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Where to begin? 1) Universities, and I mean through official channels, are not great at creating startups. I'd rather they focus on basic research. No, Google
by shoguning 8y ago
Where to begin?
1) Universities, and I mean through official channels, are not great at creating startups. I'd rather they focus on basic research. No, Google was not started 'by' Stanford, etc. The biggest company I know of to come out of a university (founded by a professor) is Broadcom in 1991. Anyone know of a bigger one?
2) Be skeptical of the "$416,442,265" in funding claim. How many of those companies would have gotten funding anyways? This is a tactic incubator programs use: claim affiliation with a successful startup that's about to get a lot more funding. Then the startup gets to employ a "co-founder" for peanuts.
3) I don't think universities do a great job of protecting the rights contingent labor. See: grad school. I can see this program as being very abusive to participants.
Further, this is _exactly_ the type of thing that H-1B critics would point to as an abuse of the system. Honestly it's odd seeing this done out in the open and celebrated.
- rjzzleep 8y agoH1B is abusive in nature. Most of the times it's a take it and shut up Visa. Sometimes you get a "mm we might start a naturalization process, but if we don't like you probably not". A lot of H1B workers ended up with quite a bit of issues, a lot of them never got the Green Card process started. So, I don't see how this could be worse. At least they claim that they will help you so you might be more inclined to put it in your contract.
- wocka 8y agoIt's not as big as Broadcom, but what about Akamai out of MIT?
- kofejnik 8y ago> have raised over $416,442,265 what a specific number! I'm wondering, was it something like $416,442,265.19, or maybe closer to $416,442,265.75?