Stanford's Gift to the World: Alumni's Vast Economic ImpactAlison Damast
Stanford University’s graduates are well known for their legendary entrepreneurial success. But up till now, it has been hard to measure just how large an economic footprint these alumni have left behind. A new study out of Stanford University released last month shows that it is vaster than perhaps anyone imagined, with 39,900 active for-profit companies that can trace their beginnings back to Stanford. In addition to founding businesses, Stanford graduates have also created some 30,000 nonprofit organizations.
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