The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Carnegie Mellon's $4BN Endowment | Why 90% of LPs Shouldn't Invest in VC | The $140BN Problem with Multi-Stage Funds | The Hidden Math Behind DPI, TVPI, and Illiquidity with Miles Dieffenbach
The Twenty Minute VC (20VC) interviews the world's greatest venture capitalists with prior guests including Sequoia's Doug Leone and Benchmark's Bill Gurley. Once per week, 20VC Host, Harry Stebbings is also joined by one of the great founders of our time with prior founder episodes from Spotify's Daniel Ek, Linkedin's Reid Hoffman, and Snowflake's Frank Slootman.
If you would like to see more of The Twenty Minute VC (20VC), head to www.20vc.com for more information on the podcast, show notes, resources and more.
Show Notes
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Miles Dieffenbach is Managing Director of Investments at Carnegie Mellon University, where he helps oversee a $4 billion endowment with a focus on venture capital, private equity, and alternative investments. Under his leadership, CMU's private book has remained self-funding during some of the toughest years for liquidity.
Agenda for Today:
– "I Had Cancer at 26 – It Changed Everything"
– Inside the $4BN Carnegie Mellon Endowment: The Investment Blueprint
– Are LPs Getting Screwed in Venture?
– 90% of LPs Shouldn't Be in Venture – Here's Why
– Seed Funds Are a Trap (And No One Wants to Admit It)
– The $140BN Problem with Multi-Stage Funds
– "Index Is the Best in the Game – Here's Why They Win"
– "The Dirty Secret of LPs: Brand Over Performance"
– "When Founder-Friendly Goes Too Far"
– "The OpenAI Bubble – Will It All Go to Zero?"
– "Ping Pong Diligence & Wildest Fundraising Stories"
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