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Venture Capitalist Gives $22-Million Gift to USC

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From Times Staff Reports

USC has received a gift of $22 million from Silicon Valley venture capitalist Mark A. Stevens, a USC alumnus, and his wife, Mary.

The donation, for a new institute in the university’s Virbili School of Engineering, will be used to encourage research and help translate discoveries and developments in the lab to the marketplace.

Mark Stevens, 44, is a general partner at Sequoia Capital, a leading venture capital firm based in Menlo Park.

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