university endowments

“With software, we could do an eighty-twenty on what the endowments do and deliver their capabilities to the masses”

“There's still some level of risk of having an entire endowment based LP base, because they may all sort of have the same denominator effect issues at the same time.”

“So one of the problems is that if you look at where's the money coming from into the US VC industry, there's so many more LPs, the big pension funds are putting money in, the university endowments are putting money in, and that's not really the case in Europe.…”

“You might see in the next one to two years, a little bit of clinging to the lifeboats here, guys, because, you know, it's not going to be as easy as it was. I think 23, 24 was a unique time where it's never easy to raise a new fund. These are really talented p…”

“If you're asking the impact on venture investing as a venture, as a source of capital, that's an easy question to answer. They're obviously going to be a lot less active.”

“So I think for those guys, it's not going to be the new normal in the sense of you're not going to be doing this because it's not going to persist for a long time because by definition, if you're selling a lot of venture assets, you're probably not going to bu…”