Word: meyering
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...look at venture capital going forward, we don't expect triple digit returns," says Meyer. He says HMC expects in the long term, venture capital will return 10 percent above the rate of inflation...
...Meyer says that HMC chooses firms that historically have had high rates of return on their investments...
...Success begets success in venture capital," says Meyer...
Venture capital is certainly not a novel concept for HMC. According to Meyer, Harvard first put money into venture capital in 1978, the year Intel introduced the 8086 microprocessor. HMC has set the 15 percent goal for private equity in1992...
...years ago, [venture capital investment] was nothing like today," says Meyer...