European universities demand 10% equity while Stanford relies on alumni donations
Luke Feeney · This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation · Mar 8, 2022 · at 2:33
Luke Feeney, co-founder of TerminusDB, discusses the structural equity challenges European academic spin-outs face compared to American counterparts.
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“So Stanford, for example, has gone very progressive on that. So they let them spin out and then expect them to give the money back just in firms of like, you know, you're a billion dollar company. Give us a few million there for an endowment. Whereas Europeans are much more, let's get our 10%.”
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