UNO professor s $50K gift establishes student-managed investment fund – New Orleans CityBusiness neworleanscitybusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from neworleanscitybusiness.com Daily Mail and Mail on Sunday newspapers.
Ed Brennen Because Isaiah Langa â20 studies finance in the Manning School of Business and has been investing on his own for several years, he occasionally receives a text message from a friend or relative seeking advice on a stock pick.
When shares of video game retailer GameStop skyrocketed by more than 2,000% in January, fueled by an online Reddit community of amateur âretailâ investors trading on the popular Robinhood platform, Langaâs phone lit up.   Â
âOne day I got five texts from different people asking me about GameStop,â says Langa, a native of Dracut, Massachusetts, who is completing his Master of Science in Finance this semester after earning his bachelorâs degree in business administration last spring. âIt was interesting to see how many people were involved who werenât typically investors.â
Student-Driven Fund Empowering Budding Venture Capitalists at UConn
What started as a crazy idea has grown into an innovative new initiative to help students understand the business of investing in startup companies - with real money.
While the Student Venture Fund lives in the School of Business, building a cross-disciplinary team is one of the fund’s goals,. (UConn photo/Sean Flynn) Copy Link
“As a college student, you get so many crazy ideas, and there’s a million reasons why they shouldn’t happen,” says Noah Sobel-Pressman ’21 (BUS).
“But if they actually happen, it could have a real, lasting impact.”