have to say! Tune in for your weekly dose of mess y'all! NEW EPISODES EVERY TUESDAY AT 4PM Connect with us! ============================= Tiana's Instagram Jessi's Instagram Petty Sim Productions =========================== Subscribe and Listen to the The Petty Headquarters Podcast HERE: =========================== ➡︎YT: @ThePettyHeadquarters ➡︎Apple: Apple Podcasts ➡︎Spotify: Spotify Podcasts Our mission is to stay on top of the mess and make sure we deliver it weekly! https://youtube.com/live/xguBDlq4F3U?feature=share
In this final episode of the year, we are jingling all the way into the holidays! We kick things off with the first ever prestigious Nunu Nana Awards, celebrating the best (and worst) of 2024 with our NuNu NaNamonees. A man gets stuck in a chimney, people are paying over $250 to see Interstellar in IMAX, plus we are sharing our thoughts on holiday work parties (spoiler: one of the counselors hates them). Grab a cup of cocoa and join us for this festive, hilarious, and slightly chaotic wrap-up to 2024! Thank you for an absolutely amazing year!! We can't wait to see what next years brings our lovely little camp. STRIP MALL TEASE TOUR TICKETS: https://linktr.ee/zzzachariahJonathan on Cameo: Cameo.com/hellomynamesjonWant BONUS CONTENT? Join our PATREON! ➜ This episode is sponsored by Pretty Litter. Go to PrettyLitter.com/camp to save 20% on your FIRST order and get a free cat toy. Terms and conditions apply. See site for details.➜ This episode is also sponsored by Factor. Go to FactorMeals.com/50camp and use code 50camp to get 50% off your first box plus free shipping.➜ This Episode is Sponsored by BetterHelp. Go to BetterHelp.com/camp Check out our website and submit your inquiries for advice, juicy gossip, confessions, and horror stories! Sources:➜ David Sharp. “Ho Ho, Oh No: Man Sought by Police Goes down Chimney and Gets Stuck.” AP News, AP News, 12 Dec. 2024.➜ Ryan Kailath. “‘Interstellar' Tickets Are Selling for $215 in NYC - 10 Years after Its Release.” Gothamist, 27 Nov. 2024. Camp Songs:Spotify PlaylistYouTube PlaylistSammich's Secret Mixtape Social Media:Camp Counselors TikTokCamp Counselors InstagramCamp Counselors FacebookCamp Counselors Twitter
NuNu is in the stu stu, y'all! In this episode, P and Nushin dive into the highs and lows of being a food blogger, dating as a mom in this day and age, family dynamics, and how politics can really eff things up.Follow the Pod: instagram.com/adultishwhines/Follow your Host: instagram.com/paige_crutcher/Follow Nushin: instagram.com/jusnunuslife/Follow Her Opinion Podcast: instagram.com/heropinionshow/Produced by Creator's Guild: instagram.com/creatorsguild.htx/Go to https://betterhelp.com/adultish for 10% off your first month of therapy with BetterHelp and get matched with a therapist who will listen and help #sponsored Use code ADULTISH at adameve.com for 50% off, free gifts and free shipping. Use code AWCLUB at kingsofneon.com for 10% off a custom neon sign.
¿Te gusta Reload? Apóyanos en Patreon (https://www.patreon.com/anaitreload) para acceder a contenidos exclusivos, recibir los episodios dos días antes y hacer posible que sigamos adelante
I'm joined in studio with Nunu of @Heropinionshow ! We discuss situationships, Victoria's Secret Fashion Show, Liam Payne's death, Diddy updates, and the Common Wealth.Listen to my episode on Her Opinion Show herePart 1: • PART 1: The Ins and Outs of Podcasting Part 2: • PART 2: The Ins and Outs of Podcasting Follow Nunu: / jusnunuslife Her Opinion Show: / heropinionshow Connect With Us: InstagramTikTokLinkTr.eeEmail: coffeemeetsvodkapod@gmail.com Host: Raya HenslerInstagramTikTok
Teeth and tears were flying all over the place this reunion! These girls did not come to play as they continue to settle their differences. Diamond finally faces the big dog Tesehki while Jela and Gretch fight for blood! Not to mention Ahna Mac and Nunu finally facing each other which was LONG OVER DUE! Did Ahna get what she deserved? Tune in to hear our thoughts!
