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To add to that, university endowments are also a big component of VCs, in addition to pension funds. I think a couple years ago a judge ordered Berekely to rel
by johnnybazooka 12y ago
To add to that, university endowments are also a big component of VCs, in addition to pension funds.
I think a couple years ago a judge ordered Berekely to release the fund performance figures for the VCs they had money in, and most of them don't even do well (measured in terms of IRR).