Forget the gala, these Silicon Valley schools run their own venture capital funds
A handful of elite Bay Area schools have enlisted parent-donors from Sequoia, Lightspeed, and Battery to steer small pools of donated capital into early-stage startups. With massive IPOs back en vogue, schools are lining up for what could come next.
A handful of elite Bay Area schools have enlisted parent-donors from Sequoia, Lightspeed, and Battery to steer small pools of donated capital into early-stage startups. With massive IPOs back en vogue, schools are lining up for what could come next.
BELLINGS Intelligence Score: 12
Why it matters
This is a niche development involving a few elite schools running small venture capital funds, representing a novel but limited-scope activity unlikely to impact broader credit markets or underwriting standards.
Sources
Fortune
Forget the gala, these Silicon Valley schools run their own venture capital funds
A handful of elite Bay Area schools have enlisted parent-donors from Sequoia, Lightspeed, and Battery to steer small pools of donated capital into early-stage startups. With massive IPOs back en vogue, schools are lining up for what could come next.