List of companies founded by Stanford University alumni

Last updated

This is a list of companies founded by Stanford University alumni. This list is not exhaustive, as it only includes notable companies of which the founding and development history is well recorded by reliable sources. In particular, subsidiaries are listed with their owners in parentheses.

Contents

Stanford University is one of the most successful universities in creating companies, attracting funding, and licensing its inventions to existing companies. [1] [2] [3] [4] It is often held up as a model for technology transfer. [5] [6] Stanford's Office of Technology Licensing is responsible for commercializing developments. [7] The university is described as having a strong venture culture in which students are encouraged, and often funded, to launch their own companies. [8]

According to PitchBook, from 2006 to 2017, Stanford produced 1,127 company founders as alumni or current students, more than any other university in the world; and these founders created 957 companies, second only to UC Berkeley in the world. [9] [10] In addition, according to a Stanford alumni survey conducted in 2011, some 39,900 companies founded by Stanford alumni were active, and companies founded by Stanford alumni altogether generated more than $2.7 trillion in annual revenue and had created 5.4 million jobs, roughly equivalent to the 10th-largest economy in the world (2011). [11] [12] [13]

In this list, founders of a company which merged with other companies to form a new company are counted as founders of the new company. However, founders of a company which later dissolved into several successor companies are not counted as founders of those successor companies; this same rule applies to spin-off companies. Finally, a defunct company is a company that stopped functioning completely (e.g., bankrupt) without dissolving, merging or being acquired.

Top companies by revenues

Fortune Global 500 (2017)

This list shows companies in Fortune Global 500 founded or co-founded by Stanford alumni. The cut-off revenue for 2017 Fortune Global 500 companies was $21,609M in 2016. [14]

CompanyRegionFortune Global 500

(2017) [14]

Revenue in US$ millions

(2016) [14]

TypeCategoryYear foundedComments
1 Alphabet Inc. United States 6590,272Public Conglomerate 2015 [Note 1]
2 Cisco Systems, Inc. United States18749,247PublicHardware1984
3 HP Inc. United States19448,238PublicTechnology1939
4 Nike United States33132,376PublicAthletic equipment1964
5 TSMC Taiwan 36929,388Public Semiconductor 1987
6 Capital One United States39527,519Public Finance 1988

Fortune 1000 (2017)

This list shows companies in Fortune 1000 (only for companies within the U.S.) founded or co-founded by Stanford alumni. The cut-off revenue for 2017 Fortune 1000 companies was $1,791M in 2016. [15]

CompanyFortune 1000

(2017) [15]

Revenue in millions

(2016) [15]

TypeCategoryYear foundedComments
1 Alphabet Inc. 2790,272PublicConglomerate2015
2 HP Inc. 6148,238PublicTechnology1939
3 Cisco Systems, Inc. 6049,247PublicHardware1984
4 Nike 8832,376PublicAthletic equipment1964
5 Capital One 10027,519PublicFinance1988
6 Gap Inc. 17815,516PublicClothing/accessories1969
– Trader Joe's*20813,300Private Grocery 1958†Equivalently [16]
7 Micron Technology 22612,399PublicSemiconductor1978
8 PayPal**26410,842PublicFinancial services1998 (Confinity)

1999 (X.com)

9 Netflix 3148,831PublicEntertainment1997
10 Expedia 3178,774PublicTravel1996
11 Charles Schwab Corporation 3577,644PublicFinance1971
12 Nvidia 3876,910PublicTechnology1993
13 NetApp 4685,546PublicTechnology1992
14 Yahoo!***4985,169AcquiredTechnology1994
15 Intuit 5274,831PublicSoftware1983
16 Electronic Arts 5564,396Public Video game 1982
17 Akamai Technologies 8512,340PublicInternet/technology1998
– Bain & Company****8642,300Partnership Consulting 1973†Equivalently [16]
18 Cypress Semiconductor 9591,923PublicSemiconductor1982

*:Trader Joe's does not reveal its annual revenue. Its revenue is estimated by Supermarket News.

**:Merger of different companies, at least one of which was founded by Stanford alumni.

***:Yahoo! was acquired by Verizon in 2017 and is no longer an independent company. [17] However, it is still listed in Fortune 1000 by Fortune for 2017.

