Expecting still-rising costs and poor endowment performance, Drell spoke of “cost cutting” in response to low expectations for the University’s financial prospects. The Senate also unanimously passed a resolution expressing support for need-blind admission and need-based financial aid for international undergraduate students.
StartX provides mentorship and other resources to Stanford-affiliated startups. The Stanford-StartX Fund, created in 2013, uses University money to invest in StartX ventures alongside other groups.
The Board of Trustees amended its Statement on Investment Responsibility and approved the Stanford Management Company’s (SMC) first-ever Ethical Investment Framework in its Tuesday morning meeting.
Stanford released its annual financial results for the 2018 fiscal year on Thursday, which included a Stanford Management Company (SMC) statement on investment portfolio returns as well as the University’s announcement of its endowment value, according to a report released by Stanford News.
In a Tuesday talk at CEMEX Auditorium, World Bank Group President Jim Yong Kim discussed the need for global investment in human capital with former Secretary of State Condoleezza Rice.
On Friday, Asian Infrastructure Investment Bank (AIIB) President Jin Liqun addressed the challenges of establishing the AIIB and shed light on the organization’s goals and daily operations.
In a Monday afternoon presentation on his new book, “Taming the Sun: Innovations to Harness Solar Energy and Power the Planet,” Varun Sivaram ’11 stressed current constraints on solar power and three types of innovation — financial innovation, technological innovation and systemic innovation — that he believes are key to sustaining solar energy’s rise to dominance.
Slock.it’s story is but but one turbulent chapter in the no less than tumultuous story of cryptocurrencies. Not yet a decade old, cryptocurrency got its start in 2009 after an anonymous user under the pseudonym Satoshi Nakamoto posted a white paper outlining a system for trustless transactions.