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I am not sure why there are so many negative ideas about academic affiliation. StartX is not the only startup accelerator around. Limiting themselves to founder
by gregwebs 13y ago
I am not sure why there are so many negative ideas about academic affiliation. StartX is not the only startup accelerator around. Limiting themselves to founders with a Stanford affiliation differentiates them from others and allows them to heavily leverage existing networks. Disclaimer: I work at a StartX accelerated company.
As another commenter pointed out: Stanford is probably already investing in VC funds. This just lets them cut out the middle men, particularly considering they are required to invest along side other VCs.
- partyanimal 13y agoCorrect. Stanford already invests 12% of its financial assets in private equity (PE firms, venture capital, etc.) http://www.smc.stanford.edu/sites/default/files/site_files/Report%20from%20SMC%202011.pdf http://www.smc.stanford.edu/sites/default/files/site_files/R... Not surprising to see private equity providing the biggest return (35%) of all of Stanford's asset class (Bonds, Real Estate, Stocks, etc.).
- gregwebs 13y agoActually that is very surprising relative to average VC return. Is there a way to break down the PE category?