Are risks worth the rewards when nonprofits act like venture capitalists?


http://www.washingtonpost.com/national/health-science/in-hunt-for-new-treatments-nonprofits-are-acting-like-venture-capitalists/2015/07/02/c6094578-19b8-11e5-93b7-5eddc056ad8a_story.html

Robert Beall, president of the Bethesda-based Cystic Fibrosis Foundation, led the group’s decision in the late 1990s to invest in a small California biotechnology firm. (Amanda Voisard for The Washington Post)

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