Fostering Start-ups at University

You can see why universities want to get foster potentially breakthrough research projects when you see could be on offer. The ultimate example of a university that has truly benefited from fostering a start-up was Stanford University. One of Google’s main assets, the Page Rank patient, is owned by Stanford University. When the initial public offering took place for Google on August 18, 2004, one of the big winners was Stanford University. When the IPO was complete, their shares were worth approximately $179.5 million. Stanford cashed in some of its assets immediately raising a cool $15.6million overnight. Nice work!

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