Stanford University has a lot of smart people. But the school’s nickname is dumb: the Stanford Cardinal. As in the color red. How unimaginative. Here’s a better idea: the Stanford Entrepreneurs.
Yes, harder to fit on a souvenir coffee mug but a much more accurate handle. A recent study by business research firm CB Insights shows Stanford dominates all other universities in the field of alumni entrepreneurship.
The first-ever University Entrepreneurship Report tracks companies founded by or led by alumni (and dropouts) from six top U.S. schools – Stanford, Harvard, UC Berkeley, New York University, University of Pennsylvania and MIT – and the funding they’ve received.
Stanford alums have raised $4.1 billion in 203 financings. Harvard alums are second, at $3.8 billion in 112 financings. But strip out Facebook and Harvard funding drops to just $1.8 billion.