Unicorn founders, often mythologized as college dropouts in garages, are examined in a recent Endeavor Insight study. The research unveils the real stories behind these entrepreneurs, revealing diverse paths to billion-dollar success. Immigrants or second-generation immigrants make up 55% of top US unicorn founders, with India, Israel, China, Ukraine, Canada, and Russia as key origins. Educational backgrounds vary, challenging the elite university stereotype. Work experience reveals that 20% worked for elite employers, while most had startup experience, with half being serial entrepreneurs. Industry and skill sets, as well as impact and sector focus, differ between emerging markets and the US. This study demystifies the unicorn legend, emphasizing the dynamic and interconnected nature of entrepreneurial journeys.
Ever wondered how startups secure early-stage funding without locking in a valuation? Enter Simple Agreements for Future Equity (SAFE). This investment instrument provides a flexible way for startups to raise capital, deferring valuation until later. Here's a quick dive into how SAFEs work and why they're a game-changer for university-driven startups.
Book review: In "Unlocking Your Inner Entrepreneur: The E-Mind Revolution," Jeff Oberbrunner challenges conventional views on entrepreneurship, asserting that everyone, not just a bold minority, is an entrepreneur. His book explores how embracing this mindset brings peace, confidence, and ten success-driving traits. Oberbrunner's insights empower individuals, regardless of their profession, to navigate today's competitive landscape with entrepreneurial prowess.
Book review: David Meerman Scott's "The New Rules of Marketing and PR" is an essential guide for aspiring student entrepreneurs navigating the digital marketing landscape. Scott illuminates modern strategies, emphasizing the transformative power of digital media, real-time marketing, and compelling storytelling to forge authentic connections in an ever-evolving environment. Timeless insights for sustainable success.
In 2022, the global startup ecosystem witnessed a significant surge in accelerator activity, despite a 4% decline in the overall venture market deals.
Follow the hub´s initiatives and join some of the activities
Curriculum Integration, Mentorship Programs, Incubator programs, Workshops, and Networking Opportunities can cultivate a generation of forward-thinkers.
Entry strategies are fundamental to the success of university start-ups. Find out more here about the best strategies.
Exchange students arrive at SeAMK from 15 countries and 49 higher education institutions to complete double degree studies throughout the academic year.
Óbuda University has established a venture capital company in Hungary!