Top Universities Producing VC-Backed Entrepreneurs
October 23, 2013
With college football season in full swing, it’s easy to get caught up rating your alma mater by tallying up the win and loss columns. Between BCS rankings and March Madness, we seem to be constantly ranking our universities on achievements in athletics. Maybe we should also rank our favorite institutions of higher learning based on how they contribute to the nation’s economic growth. After all, the core aim of universities across the country is to increase the intellectual capital of society.
In order to get an idea of how universities have contributed to economic growth, PitchBook pulled data that ranks schools based on the number of alumni who founded U.S.-based companies that received a first round of venture capital funding from 2010 to the end of the third quarter of 2013. The idea is that universities produce outstanding students, who go on to start companies with innovative products or ideas, some of which will be innovative enough to attract the attention of venture capital investors and theoretically generate jobs as the company grows.
To continue reading and see the rest of the top 10 universities, click here.