The foundation is searching for a cfo to help manage its finances and investment portfolio as its previous lead left to join a nearby foundation as managing director.
The system approved an infrastructure commitment with a new manager alongside buyout and venture commitments with existing managers within its endowment this month.
The college is seeking a senior investment operations analyst to handle cash management and reconciliation, data management, financial reporting and portfolio analysis.
The internet’s most profitable business model has always been simple: running search ads on monetizable queries. When you search “how many protons are in a cesium atom,” Google makes no money. When you search “best tennis racket,” it prints cash.
This asymmetry defines the entire search economy–some queries are pure curiosity, and others have direct purchase intent. It’s part of why Google (where people often search for products) is a $2T company and Wikipedia (where people search for knowledge or fun facts) is a non-profit.