Dossier
Barry Eggers
Coverage of Barry Eggers in the Nexus archive.
- Forget the gala, these Silicon Valley schools run their own venture capital funds
Some Silicon Valley private schools are raising funds by building miniature venture capital funds instead of traditional galas. These funds accept donations from alumni and parent-investors, using expertise from firms like Lightspeed and Sequoia to invest in pre-IPO tech companies. Saint Francis High School pioneered this method with a major investment in Snap that returned substantial profits when the company went public.