Tuesday, August 22, 2006

nike founder gives $105 million to stanford b school

aug 23rd

that's an impressive pile of money. the largest ever gift to a business school, or so they claim.

http://news-service.stanford.edu/news/2006/august9/knight-080906.html

incidentally, gururaj deshpande has i think pledged $30 million over ten years to iit madras. kris gopalakrishnan of infosys has given some $10 million to iit madras.

glad to see that charity, plus matching-contribution challenges, are coming to india, too.

1 comment:

Ghost Writer said...

Rajeev,
A follow-up comment on a most welcome trend. I would love to see someone challenge the IIT-ians collectively to come up with energy-independence technology by 2020 ( or earlier - I just like the whole rhyming thing)from the proceeds of grants. I have absolutely no doubts on the ability of the IIT-ians to beat the pants-off other research centers in energy.

India has enough money (read capital markets and investments), entrepreneurship and managerial talent now to monetise new technology into commercially viable projects.
The sweetest would be to have a multi-technology grid generation infrastructure that uses multiple inputs (locally available inputs), - all feeding excess energy supply into regional and then national transmission grids.
I know it may decrease "economies of scale" - but the way I see it is that
1- terrorists cant knock your energy out by curtailing the supply of one input or power plant
2- fewer fights about shared resources like river waters etc.