Donation? Huge bet?
Wonder if Musk will say anything 
"The position accounted for more than half of the roughly $4.3 billion in securities disclosed in the filing — and was worth more than all of HMC’s other reported holdings combined.
HMC’s publicly disclosed portfolio more than doubled this quarter, rising roughly 135 percent to $4.26 billion, its largest reported value since at least 2006."
Based on what WashU reported a while back, that might have been around a $60M initial investment. Which is a lot, but not that big for an entity like Harvard.
12,935,100 shares for $60M does seem like a deal if you have 60M…fair… though 60M still sounds like a pretty large investment in pre-IPO shares for them…based on amount they have in other things mentioned in the article..though I do NOT follow it closely, at all.
I don’t know the details, but apparently there was some sort of earlyish funding round a bunch of universities took stakes in, some larger than others. I think it is quite right that counts as a big concentrated stake, indeed so far I think Harvard’s would be the largest reported (WashU was maybe more like $50M). But I guess in the context of their overall portfolio they thought it worth the concentrated risk.
I note they have some sort of complicated lockup expiration schedule, but I think the first period actually expired earlier this month. I sort of assume these universities will be diversifying out of this position as soon as practical, but we shall see.
ahhh that is super interesting! thanks for that… and looked up the Wash U stake too- I had missed that when announced earlier -