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Stanford, Berkeley are the top founder factories in the world, PitchBook reports


DoorDash CEO Tony Xu
DoorDash CEO Tony Xu co-founded the San Francisco delivery business in 2013 with Andy Fang and Stanley Tang when they were all students at Stanford.
LiPo Ching | San Francisco Business Times

Stanford University and the University of California, Berkeley, remain the top producers of startup founders in the world, according to the latest edition of PitchBook Data's annual report on higher education and entrepreneurship.

A total of 1,427 students from No. 1 Stanford's undergraduate programs went on to found a startup, according to PitchBook Data's report, while 3,710 from its graduate programs did so.

No. 2 Berkeley is close behind on the undergraduate founder count, with 1,406. Cal slipped back to No. 5 in terms of founders who came from its graduate programs, with 1,459.

Both schools were far ahead of the number of undergraduate founders that came from the Massachusetts schools that followed them. Harvard University is No. 3 on that count with 1,184 and Massachusetts Institute of Technology is No. 4 with 1,065.

Harvard's graduate programs are the second biggest source of founders, with 3,222. MIT's grad school is No. 3 with 2,459 and Columbia University's is No. 4 with 1,586.

Two other Bay Area schools made the PitchBook rankings of the top 100 founder schools in the world. UC Santa Cruz is No. 100 for undergraduate founders, with 147. Santa Clara University is No. 93 for graduate school founders, with 154.

All of these schools produced far fewer female founders than male founders, according to PitchBook. Stanford's undergrad schools are No. 1 in this regard, but only 219 female founders came through there. Harvard is No. 2 with 204 and Cal came in at No. 3 with 198.

Harvard had the most female grad students who founded companies, with 579, beating No. 2 Stanford with 498. Cal drops to No. 6 in this category, with 197 female founders.

PitchBook revamped its annual report but it still produced much the same results as last year's edition.

This year's report tallied the number of founders who were enrolled in the schools in the past 10 years, rather than a 15-year review as it had in the past. This year's report also included founders who attended any type of graduate school, not just ones in MBA programs.


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