Saint Francis High School
Coverage of Saint Francis High School in the Nexus archive.
- Nvidia wants your pension fund in the AI trade
Miniature venture funds are operating at select Silicon Valley private schools, receiving parent-investors from major firms like Sequoia and Lightspeed. These school programs, described as a recent trend, have seen high returns, such as one fund turning $15,000 into roughly $34 million at an IPO for Saint Francis High School. With anticipated IPOs from companies like Anthropic and OpenAI, these school funds may hold significant investment potential.
- 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.