The 13 best schools to find the next $1 billion 'Unicorn' startup

You might think the most successful startups are born in garages (following the famous HP script), but a lot of the most innovative tech ideas were actually made in college dorm rooms.

Research firm Pitchbook determined which schools have created the most companies with a valuation over $US1 billion, the so-called “unicorn” companies, before going public. The firm looked at all the unicorn founders and tallied up which schools had produced the most billion dollar companies (whether the unicorns were actually created at the school or the founders created the companies after leaving the school).

See which schools breed the most unicorns:

12) University of Southern California

Stephen Dunn/Getty

Number of unicorns founded: 3

Top 3 companies: Box, Lookout, Instacart

VC capital raised: $US1.11 billion

10) Dartmouth College

Dartmouth/Facebook

Number of unicorns founded: 4

Top 3 companies: Funding Circle, OnDeck, New Relic

VC capital raised: $US831 million

7) Brigham Young University

Facebook/IAFEngTech

Number of unicorns founded: 4

Top 3 companies: Qualtrics, Pluralsight, Insidesales.com

VC capital raised: $US783 million

4) Cornell University

Cornell University College of Engineering/Facebook

Number of unicorns founded: 5

Top 3 companies: Lyft, Moderna, Wayfair

VC capital raised: $US2.47 billion

3) UC Berkeley

Elena Zhukova/UC Berkeley/Facebook

Number of unicorns founded: 6

Top 3 companies: Cloudera, Calient Technologies, Machine Zone

VC capital raised: $US2.50 billion

2) Harvard University

Via Wikimedia Commons

Number of unicorns founded: 9

Top 3 companies: Facebook, Cloudera, Zenefits

VC capital raised: $US5.2 billion

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