This is part of my Series on University Entrepreneurship.
Upon spinning-off 13 companies from Columbia University in FY 2009, we at the Venture Lab realized that we’d now eclipsed the century mark with over 100 spinoff companies historically. We were also heartened by the fact that over 30 of these had been venture-backed at some point in their life-cycle, over 20 had either been sold or gone public and among them they had created in excess of 1500 jobs and raised over $1 Billion in venture capital.
It’s a testament to all the great work being carried out by the faculty and grad students in the 7,000 plus labs at the University, by the business school’s entrepreneurship center and by the talented entrepreneurs and investors who stepped up to take fledgling ideas and transform them into commercial ventures.
It’s also just a snapshot of the emerging behemoth of university entrepreneurship being loosed upon campuses around the country.
(Above find just a few of Columbia University’s portfolio companies)
For Part Sixteen in in this Series, click here