Academic institutions: The new players in venture capital?

Abstract

If Indian academic institutions plan to launch venture funds and do not heed their own wisdom, they could end up being the cause for much costly amusement in future. A less well-known event in the history of the respected Boston University is its not-so-successful entry into venture capital investing, decades ago. More recently, the University of Minnesota and others reportedly decided to move out of early-stage investing. I was reminded of these examples when I read about a leading Indian academic institution launching a large early-stage investment fund. I began to wonder if managing venture capital was for all and sundry. Read more at: https://www.livemint.com/Opinion/VX9XJjiRj8FrQRle6UjStK/Academic-institutions-The-new-players-in-venture-capital.html