****:Bain & Company are not listed in Fortune 1000. Its revenue is provided by Forbes .

Former Fortune-listed companies

For each company, only the latest rankings (up to three years) are shown in this list.

CompanyFortune Global 500Fortune 1000TypeCategoryYear founded
1 Google 162 (2014)189 (2013)277 (2012) [18] 46 (2014)55 (2013)73 (2012) [19] SubsidiaryTechnology1998
2 Sun Microsystems ---204 (2010)187 (2009)184 (2008) [20] AcquiredTechnology1982
3 Atari ---400 (1989)483 (1988) [21] -AcquiredVideo game1972
4 Silicon Graphics ---876 (2003)738 (2002)625 (2001) [22] DefunctTechnology1981
5 LinkedIn ---945 (2015) [23] --AcquiredSocial media2002
6 Fairchild Semiconductor ---984 (2008)963 (2007)886 (2005) [24] AcquiredSemiconductor1957

Timeline

Index

This index also contains companies listed in section "Notable defunct & dissolved".

YearCompanies Founded
1932 Draper Laboratory
1939 HP Inc.

(Hewlett-Packard)

1948 Varian Associates
1957 Fairchild Semiconductor
1958 Trader Joe's
1964 Nike
1965 Dolby Laboratories
1969 Gap Inc.
1971 Charles Schwab Corporation
1972 Atari Kleiner Perkins Caufield & Byers
1973 Bain & Company
1978 Micron Technology
1981 Logitech Silicon Graphics
1982 Cypress Semiconductor Electronic Arts Sun Microsystems
1983 Intuit Lattice Semiconductor
1984 Bain Capital Cisco Systems, Inc. Hellman & Friedman
1986 Farallon Capital Pixar
1987 TSMC
1988 Capital One D. E. Shaw & Co.
1990 iRobot
1991 3DO IDEO
1992 NetApp
1993 Nvidia
1994 Cycorp Yahoo!
1995 WebEx
1996 Alta Partners Expedia Extreme Networks
1997 Netflix
1998 Akamai Technologies Confinity (PayPal) Google VMware
1999 SparkNotes Viking Global Investors X.com (PayPal)
2000 Pandora Radio StubHub
2001 OkCupid Two Sigma
2002 Clarium Capital Coverity LinkedIn SpaceX
2004 Palantir Technologies Redfin Trulia Tesla, Inc.
2005 Eye-Fi Founders Fund Loopt TechCrunch Workday, Inc. YouTube
2006 Youku Zillow
2007 Bonobos Glassdoor Sunrun
2008 Cloudera Yammer
2009 Ginkgo Bioworks WhatsApp
2010 Instagram Obihai Technology
2011 Gusto Snapchat Stitch Fix Sapphire Ventures
2012 Coursera Omaze
2013 Robinhood
2015 Alphabet, Inc. Draper James OpenAI
2016 The Boring Company
2017 Brex

Before 1960

CompanyTypeStockCategoryYear foundedTotal foundersFounder/co-founder from Stanford
Draper Laboratory Non-profitDefense & security19321 [25]
  1. Charles Stark Draper (B.A) [25]
Fairchild Semiconductor (NASDAQ: ON)Semiconductor19578 [26]
  1. Co-founder Victor Grinich (PhD) [27]
HP Inc./Hewlett-Packard PublicNYSE: HPQTechnology19392 [28]
  1. William R. Hewlett (B.A, PhD) [29]
  2. David Packard (B.A, M.S) [30]
Trader Joe's PrivateGrocery19581 [31]
  1. Joe Coulombe (M.B.A) [32]

