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Amar Bose donates his company to MIT

By Emil ยท 11 replies
May 1, 2011
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  1. Burty117

    Burty117 TechSpot Chancellor Posts: 3,493   +1,295

    I love Bose products, Mr Bose is awesome! I have the companion 5 and series 2 iPod station, both bring a warm fuzzy feeling to me when I play music through them, I hope they keep to their promise and continue to create such impressive products :)
  2. yRaz

    yRaz Nigerian Prince Posts: 2,891   +2,218

    Don't get me wrong, Bose is great, but it is WAY overpriced. You can get quality products for a much lower price. I will stick with Klipsch.
  3. Leeky

    Leeky TS Evangelist Posts: 3,357   +116

    Nice to see someone so willing to repay the very teachers that in most part made all his dreams possible.

    Its generosity you rarely see these days tbh. :D
  4. LinkedKube

    LinkedKube TechSpot Project Baby Posts: 3,380   +53

    Why not cash your shares and donate it to a cause that actually needs it. I'm sure MIT isn't on short supply of money or patents and knowledge.
  5. pcnthuziast

    pcnthuziast TS Evangelist Posts: 587   +196

    Gordon Freeman approves! :)
  6. dotVezz

    dotVezz TS Booster Posts: 112

    Okay. I support this 100%.

    Sure, donating to the "needy" is good, and if that's what makes your heart feel fuzzy, then fine, elevate yourself onto your personal pedestal and donate to whatever cause you like and feel all proud and accomplished because you "did the right thing".

    Mr. Bose has an emotional investment in his university, as most of us do, and he shows his appreciation in a very applicable way. I appreciate that he is man enough to donate to something he really cares about, something that's really in his heart, instead of just cashing out to some Japan charity just to look like a good guy.

    I happen to hail from a city that was injured financially because of Hurricane Katrina - not because of the storm, but because of the hail of victims who came and milked *your charity* and my city to the very last drop, then still complained more, and never showed any real appreciation for everything that everyone did for them. I have met many Japanese people in recent months, and they all show their appreciation to whoever helped them not only in words, but in character. They wear their humility and gratitude.

    Don't get me wrong, and I hope I don't offend anyone. If you care about Japan, then donate. If you just donate to Japan funds for publicity, then don't.

    Congratulations, Mr. Bose.
  7. Richy2k9

    Richy2k9 TS Enthusiast Posts: 513

    hello ...

    how i wished i was the owner of the MIT :p ... love BOSE .. the best! & this is good deed, i agree too.

  8. Dr Amar Bose has set a new bench mark in Passion Quotient - PQ for Alma Mater. Salutes to him for showing that its Alumni achievements which add altitude to alma mater.
  9. dividebyzero

    dividebyzero trainee n00b Posts: 4,840   +1,268

    I would strongly agree with your sentiment -as will become apparent in the next paragraph or two...
    MIT and most of the big names in U.S. tertiary education have been in an arms race (or acquisitions race) for some years...
    Not even close.
    Harvard endowment $27.4 billion (2010)
    Yale endowment $16.7 billion (2010)
    Princeton endowment $14.4 billion (2010)

    and lowly MIT at $7.9 billion -including a measly $104 million from gifts/legacies. You can now add the share dividend accruing from the company (~$US2bn revenue per annum at present)

    With that kind of financial base, it makes you wonder why U.S. learning institutes command such high course fee's.
  10. 9Nails

    9Nails TechSpot Paladin Posts: 1,215   +177

    True about the price. And Klipsch is a nice product as well, but I really can't complain after I had a pair of their headphones break on me over two years of frequent but gentle use. (The plastic seemed to have become brittle in that short time and the headband cracked off.) I called Bose support to see if they offered replacement parts and they sent me a brand new headset with full 1-year warranty for exchange. Their other products that I own, my factory car stereo, AM15 home theater speakers and iPod Sounddock are excellent and I would recommend them.

    I don't know what is it about Bose products, I've seen that they meter against the competition unfavorably by a mic, but to my ear they just seem to sound better.
  11. 9Nails

    9Nails TechSpot Paladin Posts: 1,215   +177

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