News and analysis
June 15, 2017

How Donor Courtship in Silicon Valley Looks Nothing Like Traditional Fundraising

Noah Berger for UC Berkeley

Tech entrepreneur Kevin Chou and his wife, physician Connie Chen, donated $15 million to the University of California at Berkeley's business school after Mr. Chou, an alumnus who signed on to a campus pledge program, sold the bulk of his mobile-gaming company last year.

Veteran Silicon Valley executive and business mentor Nicholas Zaldastani has seen it happen many times. Start-up companies get sold or go public, and the founders are besieged by people who want to help them spend their new wealth.

The rush of...

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