Stanford University Is Going To Invest In Student Startups Like A VC Firm
Stanford University is going to start directly investing in students’ companies. Stanford is also giving a $3.6 million grant to StartX, a non-profit startup accelerator for Stanford-affiliated entrepreneurs.
StartX founder and CEO Cameron Teitelman tells me Stanford will only invest in StartX companies and alumni companies. Stanford’s investment fund will have an uncapped size.
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