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Here's Why the ­niversity of California Is Getting Into the Venture Capital Business


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Sather Tower, University of California, Berkeley

Sather Tower overlooking the University of Californias flagship campus, Berkeley.

Credit: David Madison / Getty

In September of last year, the University of California Board of Regents approved the creation of an independent venture fund that would launch with $250 million, and primarily invest in startups that emerge from UC research.

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