Earlier quoted context omitted.
It's a federal commission that Schmidt co-chairs. >haven't built universities like Stanford, Duke, Cornell etc. I assume the answer is that they generally find that it makes a lot more sense to give oodles of cash to their alma mater or some favored school to get your name on a building and/or really beef up a department than to try to found a new school which would likely take decades to establish any sort of reputa…
You're underestimating the egos of billionaires and how they love winning compared to other billionaires. A name on a building is nice. A name on a university that's mentioned with Duke and MIT...now that's something you can brag about. The owners of NBA teams - all billionaires, most willing to lose money year-to-year in order to win and beat the other billionaires. The women's basketball league in Russia - teams ow…
Bezos would be dead long before that happens.