Akkina: Down markets weed out uncommitted emerging VC fund managers
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 7:52
Ryan Akkina of MITIMCo explains the market dynamics and benefits of backing emerging venture capital fund managers during a down cycle.
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“During times like this, when it's much harder to raise capital, you see which new firms really want it badly, and the ones who don't are disappearing, right? So I think that's one thing. And of course, look, at least for some period of time while we're in a downspill, there'll be a little bit less competition and valuations will be better as well.”
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