Carnegie Mellon and Princeton, which had a relatively low number of funded founders and a relatively low number of total capital raised, instead have a signific

Carnegie Mellon and Princeton, which had a relatively low number of funded founders and a relatively low number of total capital raised, instead have a significantly higher amount of average first funding. UCLA also placed. Perhaps the students from these three universities tend to have more ambitious startup ideas? The field of endeavor may have more to do with it than ambition. Pittsburgh startups are disproportionately in biotech, for example, which tends to be capital-intensive.