breaking the record as the first university to add more than $1 billion in a single year.
Four out of the top 11 cities that house the most H-1B visa holders are all in Silicon Valley.
The most telling evidence is that Stanford’s campus is producing more tech startup founders than any other campus.
But what’s even more curious is that some students, particularly in the graduate department, don’t even finish their degrees. It’s monumental to pay thousands of dollars for a master’s degree in computer science, only to leave to launch a startup.
StartX is an exclusive 3-month incubator program to help meet the demand for students who want to take their business ideas to the market — complete with renowned mentorship and support from faculty and industry experts to help the brightest Stanfordites turn their ideas into a reality.
In a recent talk, Stanford President John Hennessy proudly spoke about this program as a launchpad for students to scratch their itch for entrepreneurship. But when an audience member asked him about students dropping out of school, he said, “Look, for every one Instagram success, there are another 100 failed photo-sharing sites.” And, he added, “So far, all of the StartX program students have graduated — at least all of the undergrads.”
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