Some Venture Capitalists Shun Public Universities' Money

Funds fear state open-records laws may force disclosure of sensitive information

Table and graph: Higher Education and Private Investments

Article: Why Some Funds Like Their PrivacyBy GOLDIE BLUMENSTYK

A $15-million investment looks pretty much the same whether it comes from the endowment of a private university like Yale or that of a public institution -- except in the eyes of some venture-capitalists.

The University of California and a handful of other

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