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This reads to me a little like an investor lawsuit transposed into the world of academia. In this case the Pearsons have the role of a philanthropic VC fund, an
by mortenjorck 9y ago
This reads to me a little like an investor lawsuit transposed into the world of academia. In this case the Pearsons have the role of a philanthropic VC fund, and the Pearson Institute was a startup whose product would be groundbreaking research. And now the Pearsons have filed suit alleging that UChicago misled investors.
- caminante 9y ago>This reads to me a little like an investor lawsuit transposed [...] the Pearsons have the role of a philanthropic VC fund In case you weren't aware, "Venture Philanthropy" is a real, concrete term used since the 1960's and apropos![0] "Philanthropic VC [Fund]" is an oxymoron, though, I'm sure it's been used jokingly. [0] https://www.investopedia.com/terms/v/venture-philanthropy.asp https://www.investopedia.com/terms/v/venture-philanthropy.as...
- fnordsensei 9y agoIf the money comes with conditions, the recipient should comply or say "no thanks". There's no reason why this shouldn't apply to a philanthropic context.