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Stanford Gains From Google Stock Sale

5:48 pm on Dec 2, 2005 (gmt 0)

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Stanford University has made $336 million on the sale of stock holdings in Google Inc., the Internet search engine giant created by two of the university's graduate students.

Stanford University Google Stock Sale [latimes.com]
4:29 pm on Dec 3, 2005 (gmt 0)

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"The MEP generated an 18.0% investment return for the 12 months ended June 30, 2004. Over the past 10 years, the MEP achieved an annualized rate of return of 15.1%, growing from $2.6 billion to $10.0 billion. "

Damn...it pays to be near Silicon Valley. Sergey and Larry will give a few billion too, no doubt.