# @20vc on YouTube

- **Type:** Video
- **Original URL:** https://youtube.com/watch?v=NMuoR8hhupg
- **Gondola URL:** https://gondola.cc/posts/33022373-20vc-youtube
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/5a903cbe1c.jpg
- **Posted:** 2025-08-04T13:57:21.000+00:00
- **Account Owner:** 20VC with Harry Stebbings (@20vc) — https://gondola.cc/20vc

## Caption

Miles Dieffenbach is Managing Director of Investments at Carnegie Mellon University, where he helps oversee a $4 billion endowment with a focus on venture capital, private equity, and alternative investments. Under his leadership, CMU’s private book has remained self-funding during some of the toughest years for liquidity. 
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In Today’s Episode We Discuss:

00:00 Intro
01:00 "I Had Cancer at 26 – It Changed Everything"
04:31 Inside the $4BN Carnegie Mellon Endowment: The Investment Blueprint
08:28 Are LPs Getting Screwed in Venture?
10:04 90% of LPs Shouldn’t Be in Venture – Here’s Why
11:55 Seed Funds Are a Trap (And No One Wants to Admit It)
35:29 The $140BN Problem with Multi-Stage Funds
42:22 "Index Is the Best in the Game” – Here's Why They Win
01:01:03 Yale vs. Harvard Analysis
01:11:02 Cash-Rich Giants vs. Liquidity Drought: The Market Paradox
01:20:32 When Founder-Friendly Goes Too Far
01:22:43 Quick-Fire Round
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Subscribe on Spotify:
https://open.spotify.com/show/3j2KMcZTtgTNBKwtZBMHvl?si=85bc9196860e4466

Subscribe on Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-twenty-minute-vc-20vc-venture-capital-startup/id958230465

Follow Harry Stebbings on X:
https://twitter.com/HarryStebbings

Follow Miles Dieffenbach on X:
https://twitter.com/Curiousjorge65

Follow 20VC on Instagram:
https://www.instagram.com/20vchq

Follow 20VC on TikTok:
https://www.tiktok.com/@20vc_tok

Visit our Website:
https://www.20vc.com

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https://www.thetwentyminutevc.com/contact
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#20vc #harrystebbings #milesdieffenbatch #carnegiemellonuniversity #managingdirector #vc #lp #ai

## Stats

- **Views:** 10,066
- **Likes:** 161
- **Shares:** 0
- **Comments:** 8

## Credits

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| 20VC with Harry Stebbings | @20vc | https://gondola.cc/20vc | Podcast |

## Tags

harrystebbings, vc, lp, milesdieffenbatch, ai, managingdirector, carnegiemellonuniversity, 20vc

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