If you will dare, we will dare. "Children by the millions" have been waiting for the episode where we cover the music of one of the most influential and pioneering bands of the alternative era - heck, one of the greatest rock n' roll bands ever, period - The Replacements. And what better Third Lad could we hope for this week than the man who discovered, signed, managed, and co-produced the Mats, Twin/Tone Records co-founder Peter Jesperson?!

Peter stops by to recount the early days of the Twin Cities scene and Twin/Tone; the moment Paul Westerberg handed him the Replacements' first demo; his biggest disappointments and surprises among Twin/Tone artists; the Mats' transition to a major label; getting the Replacements into the Rock Hall; an update on late era guitarist Slim Dunlap; and many more memories, as we reveal our Top 5 Replacements Songs.

Peter's essential memoir, Euphoric Recall, is out now. Euphoric Recall: A Half Century as a Music Fan, Producer, DJ, Record Executive, and Tastemaker: Jesperson, Peter, Fricke, David: 9781681342719: Amazon.com: Books

Many thanks to Josh Mills from It's Alive! Media & Management for the introduction and coordination.

Proud members of the Pantheon Podcasts family.

Learn more about your ad choices. Visit megaphone.fm/adchoices