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Today: May 28, 2024
January 18, 2024
1 min read

Silicon Valley: Harvard’s $51B Endowment Seeks Expertise in Revival

TLDR:

  • Executives from Harvard’s $51 billion endowment visited Silicon Valley last week in an effort to repair relationships with investors.
  • The team from Harvard Management Company visited firms such as Sequoia Capital, Kleiner Perkins, and Andreessen Horowitz.
  • Harvard has faced criticism and lost donations following incidents of perceived pro-Palestinian bias and antisemitic rhetoric on campus.
  • During the meetings, Harvard executives discussed discontent surrounding the university’s diversity, equity, and inclusion efforts.
  • Harvard’s endowment has seen recent gains following increased venture exposure and is reportedly considering changing policies to accommodate greater academic freedom and freedom of speech.
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