Genuinely curious here: What is the point of Stanford having a $27 billion endowment if not to tap into it in times like these? https://www.nytimes.com/aponline/2020/07/08/sports/ap-us-virus-outbreak-stanford-cuts.html …
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Can LPs please explain this to me? I’m not criticizing. I just know there is a lot here I don’t understand.
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Replying to @nicoleperlroth
Bc the endowments are restricted in what they can spend capital on?
11:57 AM - 8 Jul 2020
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