Chamath: "Harvard is cooked."

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Episode Description

Full episode: https://youtu.be/PS76GPJAKq0

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Brief Summary

Harvard faces financial and ethical crises, with Title IX violations and discrimination issues highlighted.

Key points

  • Harvard's Challenges. Harvard faces rampant Title 9 violations and discrimination issues.
  • Leverage of President Trump. President Trump holds all the leverage over Harvard's future decisions.
  • Financial Crisis Looming. Harvard may need to sell its private equity portfolio to finance its budget.

Transcript

Harvard's cooked. There continues to be rampant Title 9 violations with respect to admissions. Colombia was continuing to discriminate against Asian students. Harvard's original case was against Asian students. There was a bunch of woke stuff at other Ivy League schools like UPEN. There's all this rampant anti-semitism. It all needs to get fixed. I think that if you get a deal done, Harvard will have to capitulate. President Trump holds all the leverage and all the cards and there's nothing mathematically that Harvard can do. But at some point they will not have the budget to sustain themselves and they're going to get into a huge world of hurt.

What they will have to do in order to finance their budget in probably 18 months is start to actively sell their private equity portfolio. Which by the way, there is no smart money on the street that's going to look at any private equity portfolio from Harvard without asking for 20 25 30 35 40% discount because your back will be totally against the wall. But the Ivy League, there's just something fundamentally broken.

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