Rupa Bhagwat’s Post

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Driving growth through customer-centric innovation, launched tech products from 0-Success | Community Leader | Northwestern Graduate | Expert in Customer Success & Revenue Generation

Surprising University Startup Stats! 🎓💡 The graph shows the number of graduates ended up starting a business after graduating from these universities in academic year 2022-2023 This morning, I stumbled upon some eye-opening statistics that left me scratching my head. 🤔 I couldn't resist reaching out to Professor Mark Werwath to understand why Northwestern University was notably absent from the list. 😯 Professor Werwath shed light on several key factors: 1. Students prioritize job security over entrepreneurial ventures (both national and international) 2. Limited entrepreneurial visa options for international students (I'm looking at you, Soundarya Balasubramani! Any insights on realistic visa pathways?) 3. 💸 Overwhelming student debt burdens discourage risk-taking- how many options students even try to explore for backing up their business financially? 4. Northwestern mindset tends to be more risk-averse- is that true? Many students have brilliant startup ideas but hesitate to even test the waters in competitions. 😕 This stark contrast to the vibrant startup scene here in Silicon Valley got me thinking. 💭 Can we bridge the gap and infuse some of that entrepreneurial spirit into the Midwest university graduates? Meeting with numerous founders lately, I've noticed a profound difference in their mentality towards starting a business. It's a game-changer! 🌟 Take Stanford University, for example. They offer the flexibility to pursue a PhD while taking time off for startup pursuits. Could implementing a similar approach at Northwestern University ignite a shift in mindset? Is it time for a mentality makeover in the NU students? Let's spark a conversation and explore how we can foster a more entrepreneurial culture across the Midwest! 🗣️💡 Share your thoughts, experiences, and ideas in the comments below. 👇 Together, we can support and empower the next generation of innovators, no matter where they call home! #StartupMindset #MidwestInnovation #UniversityEntrepreneurship #BridgingTheGap

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Daniel Lee

Growth & Strategy @ KPMG | Adjunct @ Northwestern | Frontier Explorer 🛰

7mo

Capital raised shows a different story. During the last decade, Northwestern graduate founders raised $50 billion, putting it in 10th place. Universities 7-9th place raised $53-55 billion each... a close race. Northwestern may not produce as many founders but they are certainly successful at raising. It's just all in California - 40-50% of deals every year since 2017. IMO need to bring deal flow into IL while retaining talent. Love to hear others on this

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