What are some of the techniques learned by entrepreneurs at Stanford or MIT by VC?


The most important aspect of going to school like Stanford or MIT is access to network of Venture Capitalists. They form a very tight bond with the students. The venture capitalists like to groom these exceptional students with proper mentorship. The connections are deep and there is a school print that is stamped, which contains the core values and principles. The venture capitalists have seen many students, and hence understand the student strengths and weaknesses very well. There is a father figure and teacher bond in many cases and long term relationship investment. The venture capitalists introduce them student entrepreneurs to their social network. There are after school parties and dinners. Many other successful entrepreneurs stop by the school on a regular basis and keep connection with the faculty. The successful entrepreneurs are investors that are looking for the next great, shining entrepreneur to change the face of the technology industry. The student entrepreneurs are the eyes and ears of the venture capitalists. Through them, they are up to date on the technology changes. Every investor is looking for the next successful startup, so they can invest earlier. The return on investment is much larger if the investor can invest early. However, there are many startups out there, so the investors have to be very careful to make the right decision. If a major investor is working with a startup, that is very good indicator for a successful investment. The student entrepreneurs have full access to the venture capitalists. There are lawyers, technical founders, business founders, investors both active and passive, college professors, mentors, advisors and any guidance that is required. In some cases, if the entrepreneurs are too bright, the venture capitalists give them lots of cash and encourage to go directly into building a business.