December 13th, 2012

With An IPO On Its Radar, Lending Club Adds Former Treasury Secretary Larry Summers To Its Heavyweight Board

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Today, Larry Summers became the latest prominent name to endorse Lending Club — the fast-growing peer-to-peer lending company that aims to connect creditworthy borrowers with smart investors — as the former U.S. Treasury Secretary joined the company’s growing, star-studded board of directors. The economist, also known for serving as the 27th president of Harvard University and as the Director of… → Read More

April 3rd, 2012

With $25M From Benchmark And Larry Summers Advising, Can Minerva Build An Online Ivy?

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Well, we’ve said it before: Technology is changing education. It’s flipping the classroom, bringing instructional videos to the masses, and dragging online higher education into legitimacy. Investors have begun to hear the call, as was evidenced today when Benchmark Capital made its largest seed investment to date — $25 million — in a startup/university called The Minerva Project.

Sure, it’s… → Read More

June 29th, 2011

Larry Summers Joins Andreessen Horowitz as Special Advisor

Andreessen Horowitz is announcing today that economist, former US Treasury Secretary and former President of Harvard Larry Summers is joining the firm as a special advisor.

Beyond his well known academic and political credentials, Marc Andreessen was quick to point out that Summers has nerd cred too: He was admitted at MIT at the age of 16 to study physics. → Read More