3 ms·
> huge endowment Really? Some endowment sizes for world-class universities: MIT: $13 billion Caltech: $2 billion Harvard: $36 billion Stanford: $22 billio
by bzbarsky 10y ago
> huge endowment
Really? Some endowment sizes for world-class universities:
MIT: $13 billion
Caltech: $2 billion
Harvard: $36 billion
Stanford: $22 billion
Princeton: $21 billion
Yale: $25 billion
Cambridge: GBP ~6 billion
Oxford: GBP ~4 billion
Caltech is the outlier here for US universities, but it's also an outlier in size; its endowment per student is still about $1 million, which is in the same ballpark as the other US universities on the list. See https://en.wikipedia.org/wiki/List_of_colleges_and_universities_in_the_United_States_by_endowment https://en.wikipedia.org/wiki/List_of_colleges_and_universit... for probably more data than you ever wanted. ;)
I'm having a hard time finding how much money YC has lying around, but I would be rather surprised if it's in the billions USD.
> pure & applied research departments; staff scientists
On a _tiny_ scale compared to a world-class university.