Olde Hornet
Well-Known Member
CARES Act Draws Criticism Over Ivy League University Bailouts.
https://beincrypto.com/cares-act-draws-criticism-over-ivy-league-university-bailouts/
As Social Capital founder and CEO Chamath Palihapitiya points out in the following tweet, Harvard’s own endowment fund is worth a massive $41 billion.
Chamath Palihapitiya
✔
@chamath
You have a $41 billion dollar endowment.
This is a f---ing joke. View: https://twitter.com/thecrimson/status/1250491617137569792
…
The Harvard Crimson
✔
@thecrimson
Harvard University will receive nearly $9 million in aid from the federal government through the Coronavirus Aid, Relief, and Economic Security Act, the Department of Education announced last week. http://ow.ly/ycqp50zfbzu
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11:13 PM - Apr 19, 2020
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Meanwhile, Yale boasts a more than $30 billion endowment fund of its own. One follower responded to Palihapitiya by stating that the scale of their investment interests makes it unclear exactly what the primary function of such institutions even is:
https://beincrypto.com/cares-act-draws-criticism-over-ivy-league-university-bailouts/
As Social Capital founder and CEO Chamath Palihapitiya points out in the following tweet, Harvard’s own endowment fund is worth a massive $41 billion.
Chamath Palihapitiya
✔
@chamath
You have a $41 billion dollar endowment.
This is a f---ing joke. View: https://twitter.com/thecrimson/status/1250491617137569792
…
The Harvard Crimson
✔
@thecrimson
Harvard University will receive nearly $9 million in aid from the federal government through the Coronavirus Aid, Relief, and Economic Security Act, the Department of Education announced last week. http://ow.ly/ycqp50zfbzu
27.6K
11:13 PM - Apr 19, 2020
Twitter Ads info and privacy
5,730 people are talking about this
Meanwhile, Yale boasts a more than $30 billion endowment fund of its own. One follower responded to Palihapitiya by stating that the scale of their investment interests makes it unclear exactly what the primary function of such institutions even is: