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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We love Canadian founders! 🍁 Checkout who made the list of schools that PitchBook says are fueling great founders through their undergraduate programs. Do you think this is drive because of the programs themselves, the culture in their local ecosystems or something else? 🤔 #founders #startups #Canada #entrepreneurship #tech
Founder & Managing Partner at Maverix Private Equity. Founder, OMERS Ventures and Co-Founder, Council of Canadian Innovators
PitchBook's annual list compares undergraduate and graduate programs globally by tallying up the number of startup founders among their alumni. Both University of Waterloo(#21)and University of Toronto (#27) fared prominently in the lists which also included McGill University (#28), The University of British Columbia(#43), Queen's University(#63), and Western University (#98) in the top 100 undergraduate programs globally as a source for tech founders. Well done 🇨🇦 🇨🇦🇨🇦!!! https://lnkd.in/g377B8kW
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Echoing accolades from John Ruffolo below for Canadian Universities, here is some "Back of the envelope" math (IE some rough consolidation assumptions herein)… Top 3 by reported number of companies generated and capital raised Harvard, Stanford, MIT. Together accounted for 15,670 or 30.2% of the total number of companies created by "the top 50 universities" and 34.7% of the total capital raised by “the top 50 universities” at $827B. Top 5 by reported number of companies generated Harvard, Stanford, MIT, U Penn, UC Berkeley together account for 22,900+ or 44.2% of the total number of companies created by “the top 50 universities” and 47% of the total capital raised by “the top 50 universities” of $2.39T. Schools that reported generating over 1,000 companies Out of the schools that generated over 1,000 companies, (top 16 schools) the average capital raised per company was $44.6MM+/- ranging from a low of $36MM to a high of 65.2MM (Tel Aviv University). For this cohort, total capital ranged from a low was $38.5B to Stanford and Harvard at $343B and $395B respectively. Universities reported as generating over $32.5B in capital (top 50) After consolidating the reported degree level segregation for each of the schools that generated over $32.5B in capital per school there are 50 schools.
Founder & Managing Partner at Maverix Private Equity. Founder, OMERS Ventures and Co-Founder, Council of Canadian Innovators
PitchBook's annual list compares undergraduate and graduate programs globally by tallying up the number of startup founders among their alumni. Both University of Waterloo(#21)and University of Toronto (#27) fared prominently in the lists which also included McGill University (#28), The University of British Columbia(#43), Queen's University(#63), and Western University (#98) in the top 100 undergraduate programs globally as a source for tech founders. Well done 🇨🇦 🇨🇦🇨🇦!!! https://lnkd.in/g377B8kW
PitchBook Universities: Top 100 colleges ranked by startup founders
pitchbook.com
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"What if we treated startups like sports teams?" This thought hit me during a recent campus visit, and it's been occupying my mind ever since. On our college campuses, we have: • Football fields for aspiring athletes • Basketball courts for future NBA stars • Swimming pools for Olympic hopefuls But where's the startup arena for our budding entrepreneurs? Imagine a dedicated space where: • Students pitch ideas daily, honing their communication skills • Prototypes are built and tested, turning concepts into reality • Entrepreneurs-in-residence coach teams, sharing real-world wisdom • Local businesses offer real-world challenges, bridging theory and practice It's not just about creating businesses. It's about fostering an entrepreneurial mindset that can benefit students across all disciplines. This approach develops crucial skills: • Creative problem-solving: Finding innovative solutions to complex issues • Teamwork under pressure: Collaborating effectively in high-stakes situations • Resilience in the face of setbacks: Learning to pivot and persevere These are skills crucial for ANY career path in our rapidly evolving job market. The benefits of such a "startup arena" extend beyond individual students: • Universities can strengthen ties with local business communities • Companies gain access to fresh talent and innovative ideas • Local economies benefit from increased entrepreneurial activity Some universities are already moving in this direction. For example, MIT's Martin Trust Center for MIT Entrepreneurship provides a collaborative space for student entrepreneurs. Similarly, Stanford's StartX is an accelerator program that supports student and faculty startups. But we can go further. I envision a fully integrated "startup arena" that's as central to campus life as the student union or library. A place where: • Cross-disciplinary collaboration is the norm • Failure is seen as a learning opportunity • Innovation is celebrated and supported At The Forge School, I'm working to bring this vision to life, collaborating with educators, business leaders, and policymakers. Because the entrepreneurs of tomorrow deserve a training ground today. What features would you include in a campus "startup arena"? Share your ideas! Let's work together to reshape entrepreneurship education for the 21st century. #EntrepreneurshipEducation #CampusInnovation #StartupCulture #FutureOfLearning
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In today’s dynamic knowledge economy, the concept of an Entrepreneurial University is revolutionizing higher education. These aren’t just places of learning—they’re powerhouses of innovation, driving economic growth and making a real impact on society. So, what sets these universities apart? Turning Ideas into Impact: Entrepreneurial Universities bridge the gap between research and real-world impact. From creating intellectual property and patents to launching spin-off companies, they ensure that academic breakthroughs fuel economic and social progress. Entrepreneurship in Every Classroom: Here, entrepreneurial thinking isn’t an add-on; it’s at the core of every discipline. Students dive into courses on entrepreneurship and innovation management and get hands-on experience through incubators, accelerators, and their own startups. Partnerships That Drive Progress: Collaboration is the name of the game. These universities forge strong partnerships with industry, government, and other key players, opening doors to research opportunities, funding, internships, and career paths that boost regional and national growth. A Culture of Innovation: Risk-taking, creativity, and innovation are in the DNA of Entrepreneurial Universities. They provide the support needed—whether through dedicated entrepreneurship offices, innovation hubs, or funding—to turn bold ideas into reality. Engaging Beyond the Campus: These universities don’t just exist within their walls. They’re deeply connected to their communities, tackling real societal challenges through applied research, social enterprises, and public-private partnerships. Why Does This Matter? In a world that demands relevance, Entrepreneurial Universities are aligning their work with the needs of both the economy and society. They’re not just preparing students for jobs—they’re empowering them to create jobs, drive innovation, and lead regional and economic growth. Are you ready to be part of the future? #EntrepreneurialUniversity #InnovationInEducation #HigherEducation #KnowledgeEconomy #UniversityInnovation #EconomicGrowth #Entrepreneurship #IndustryCollaboration #CommunityEngagement
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Exciting Trends in Student-led Startups: A Shift in Educational Backgrounds We're thrilled to share some fascinating insights from our latest report on the educational backgrounds of student entrepreneurs. Here's what we've observed: Key Findings: - Tech still leads: BE/BTech and MTech graduates continue to dominate, comprising over 50% of student founders. This aligns with the tech-centric nature of many startups. - MBA on the rise: MBA founders increased from 11.78% last year to 13.11% this year – a significant jump! The MBA Shift: Traditionally seen as a fast track to corporate success, we're witnessing a paradigm shift. More MBA students are choosing the entrepreneurial path over lucrative job offers, bringing their business acumen to the startup ecosystem. Diversity in Education: While tech backgrounds remain prevalent, we're seeing a rich mix of founders from various educational backgrounds, including BBA, B.Com, and even school students entering the startup arena. What does this mean for the startup ecosystem? - A more holistic approach to problem-solving - Potential for stronger, more well-rounded founding teams We're excited to see how this educational diversity will shape the future of innovation and entrepreneurship! What are your thoughts on this trend? Read the full report here : https://lnkd.in/gmhviSmq Powering fearless #student #entrepreneurs challenging the status quo!
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🎓 Transformative Education Investment: Launch the Next Great University! This unique opportunity has piqued the interest of numerous investors since we announced it a few weeks ago but remains open for investment. Be quick to secure your place in this exciting venture. So what are the details again? 📈Surging Demand: With over 1 million student applications expected by 2026, there is an imminent launch of a unique hybrid university model that combines online and offline learning opportunities. 🤝 Elite Partnerships: Imagine an educational framework developed with insights from leaders who have revolutionised streaming media, electric vehicles, and global hospitality - we bet you all know who they are! The curriculum is designed by these industry pioneers. 🚀 Distinguished Leadership: The university is spearheaded by a team with a solid track record in scaling educational ventures and securing significant startup exits worth over £140 million. 💸 Capital Call: There is a call for £2 million in investment to establish the first independent university in Northern England since 1964. This is a chance to invest in pioneering a future-focused educational model. 🌟 Exceptional Executives: The leadership includes the former COO of Imperial College London and the UK's Chief Youth Officer, both committed to redefining educational excellence. 💼 Investor's Call to Action: Conversations are welcomed with investors who wish to support a transformative educational experience. Interested investors are encouraged to get in touch. Paul Humphreys paul@jh-ei.com #EducationInvestment #HigherEd #UniversityStartup #InnovativeEducation #EdTech #FutureOfLearning #InvestInEducation #OnlineLearning #OfflineLearning #HybridEducation #EducationalInnovation #TechPioneers #GlobalHospitality #StreamingMedia #ElectricVehicles #StartupExits #NorthernEngland #InvestmentOpportunity #LeadershipExcellence #EducationalLeadership #TransformativeEducation #StrategicInvestments #EducationalPartnerships #VisionaryLeadership #EducationalExcellence
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🚀 Calling All IE Startups! 🌟 Are you a startup seeking fresh perspectives and innovative ideas? Join our Startup Experience Fellowship program to connect with talented IE students ready to support your growth. What This Fellowship Offers: 📚 Access to Talent: Engage with IE students bringing valuable knowledge and insights. 🤝 Networking Opportunities: Build lasting connections with future business leaders and potential partners. ⏳ Flexible Commitment: Fellows dedicate 4-8 hours weekly, balancing support for your startup with their studies. 🔍 Diverse Expertise: Benefit from skills in marketing, operations, finance, product development, and more. Why Participate? 🔍 Experiential Learning: This fellowship is for learning and growth, not formal employment. Students gain real-world experience, and you benefit from their fresh perspectives. Interested? Comment below or message us to get involved. Let's innovate and grow together! 🚀 #Startups #MBAFellowship #Innovation #BusinessGrowth #IEFellowship #Undergrads IE Entrepreneurship Club IE Entrepreneurship & Innovation Center IE Business School Ariel Rose Borrego Victoria Pérez Jiménez
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📚 Book Review: What is missing in 'A PhD Is Not Enough!' by Peter J. Feibelman – A Must-Read for PhD Students! 🎓 As a PhD student or postdoc, have you ever wondered "What’s next?" This question is precisely why A PhD Is Not Enough! is an essential read. Peter J. Feibelman offers a practical and eye-opening guide for early-career scientists navigating life beyond graduate school. His advice on crafting research proposals, presenting effectively, and networking strategically resonates strongly in today’s competitive academic and professional landscape. Key Takeaways: 1️⃣ The Need for Strategic Planning: Feibelman emphasizes the importance of planning a career rather than leaving it to chance. 2️⃣ Communication Matters: Learn how to present your research convincingly and write proposals that stand out. 3️⃣ Building a Network: Find mentors and collaborators to build a sustainable career. While the book is an invaluable resource, I noticed it largely focuses on academia and research-related career paths. In today’s evolving job market, there’s an equally exciting opportunity PhD students should explore: entrepreneurship. Here are a few thoughts on why entrepreneurship might be worth considering: 🔍 Problem-Solving Skills: As researchers, you’re trained to identify gaps and solve problems—essential traits for starting your own venture. 🚀 Innovation Potential: Transform your research into impactful products or services that address real-world challenges. 💡 Autonomy: Entrepreneurship provides a path to apply your expertise on your terms, blending passion with purpose. To all current PhDs: As you chart your post-graduate journey, think expansively about where your skills can take you. Whether it’s academia, industry, or your own startup, opportunities are limitless. #PhDLife #CareerDevelopment #Entrepreneurship #Innovation #BookReview
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I was curious about the educational backgrounds of founders behind the 500 most valuable unicorns in private markets. Thought I’d share my findings: Harvard, Stanford, & MIT comprise ~1/5 of top 500 private unicorns 🦄 Undergrad: *Stanford: 49 unicorns *MIT: 27 unicorns *Harvard: 18 unicorns Graduate: *Harvard Business School: 19 unicorns *UC Berkeley: 18 unicorns *Oxford: 17 unicorns Most surprising to me? Oxford in 3rd for graduate programs! Also, Tsinghua University and Tel Aviv University undergraduates in the 5th and 6th slot with 13 and 12 unicorns, respectively. What’s most surprising to you? Top 15 for undergrad and graduate programs shown below This took me weeks! Please share and lmk your thoughts Curious about another school? Drop a comment and I'll reply — At Phoenix Fund, we invest in Harvard/HBS founded startups. Send a note and lets connect!
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Growth & Strategy @ KPMG | Adjunct @ Northwestern | Frontier Explorer 🛰
7moCapital 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