Hey my wonderful sweet babies, Follow Me:Instagram- fabvictoria94Twitter- VictoriaB_94Snapchat- fab_victoriaTikTok: FabVictoria94Facebook: Victoria BishopFacebook Page- Fabulous Victoria BroadcastsPatreon: Fabulous Victoria PodcastPodcast Name- Fabulous Victoria PodcastYouTube Main Channel: Fabulous VictoriaCashApp: $fabvictoria (optional)Email me for business inquiries only:bishopvictoria94@gmail.comTHIS VIDEO IS NOT SPONSORED.
Hey Baddie Fanatics! So these past three episodes have been MID AF! But we're always here to bring the tea/recaps of the mess. We hope you enjoyed our recap of Baddies Caribbean for episodes 17-19! You can tell production had a big influence on Nunu and Ahna Macs beef, but do yall think Ahna runs her mouth too much for someone who cannot fight? Meatball continues to be a hater. Lastly, how do yall feel about Biancas scary ass running away and spitting on Sapphire?!
Justice may have happened a couple of Thursdays ago...Justice was certainly served cold to the left by SCOTUS!We'll dive in with more #weeklywhiskey from NuNu's as well as this month's offering from Mr. Lester's Steakhouse at Cypress Bayou Casino!Don't miss this episode of Implicit Bias!
THIS BITCH IS TRASH... alex and kev lose their fucking shit this week as they drag the strangers, gloss over kev's boring ass hookup, answer many listener questions and such as, and review madonna's ray of light. Hosted on Acast. See acast.com/privacy for more information.
The boys discuss Song of Nunu, Vanguard, Demotions, Item updates, OP Champ picks, Arena, MSI, Hall of Legends, and more all on episode 641 of Leaguecast! Email us - mail@leaguecastpodcast.com Support us - https://www.patreon.com/leaguecast Tweet us - https://twitter.com/leaguecast Facebook - https://www.facebook.com/Leaguecast/ Join Our Discord - https://discord.gg/leaguecast Visit our Website - https://leaguecastpodcast.com/
Cavan is out so Caleb is running the show. Joined by author J.R. Manuel, Eric Strodered of Luxury Limo of Lafayette and Jamie M. The krewe gets biblical while sampling an offering from NuNu's Markets as well as a flight from Mr. Lesters Steakhouse.
We won't "Deceive" you with this week's episode of Implicit Bias! Our Krewe will welcome in some voices who've been gone too long, as well as a new one.This week we'll solve the problems of the world with another special offering from Pinhook Bourbon and our weekly whiskey partners at NuNu's Fresh Market-Youngsville .We'll also tell you about how you can get our #weeklyshiskey by the pour at Mr. Lester's Steakhouse - Cypress Bayou Casino Hotel (there also may be special dates being announced on this week's episode)Find us wherever you get #podcast or on KPEL News Saturday's at 10am.
Cavan is out so the Rustic Renegade Caleb Morse is in the captain's chair. He's joined by Grant Galatas of Wm. S. Nacol, Jude Peltier of Peltier Auto Detailing, and Hunter DeVillier. We sample a Bourbon Resolve from Pinhook and an offering from Barrell Whiskey brought to us by our whiskey partners NuNu's Market.
The Memory Palace is a proud member of Radiotopia from PRX. Music Abisme by Shida Shahadi Ellen's Image from Lalo Schiffiren's genius score to The Fox Circulation by H. Takahasi Liquid Spear Waltz from Michael Andrews' score to Donnie Darko A8 from a terrific record called NuNu by Clever Austin Notes I found a lot of insight in a terrific book called Extraordinary Beliefs by Peter Lamont. In it, there's a smart historical, psychological exploration of why spiritualism was able to flourish despite all sorts of evidence opposing it.
