Conrad Shang, UTIMCO
Conrad Shang, UTIMCO  
Podcast: Origins - Inside Venture Capital, Hosted by a GP and an LP
Published On: Tue Dec 18 2018
Description: Conrad Shang is a Director at UTIMCO, The University of Texas and Texas A&M Endowment, where he leads the VC portfolio for one of the largest university endowments in the country. He’s been on both sides of the table, having also previously been a VC at Norwest Venture Partners and Bain Capital Ventures. This was a particularly fascinating conversation because Conrad now oversees what is probably the largest VC portfolio of anyone we've had on the Origins podcast to date. In this episode, we discuss Conrad's background and what led him to this new role at UTIMCO, the strategies that are possible and make sense for an endowment of that size, and how they're approaching the venture asset class overall, now and into the future. We also discuss topics that are particularly relevant today as we head into 2019, including LPs increasingly looking to make direct investments, how UTIMCO is thinking about blockchain investing, and how the endowment thinks about allocating through both bull and potentially bear cycles.