Public Markets Are Ready for IPOs and VCs Should Take Companies Public
Miles Dieffenbach · Miles Dieffenbach: Inside Carnegie Mellon’s $4BN Endowment & The Math Behind DPI, TVPI, Illiquidity · 20VC with Harry Stebbings · Aug 4, 2025 · at 1:07:04
Miles Dieffenbach, Managing Director of Investments at Carnegie Mellon University, urges venture capitalists to bring late-stage portfolio companies to the public market.
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“The public markets are now pricing risk very differently than they have over the three, the last three years. You look at circle, you look at, you know, Nebius, you look at core weave, you look at Palantir, you look at cloud flare. Like these are all businesses trading at Extremely healthy multiples. So my message here to all venture capitalists, now is the time. Please take your companies public.”
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