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According to [1], Stanford received 1.8 million shares of Google stock (I'd imagine for PageRank and other rights), and they sold it over time for $336 million.
by frankchn 9y ago
According to [1], Stanford received 1.8 million shares of Google stock (I'd imagine for PageRank and other rights), and they sold it over time for $336 million.
[1] http://www.redorbit.com/news/education/318480/stanford_earns_336_million_off_google_stock/ http://www.redorbit.com/news/education/318480/stanford_earns...
- hiuaql 9y agoIf they hadn't sold it in 2005, it would be worth $3.6B now (10x in 12 years), more than 10% of Stanford's total endowment.