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Miles Dieffenbach

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  1. 20VC with Harry Stebbings1h 31m

    Miles Dieffenbach: Inside Carnegie Mellon’s $4BN Endowment & The Math Behind DPI, TVPI, Illiquidity

    Miles Dieffenbach, Harry Stebbings

    Carlson and the Carnegie Mellon University endowment team outlined a strategy to overweight venture capital exposure while critiquing the diminishing returns of oversized multi-stage funds. The presentation detailed rigorous due diligence methods focusing on management alignment and partnership stability, alongside a forecast that a correction in the AI sector will necessitate a shift toward public market investments by 2026. Ultimately, the speaker emphasized a return to qualitative partner evaluation over quantitative metrics to navigate a fundraising environment marked by liquidity constraints and regulatory barriers.