Cavan and the boys discuss the role of the patriarchy in modern society. Joined by the Rustic Renegade Caleb Morse, the CWOT Rene Gerard and Grant Galatas of Wm. S. Nacol.We sample a Pinhook Straight Bourbon Whisky brought to us by NuNu's Market.
We explore the everyday miracles occurring all around us. Cavan is joined by the Rustic Renegade Caleb Morse, the CWOT Rene Gerard and Eric Stroderd of Luxury Limo of Lafayette. We sample Johnny Drum Private Stock Bourbon brought to us by NuNu's Market.
The Krewe convenes this week to discuss discipline and why we may be looking at it incorrectly. Cavan is joined by Burley "Short Pour" Pellerin, Brian Harmon of Dupre Carrier Godchaux Insurance Agency and Danny Izzo of Nouveau Photeau. We sample a Russel's Reserve store pick from NuNu's Markets.
This Week's Panel - Big Ell, KooshMoose, wildwest08 This Week's Discussion - Speaking of exclusives that we won't comment on until after Microsoft's announcement next week, what long dormant exclusives (on any system) do you think are ready for a revival? What needs to be done to modernize them? Show Discussion - This was the LIVE SHOW! Check it out on Twitch to see video footage of the games we discussed. More Leap(year)frog talk as many chose to go out with the community badge. But many still remain! Who will win and in how many days? Koosh went rogue and bought a new game nobody heard of or bought except for him. It was Nunu to all of us. Biggest of Ells played a newish EAS game worth 3K Gamerscore and another 3K on Windows as if you buy one, you buy both! WHAT A DEAL! Wildwest finished up MLB The Show 23 before it leaves Game Pass. Bring on The Show 24! Games Mentioned: Koosh - Song of Nunu: A League of Legends Story Big Ell - Lily in Puzzle World wildwest - MLB The Show 23 xNeo21x drops in to give the February Metroidvania update. (1:36:45) AH101 Podcast Show Links - https://tinyurl.com/AH101Links Year of the Veiner spreadsheet - https://docs.google.com/spreadsheets/d/1VkAvMjmVmXLjRWS61eoMimaoovUz7fr7uPsD6DQPIz4/edit?usp=sharing Intro music provided by Exe the Hero. Check out his band Window of Opportunity on Facebook and YouTube
We have mixed feelings about the lore moving forward. Getting stories via games like this feels so cool, but Riot Games has gotten rid of Riot Forge, so what does that mean for future games and lore? Hopefully we learn more soon. Meanwhile, this was a great way to feel more connected to Runeterra and the handful of champions we got to see. We need more!! And the MMO. It's Me and You Song:https://youtu.be/mKISuOpQniQ?si=2ZZFQqeEIKExOVLA--- WE HAVE MERCH!bit.ly/loreheadmerch Twitter! twitter.com/loreheads Discord! https://t.co/o21E0W4C8z?amp=1 Twitch! twitch.tv/loreheads Patreon! https://www.patreon.com/leagueofloreheads Song Title | It's Me and YouArtist | League of Legends, TJ BrownCourtesy of Riot Games https://na.leagueoflegends.com/en-us/news/community/riot-music-creator-safe-guidelines/Image by Yuri_B from Pixabay - book with sparkles
This week we get a taste of the finer things. Cavan is out so the Rustic Renegade Caleb Morse is hosting. Joined by Grant Galatas of William S. Nacol, Eli Tate of Gambino's Bakery and Louis Pizzolatto of Coin and Treasure. We sample a Full Proof 1792 store pick from NuNu's Markets and a blueberry cream cheese king cake from NuNu's.
