Entrepreneurs can come from anywhere. From where do the most successful entrepreneurs come from? Here’s a look according to recent data from Pitchbook.
The Top 5
In first place among all other universities around the world is Stanford University. According to Pitchbook, the number of founders stands at 1,427 and the number of companies sums to 1,271.
In second place is the University of California at Berkeley with 1,406 founders and 1,266 companies.
Rounding out the top five are Harvard University at 1,184 founders and 1,061 companies, Massachusetts institute of Technology at 1,065 founders and 943 companies, and the University of Pennsylvania at 1,038 founders across 952 firms.
Looking at total capital raised, the amount sums to a good amount of money, with Stanford founders having raised almost $74 billion. The other top fundraisers are well behind Stanford’s lead, with the University of California at Berkeley at about $46 billion, Harvard University at about $50 billion, Massachusetts Institute of Technology at about $46 billion, and the University of Pennsylvania at $32 billion.
Source: Pitchbook
Ranks 6 Through 10
Shifting to the second tier of venture capital fundraisers (if you can call them “second tier”), in sixth place is Cornell University, with 826 founders across 772 companies. In seventh place is the first non-American university – Tel Aviv University in Israel – with 814 founders across 677 companies. The remaining members of the top 10 include the University of Michigan at 814 founders across 745 companies, the University of Texas at Austin at 738 founders across 670 companies, and Yale University at 626 founders across 584 companies.
Looking at the amount of money raised, the amount of money sums to a significant amount, with Cornell leading this pack at about $30 billion. Behind Cornell’s lead are Tel Aviv University and the University of Michigan with both at about $27 billion. The last three members of the top 10 include the University of Texas at Austin’s fundraising amount of about $15 billion and Yale University at about $22 billion.
Source: Pitchbook
Ranks 11 Through 15
Shifting the third tier of universities, coming in at eleventh place is the University of California at Los Angeles with 620 founders across 591 companies. Other members of the group include Princeton University at 605 founders across 568 companies, Columbia University at 586 founders across 544 companies, the University of Illinois, Urbana-Champaign at 581 founders across 541 companies, and Technion – Israel institute of Technology at 576 founders across 493 companies.
Looking at the amount of money raised, founders educated at the University of California at Los Angeles have raised about $20 billion, founders at Princeton have raised about $28 billion, founders at Columbia University have raised about $22 billion, founders at the University of Illinois at Urbana-Champaign have raised about $22 billion, and founders at Technion – Israel Institute of Technology have raised about $18 billion.
Source: Pitchbook
Summing Up
Overall, in the increasingly competitive venture capital world, universities can play an integral role in supporting success. Of the top 15 universities in the world for successful entrepreneurs, 13 are based in the United States and two are based in Israel.
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