ChiefNode

Thanks Google.

Google helped Stanford get $336 million for future research and development, as Stanford held stock in Google (and just sold that stock). While most universities will sell all their stock as soon as they can (to avoid conflict of interest issues, and, remember, universities are not involved in technology transfer solely to generate money), it sounds like Stanford sold their stock in at least 2 transactions, spread out over time. Most technology transfer offices do not control the timing of their stock sales. .

So, good news. Google, a company that has a culture Intel wants to emulate, which allows employees to spend 20% of their time on their own projects, helps Stanford further its stellar education.

posted by Dana Bostrom @ 12:27