UChicago Top 10 in Entrepreneurship

From the Detroit Free Press

  1. Stanford University
  2. Harvard University
  3. University of California, Berkeley
  4. University of Pennsylvania
  5. Massachusetts Institute of Technology
  6. Cornell University
  7. College dropouts with no degree
  8. University of Chicago
  9. Columbia University
  10. University of California, Los Angeles

http://www.freep.com/story/money/business/2017/10/30/michigan-beats-yale-princeton-duke-alumni-entrepreneur/806182001/

Not sure this shows UChicago in the best light, what with the COA being over $72,000 per year and apparently you can do better if you skip college altogether :))

Lol. Super-Geniuses dont need to go to school!

(Saying one is better off by skipping college, on average, would be really bad math though. Just pointing it out in case someone takes your post seriously.)

Well apparently the super-geniuses are better off staying in school and getting that degree, as long as it’s Stanford, Harvard, Cal, Penn, MIT or Cornell. Perhaps there is a strong signalling value to the diploma. Or perhaps claiming you dropped out of an Ivy or equivalent is part of EVERY super-genius’s resume now, whether true or not, so they need the diploma to be credible.

Are you serious about these comments about dropping out of school being better than staying at UChicago but not better than staying at Stanford, Harvard, Cal, Penn, MIT or Cornell?

Wow, I did not think it, but you clearly failed math.

Actually you must mean I failed logic :slight_smile:

In all honesty this ranking, which lists the top schools for graduating entrepreneurial types in order of funding received for their ventures, appears a tad awkward for UChicago. However, in the interest of clarity and openness you have pointed it out, which is commendable.

If we’re being forced to be logical here, don’t we need to consider the numbers of these successful entrepreneurs from the Dropout Academy in relation to the total numbers of all members of that distinguished institution? I reckon the odds must favor holders of Entrepreneurship diplomas from actual schools.

However, my heart is not really in that analysis: I don’t much like to see research institutions, especially ones devoted to theorizing, like Chicago, trying to teach people how to run hamburger joints or whatever else counts as entrepreneurship. I have similar feelings about creative writing programs in English Departments. This kind of thinking leads quickly to the abomination of engineering majors! Where will it stop? With ivy-covered garages dishing out degrees in auto mechanics? With a new kind of Monsters of the Midway doing advanced research in Formula 1 racing on a track girdling the campus?

@marlowe1 - what a great idea to have formula racing - or at least go-kart racing - around the midway! There are actually three sections if you want to divide up the fun. I’d pay to do it.

Gates and Jobs are not exactly representative of the Dropout Academy. The ranking results from the extreme upper tale of that pool, although it’s not clear that some could have gone to college (or a decent college) had they actually tried to see it through. Sometimes the brains that come up with the amazing ideas just work so differently from everyone else’s that conventional learning does them no good. I know several uber creative types who have made a good amount of money. The one who made the most (and sold his company to a well known venture firm) only graduated from (a really cruddy) state college because his dear aunt made him. He had to earn his GED first (as he had actually dropped out well before college!). These are likely a few of the characters making up #7 on the ranking. However, it’s going to be a mixed pool and the number is probably driven by a few home-runs rather than the median amount.

So I’m not surprised to see such a high correlation between top research and top venture capital dollars for your project. Sometimes the outside-the-boxers come up with a revolutionary theory, and at other times a revolutionary widget. But both types usually start with an unusual idea. A rigorous idea-filled environment seems the perfect lab for sparking that kind of thinking.

What I find interesting is the total lack of looking at the company that commissioned this study, it seems they are an online graphic logo company. Hmmmmm why would they do this?.. maybe free publicity for their company, and with the self admitted holes in the study you have to take this with a big grain of salt. Forums are notoriously bad for re-publishing bad/poor data as fact.

@CU123 if we discount all the rankings that fall under suspicion, then that will eliminate about 99% of our conversation about rankings. Where’s the fun in that?

No ranking should be viewed as “fact”.

…but some are definitely less factual,than others.