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"We also looked at whether the college a founder attended might impact company performance. Unsurprisingly, teams with at least one founder who went to a “top s
by pmikesell 11y ago
"We also looked at whether the college a founder attended might impact company performance. Unsurprisingly, teams with at least one founder who went to a “top school” (unscientifically defined in our study as one of the Ivies plus Stanford, MIT and Caltech) tend to perform the best. Looking at our community, 38% of the companies we've invested in had one founder that went to one of those schools. And, generally speaking, those companies performed about 220% better than other teams!"
I'd love to see an inverted analysis of this effect, ie. which schools had the best indication of success. Pre-deciding to look at their definition of "top schools" is probably only seeing part of the picture.
- chetanahuja 11y agoumm.... I think a major oversight here is leaving out IIT founders. The valley startup and venture scene is rife with IITians and there's a pretty tight network effect at play for founders/VC's etc. there.