A handful of elite Bay Area schools have enlisted parent-donors from Sequoia, Lightspeed, and Battery to steer small pools of donated capital into early-stage startups. With massive IPOs back en vogue, schools are lining up for what could come next.
Source: [Fortune](https://fortune.com/2026/08/12/forget-the-gala-these-silicon-valley-schools-run-their-own-venture-capital-funds/)