E135: Wagner rebels, SCOTUS ends AA, AI M&A, startups gone bad, spacetime warps & more
All-In with Chamath, Jason, Sacks & Friedberg
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The Financial Dynamics of University Endowments
This chapter delves into the financial workings of university endowments, revealing their role as profit-centric entities rather than mere support systems for educational expenses. It compares the revenue models of institutions like Harvard and discusses the implications of their high-risk investment strategies on operational funding.
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