Akkina: MIT Endowment Remains Liquidity-Constrained Until Major Unicorns Like Stripe Exit
Ryan Akkina · Ryan Akkina: How MIT Builds Their Venture Fund Portfolio & How MIT Approach Direct Investing | E1109 · 20VC with Harry Stebbings · Jan 29, 2024 · at 26:03
Ryan Akkina of MITIMCo explains how public market recovery and delayed exits for late-stage unicorns like Stripe impact endowment liquidity.
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“We're less liquidity constrained now than we were say at the beginning of last year, but the major issue still continues to be that there's all these big companies like Stripe, for instance from the last cycle that have not had liquidity events yet. And so until some of those things get liquidity, we'll probably still be more constrained than we otherwise would be.”
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