Akamai IPO and MIT math professor billionaire
Appears in 1 lecture.
Appearances across the corpus
Right now in the news, Ito and Media Lab — they were selling influence. They were selling MIT's reputation. That's not right. But you know what the IPOs and venture capitalists are doing every day around here? They're selling MIT's reputation to Wall Street and to your grandmothers for a few hundred bucks. There are some technologies that really work. I was on engineering council when Akamai went public, and a professor in math became a billionaire overnight. They had the technology, it was a real technology. But as Dave says, when you spray and pray, you don't hit those very often.