16 Replies to “Funding Post-College Dreams”

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  3. Fadi

    interesting idea that has been starting to pop up in many entrepreneurial hotbeds (silicon valley, new york). The question is, do we really need a third party start-up to do this when business schools have the capacity to do exactly this, match aspiring entrepreneurs with investors. Stanford has done this for a long time and Harvard just last year opened it’s Innovation Lab, creating its own entrepreneurial incubator (legal advice, industry connections, VCs)

    -Fadi Fayad

    • DavidRandall

      Those programs are great–if you go to business school at Stanford or Harvard. In its pilot stage Upstart already covers more schools and a broader range of students.

  4. zdranove

    Professor Randall,

        Have you seen the show SharkTank? upstart.com reminds me of that show but a little less theatrical. 
    Its a very interesting concept and hopefully helps people achieve their dreams!
    Maybe one day I’ll have an idea and use the resources on the site.

    Zach

  5. Sarah Hu

    This is very interesting and I wish it well; success stories always leave those tingly feelings. Unfortunately I can also envision many not-so-great outcomes.

    I’m not sure I know how I feel about the 3% fee (and the 1.5% service fee). And there might be some issues with a percentage of the student’s income… assuming the percentage of income is pre-tax. If a student starts a start-up, it’s questionable whether these would immediately return a profit (within the 10 years) which is probably a separate question from whether the student would get paid by his/her own company and if so how much.

    But I do like the idea — turning students’ future earnings into a product. Why not? 

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