Harvard University

“And that is a embarrassment that the grade point average of the average student at Harvard University is above 3.7.”

“So, no, I don't think he's out of line. I think it's an important lesson for people. This is not freedom of speech. This is owning your words. You must own your words and position, and it's important that young people learn this now.”

“So that was the precedent that was set, and that, I believe, was the beginning of one of the greatest brand destructions in American history. Higher ed used to have one of the greatest brands in the world. Elite higher ed was the envy of the world. Now it's a …”

“They now want to take away the White House The tax exempt status of Harvard, which would be absolutely insane.”

“Later that day, the White House responded by freezing 2.2 billion in grants, sixty million in contracts.”

“It is an asset manager that may happen to have some educational things that they do on the side, which increasingly are not what we needed to do.”

“Harvard was able to sell a billion dollars recently of private equity stuff and managers that they didn't want to support anymore at a seven percent discount.”

“From 2019 to this year, almost doubled from 20 to 40%”

“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”

“There is no smart money on the street that's going to look at any private equity portfolio from Harvard without asking for a 20, 25, 30, 35, 40% discount, because your back will be totally against the wall.”

“Historically at Harvard, that administrative topper is 60%. So if a researcher gets a three million dollar grant at Harvard to work on cancer research, 1.8 million dollars of administrative fees are paid to Harvard University.”