Jeff Wang
15 statements across 1 episodes · 3 bullish · 6 bearish · 1 people on the record · first statement Oct 9, 2024 by Jeff Wang · said 3 times in 2 episodes since 2021 · across every show →
On the record as a speaker too: Jeff Wang's record, appearances and statements → this page counts the times other people say the name.
Mentions by year
brought up most by Harry Stebbings (2), Doug Leone (1)
tap a year for its mentions
2025 2 mentions in 1 episode
2021 1 mention in 1 episode
Everything said about Jeff Wang, oldest first
Oct 9, 2024
Oct 9, 2024 bullish
Wang: Tech CapEx is unprecedented due to $150B Big Tech cash flow
“You have never seen this level of investment because I think if you roll back to 1999, for example, the, you didn't have this mag seven that was throwing off, you know, one hundred and fifty billion of free cash flow and you can go invest gobs and gobs of mone…”
Oct 9, 2024 bullish
Oct 9, 2024 bearish
Oct 9, 2024 negative
Wang: Disregarding Google at Stanford taught me not to underestimate disruption
“Probably not taking Google more seriously. So I was at Stanford at the time of its founding. I was even a section leader for Marissa Mayer for a computer science class where she was a lecturer. And so I heard about it from her too. And I just thought to myself…”
Oct 9, 2024 negative
Wang: VC partners dictating public fund investments guarantees failure
“Now, when I speak to other VCP funds that reached out to me over the years to get advice about launching a similar effort They almost never want to give up control. They want to dictate the investing. And I just don't think that's a recipe for success.”
Oct 9, 2024
Oct 9, 2024 neutral
Wang: SCGE targets steady-state private exposure of 20% to 25%
“I think closer to 20 to 25% would be more comfortable because then that gives us an opportunity to add. I think If we are focused primarily on the public markets, let's say if we had 50% of the portfolio private, that would feel too illiquid to me. So 20 to 25…”
Oct 9, 2024 negative
Oct 9, 2024 neutral
Wang: Public market advantage is measured in months, not years
“I think it's important to be early, but if I think about the public markets, we're talking about not years, but months, right? If you are, because the public markets price something so quickly, if you figure it out last year, that hyperscaler CapEx was going t…”
Oct 9, 2024 positive
Oct 9, 2024 bearish
Wang: Hedge fund crossover 'tourists' have been wiped out of private markets
“Over the last few years, there have been a lot of tourists, as you know, a lot of tourists mostly on the hedge fund side who've dabbled in private markets and they've gotten burned. Those tourists are out of the market. We don't see them anymore.”
Oct 9, 2024
Wang: SCGE takes carry once every three years instead of annually
“We have also a three-year incentive crystallization. And so what that means is most hedge funds, as you probably know, just take carry at the end of each calendar year. We take carry once every three years, and we also vest ourselves over a three year period.”
Oct 9, 2024 neutral
Wang: Only trim stocks when valuations get 18 months ahead of fundamentals
“I tell my team, don't tell me if, you know, ServiceNow is 10% too expensive. If we have a three to five year investment hold period, you know, 10%, if you get six months ahead yourself in terms of the pricing, it's not going to impact your IRR that much. Where…”