The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Akkina: Virtually Every Venture Firm Was Undisciplined in 2021
“We all know that, that we were all undisciplined for some period of time, right? It's not a secret, and you know, every, every, virtually everyone did it.”
Akkina: MITIMCo will scale out of VC funds that become too large
“If a firm gets too big and we're no longer confident that we can make exceptional returns over time, we're going to have to scale out.”
MITIMCo scaled annual private market commitments down from $3B to $1B
“You know, at peak we probably were putting three billion out the door in one year, and now we're probably down to about a third of that, so maybe a billion dollars.”
Akkina: MIT Endowment Remains Liquidity-Constrained Until Major Unicorns Like Stripe Exit
“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 unt…”
MITIMCo approved a Rippling co-investment within hours on a Friday night
“Within a few hours, Friday night we made the decision to back that deal.”
Akkina: LP interest in late stage, solo VC, and crypto will return
“Two years ago everyone wanted to do lots of late stage and solo capitalists and crypto, and then, you know, a year later they all think it's dead and don't want to do that ever again. I think most of those things will come back.”
Akkina: Venture capital is a secular growth industry despite cycles
“I think this is something that only goes one direction, and of course there will be cycles, like right now in things to You know, having a bad spell the past few years, it's become a little less popular and there's a little less competition, but I think that i…”
MITIMCo evaluates GPs primarily on winning deals and servicing portfolio companies
“I would say we tend to spend the most time thinking about the winning and servicing angle, which kind of feed on each other. Because I think, you know, look, there's at least several hundred people in the industry at any given time, GPs I'm talking about, who …”
Few University Endowments Can Execute Large Direct Investments Quickly
“We're probably one of the few LPs, certainly one of the few university endowments who can react to one of these things very quickly in, in big size.”
Neil Mehta Completed Rippling Funding Deal Over Weekend During SVB Collapse
“With Neil, for instance, I think there was a big article maybe last year about the deal he did in Rippling, right? And that came together over a weekend, right? During this bank collapse.”
Akkina: MIT endowment must pay out roughly 5% of assets annually
“Normally we know we have to pay out about five percent Of our assets per year to support our institution. That never really changes.”