20VC: From $8BN to $19BN: Inside WashU's Endowment Fund | SpaceX Made Up 20% of Our AUM | Why Europe and China Has So Much Opportunity | The Reckoning That is Coming for AI Companies with Scott Wilson
Scott Wilson is the CIO of WashU, one of the best-performing endowment funds in the world. Under his leadership, Scott has grown the endowment from $8BN to $19BN today. At one point, SpaceX was over 20% of the entire value of the endowment.
AGENDA:
– How WashU Built One of the Best-Performing Endowment Portfolios in the World
– Scott Wilson's Investment Playbook: Concentration, Conviction and Compounding
– Why Scott Sold Over 75% of WashU's Portfolio When He Joined
– How Should You Allocate a $20 Billion Endowment Between Publics and Privates?
– How WashU Finds Direct Investments That Other LPs Miss
– How WashU Made Billions From SpaceX and Kept Holding
– Why Concentration Limits Are Killing Venture Returns
– Scott's Biggest Investing Mistake
– How Much Diversification Does a $20 Billion Endowment Really Need?
– Why Mega Funds Don't Work for WashU's Investment Strategy
– How WashU Gets Into the Best Companies Before Everyone Else
– Are Private Market Valuations Now Completely Detached From Reality?
– Why Half of Today's AI Companies Could Disappear in 10 Years
– When Should LPs Sell Their Biggest Winners After an IPO?
– Why Scott Wilson Walked Away From Sequoia Capital
– The Number One Reason WashU Fires Venture Managers
– Should LPs Forgive VCs for Deploying Their Funds in Just 18 Months?
– Is the AI Boom Heading for a Massive Shakeout?
– Why European Companies Are So Much Cheaper Than US Companies
– Why WashU Still Believes China Is a Great Place to Invest
– Is Government Overreach Actually Worse in the UK Than China?
– Quickfire: The Venture Funds Scott Wishes He Had Backed
– The Best Career Advice From a $20 Billion Endowment CIO