Monk: Universities can build top VC portfolios by aggregating pro-rata rights
Ashby Monk · Ashby Monk – Asset Giant Futurist (Capital Allocators, EP.29) · Oct 23, 2017 · at 21:21
Dr. Ashby Monk proposes an alternative investment model for universities to capture venture returns from campus startups without paying typical venture capital manager fees.
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“If I was going to do it My way, I might have designed it like this, where we were creating all these little seed funds on each campus. Those seed funds would then collect rights to deals, and at the same time, we would collect rights to deals out of the IP office at the University of California. Those are separate entities in each campus, but what I would then do is assign those rights to a broader fund, and when a That predetermined venture fund of repute does a deal in those. We would swoop in and say, hi, everybody. We're the University of California. Don't bother us, but we're just going to take our 10% pro rata share in this deal.”
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