Wheelz, buoyed by success in California, looks to expand nationally thanks to substantial financial backing.
During a time of funding shortfalls for universities and student groups across the country, the ASSU has not only avoided running a deficit, but has continued to add to its $1.2 million general fees reserves and buffer funds – in large part because it seldom fully spends the money it receives from student fees.
The University Entrepreneurship Report, released Monday by CB Insights, said that Stanford alumni raised the most funding of six universities studied for venture capital and angel deals from 2007 to 2011. Graduates or dropouts from the schools studied in the report – Stanford, Harvard, MIT, NYU, UC-Berkeley and the University of Pennsylvania – were responsible for $12.6 billion in transactions over 559 deals.
CourseWork, Stanford’s centrally supported and oft-criticized class management system, has enjoyed a sustained growth in popularity among Stanford users even as faculty and University administrators continue to promote and develop attempts to complement or replace it.