The MIT Banana Lounge

I’ve co-founded or been an early investor in many things. One of my favorites is the MIT Banana Lounge. I will be hanging out there Tuesday afternoon and doing an AMA from 2pm to 4pm.
It began with an email from Zoe Sheill. I met Zoe at PSL when she was an intern the summer before her freshman year at MIT. We stayed in touch, and I went bananas when I got the following email from her on May 3rd, 2021.
… Right now, though, we’re running into a bit of trouble raising the money for starting the banana lounge again in the fall. In the past, we’ve given out about a quarter of a million bananas per semester, and about 76% of our budget is just bananas. The Undergraduate Association funded us in previous years – they are now using their limited money for newer projects now that the banana lounge has gotten a lot bigger (over 15k students would visit the lounge per week). Malte (the student that started the banana lounge 3 years ago), me, and Greg had a meeting a while ago and Greg recommended talking to you as a successful MIT alum and someone also excited about the possibilities with bananas.
After some back and forth, I agreed to provide the needed funding. Zoe responded with:
Our banana guy for 2021-22, I’m so excited! You are saving Banana Lounge. So many students will benefit from this and we are very much looking forward to sharing (Read more...)