Opinion certainty 4/5 debate potential 2/5

Union Square Ventures Is the Best at Active Portfolio Selling

Miles Dieffenbach · Miles Dieffenbach: Inside Carnegie Mellon’s $4BN Endowment & The Math Behind DPI, TVPI, Illiquidity · 20VC with Harry Stebbings · Aug 4, 2025 · at 16:24

Miles Dieffenbach, Managing Director of Investments at Carnegie Mellon University, discusses VC portfolio management and active selling with host Harry Stebbings.

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“Union Square broadly, and we're not an investor there, we wish we were, but I think they've perennially been the best at selling, and they've got a very strict protocol that they run through, you know, from years eight to 12 on those funds, and with those founders, to let them know that they are going to be active sellers.”

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