AIFortuneabout 2 hours ago
Silicon Valley schools run mini venture funds
10 min read
Silicon Valley private schools like Saint Francis High School, Crystal Springs Uplands, and Menlo School run miniature venture capital funds funded by donations. Saint Francis's $15,000 Snap investment returned $34 million at IPO. The funds are volunteer-run, tax-exempt, and target pre-IPO companies like SpaceX, Anthropic, and OpenAI.
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