This week we play a little game. We have a full cast of characters including the CWOT Rene Gerard, Eric Stroderd of Luxury Limo of Lafayette, Kathleen "Real Deal" Theriot, and Mike Trammel of Clear Springs water. We sample Blue Run Reflection, available now at NuNu's Markets.
Better late than never right? LOL. This week Stormy discusses her son giving Nunu vibes, her being ok with cheating, a 27 y/o virgin asks for help, & MORE!!!JOIN THE SQUAD!!!!!www.patreon.com/ChocolateChipAndSipCheck out the website and become a sponsor or guest at: www.StormyPea.comFollow at:@ChocolateChipAndSip@StormyPea
Dreux Barra, proprietor of C'est Tout Dried Trinity Mix, joins Discover Lafayette to discuss the idea behind his product and its evolution. A humble man who is a joy to be around, Dreux and his wife, Monique, have built a home-grown company which has unlimited potential to corner the market in the U. S. and abroad. Dreux is frugal and conservative, and pays cash for the products needed to produce C'est Tout's wares. "There is no need to go into debt to grow a company organically," Dreux says. Pictured: Dreux and Monique Barra of C'est Tout Dried Trinity Mix. Born and raised in Lafayette near the Saint Streets area, Dreux describes himself as "Just a camp cook....not a chef." Dreux is employed by day with Signal Security of Lafayette, a local security guard service. Monique works full-time with C'est Tout. In the summer of 2016, Dreux found himself with way too many bell peppers left over at the end of an abundant season in his home garden. Not wanting to waste produce, he used his experience in drying beef jerky to dehydrate the bell peppers along with some onions he had on hand. He then had a revelation: there was no dehydrated Cajun Trinity product (onions, celery and bell peppers) on the market anywhere. Experimentation and determination led to such a delicious blend of dried onion, celery, green onion and yellow onions that his friends encouraged Dreux to jar/preserve the mix to share with others. To ensure quality as he finalized the product, he asked his mom for her opinion one day as they ate lunch at a local assisted-living facility where she resided. His mom was an LSU grad who majored in Home Economics and knew a thing or two about proper balance in foods and how they should look. Dreux's mom's advice ended up playing an instrumental role in the success of C'est Tout as she advised him to add red bell peppers to the mix saying, "Every food item must have color, texture, taste and you're missing a little color. You need a little red." Dreux says "And don't you know, the red bell pepper adds both color and sweetness, along with improved flavor." This also provided a different take on the offerings from the fresh "Cajun Trinity" offered by local outlets. This beloved Cajun Trinity of onions, red and green Bell Peppers, and celery (and garlic in one version of C'est Tout) springs to life when combined with hot liquid. Four tablespoons of the trinity mix result in one cup of vegetables when one cup of boiling water is added. With a stable shelf life of two years with no preservatives, C'est Tout is definitely a must for every serious chef's pantry. Dreux originally offered C'est Tout at the Moncus Park Farmer's Market in 2017, and still finds this a wonderful place to market their product. At the taping of this show in mid-December, Dreux and Monique would be working their 47th Saturday at Moncus Park in 2023! They also participate on the first Saturday of each month at the Delcambre Farmer's Market which Dreux says, "are real cooks who are showing up to buy the $3.00 per pound shrimp off the boat." Dreux and Monique Barra, husband and wife, are hard-working partners, with Monique working full-time in packaging and shipping the product. It is a manual process to fill the bags while utilizing machinery that precisely measures the product. Orders ship within twelve hours of being placed. Dreux never envisioned selling to local stores. He thought online and farmer's market venues would be a dream come true. But after a visit at Heleaux's Grocery on Verot School Road with then manager, Paul, who fell in love with C'est Tout and ordered many cases of the product, Dreux realized there was a local demand. Today, the product may be bought locally at Champagne's Grocery, Rouse's, Fresh Pickens, Nunu's, Louisiana Hot Stuff, and other vendors. 99 % of online sales of C'est Tout products go outside of Louisiana. Products are particularly popular with residents of Texas, Florida,