Fun fact of the day. Bose is majority owned by MIT. Strange to think that a $4bn revenue business is owned by a non-profit university.pic.twitter.com/RrHBVeZqkf
Traditionally endowment managers try to disguise the fact that they are just tax advantaged PE slightly better.
-
-
Because why not if they can and it works?
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
This particular scenario is not the result of MIT endowment managers at all. It was a donation made by the Bose founder with stipulations that the funds be used entirely to support students at MIT for the foreseeable future
-
That’s cool. We need more stories like this.
- Show replies
New conversation -
-
-
Except that there are no LPs who get an ROI
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.