Stanford is well known for churning out successful entrepreneurs like SnapChat’s Evan Spiegel and Bobby Murphy. Then there is Harvard’s famous attendee Mark Zuckerberg and MIT’s Drew Houston and Arash Ferdowsi. Using the CrunchBase dataset, we wanted to find out what schools are really leading the production of new entrepreneurs. The data does show Stanford leading the way, but other schools are not far behind.
Now for the some caveats about our analysis which, of course, was based on the CrunchBase dataset. In the graph above, graduate degrees were categorized the same as undergraduate degrees and the founder’s graduation information had to be present. Using these filters, we looked at 6,150 founders from 4,885 companies – you can download the data here.
The top 25 university programs for founders/cofounders, without filters were:
|Top 25 University Programs||Total (Count)|
|Massachusetts Institute of Technology (MIT)||171|
|University of California, Berkeley||156|
|Harvard Business School||112|
|University of Pennsylvania||76|
|Stanford University Graduate School of Business||74|
|University of Michigan||66|
|University of Southern California (USC)||66|
|Carnegie Mellon University||61|
|Tel Aviv University||56|
|University of California, Los Angeles (UCLA)||56|
|The Wharton School of the University of Pennsylvania||52|
|New York University (NYU)||44|
|University of Illinois at Urbana-Champaign||43|
|University of Waterloo||41|
|University of Cambridge||38|
|University of Oxford||38|
|University of Chicago||37|
Next we looked at the degrees earned by founders in CrunchBase. Most graduated with an emphasis in computer science, business, or electrical engineering.
Finally we looked at the founders most recent graduation year and analyzed how long it took for these individuals to found/co-found a funded startup. Our data shows that it takes on average 8 years from graduation to founding date; however, that’s based on a very small sample of 575 founders with profiles containing graduation date. We suspect the actual time may be larger because more experienced founders may not feel graduation date an important part of their profile.
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