1960 - 1979

CompanyTypeStockCategoryYear foundedTotal foundersFounder/co-founder from Stanford
Atari (EPA: ATA)Video game19722 [33] [34]
  1. Nolan Bushnell (M.B.A Attendee) [35]
Bain & Company PartnershipConsulting1973Unknown
  1. Co-founder Patrick F. Graham (M.B.A) [36]
Charles Schwab Corporation PublicNYSE: SCHWFinance19711 [37]
  1. Charles R. Schwab (B.A, M.B.A) [37]
Dolby Laboratories PublicNYSE: DLBAudio electronics19651 [38]
  1. Ray Dolby (B.S.E.E.) [38]
Gap Inc. PublicNYSE: GPSClothing/accessories19692 [39]
  1. Co-founder Doris F. Fisher (B.A) [40]
Kleiner Perkins Caufield & Byers PrivateFinance19724[ citation needed ]
  1. Co-founder Brook Byers (M.B.A) [41]
Micron Technology PublicNASDAQ: MUSemiconductor19784 [42]
  1. Co-founder Ward Parkinson (M.S) [43]
Nike PublicNYSE: NKEAthletic equipment19642 [44]
  1. Co-founder Phil Knight (M.B.A) [45]

1980 - 1999

CompanyTypeStockCategoryYear foundedTotal foundersFounder/co-founder from Stanford
Akamai Technologies PublicNASDAQ: AKAMInternet/technology19984 [46]
  1. Co-founder Jonathan Seelig (B.S) [47]
Alta Partners Private Venture capital 19964 [48]
  1. Co-founder Guy P. Nohra (B.S) [49]
Bain Capital PrivateInvestment management19843 [50]
  1. Co-founder Mitt Romney (undergraduate attendee) [51]
  2. Co-founder T. Coleman Andrews III (M.B.A) [52]
Capital One PublicNYSE: COFFinance19882 [53] [54]
  1. Co-founder Richard Fairbank (B.A, M.B.A) [55]
Cisco Systems, Inc. PublicNASDAQ: CSCOHardware19842 [56] [57]
  1. Leonard Bosack (M.S) [56]
  2. Sandy Lerner (M.S) [56]
Confinity & X.com (now PayPal)Public (merged)NASDAQ: PYPLFinancial services1998 (Confinity)

1999 (X.com)

5 [58]
  1. Co-founder Elon Musk (Graduate Attendee) [59]
  2. Co-founder Ken Howery (B.A) [60]
  3. Co-founder Peter Thiel (B.A, J.D) [61]
Cycorp Private Artificial intelligence 19941 [62]
  1. Doug Lenat (PhD) [63]
Cypress Semiconductor PublicNASDAQ: CYSemiconductor19821 [64]
  1. T. J. Rodgers (M.A, PhD) [64]
D. E. Shaw & Co. PrivateFinance19881 [65]
  1. David E. Shaw (PhD) [65]
Electronic Arts PublicNASDAQ: EA Video game 19821 [66]
  1. Trip Hawkins (M.B.A) [67]
Expedia PublicNASDAQ: EXPETravel19961 [68] [69]
  1. Rich Barton (B.S) [68]
Extreme Networks PublicNASDAQ: EXTRNetworking/technology19963 [70]
  1. Co-founder Stephen Haddock (B.S, M.S) [71]
Farallon Capital PrivateInvestment management19861 [72]
  1. Tom Steyer (M.B.A) [73]
Google (NASDAQ: GOOGL)Technology19982 [74]
  1. Larry Page (M.S) [75]
  2. Sergey Brin (M.S) [76]
Hellman & Friedman PrivatePrivate equity19842 [77]
  1. Co-founder Tully Friedman (B.A) [78]
IDEO PrivateDesign19913 [79]
  1. Co-founder David Kelley (M.S) [80]
Immersion PublicNASDAQ: IMMRVirtual Reality / Haptics1993
  1. Founder Louis B. Rosenberg (B.S, M.S, Ph.D) [81]
Intuit PublicNASDAQ: INTUSoftware19832 [82]
  1. Co-founder Tom Proulx (B.S) [83]
iRobot PublicNASDAQ: IRBTTechnology19903 [84]
  1. Co-founder Rodney Brooks (PhD) [85]
Lattice Semiconductor PublicNASDAQ: LSCCSemiconductor19833 [86]
  1. Co-founder Rahul Sud (PhD) [87]
Logitech PublicNASDAQ: LOGITechnology19813 [88]
  1. Co-founder Daniel Borel (M.S) [89]
  2. Co-founder Pierluigi Zappacosta (M.S) [90]
NetApp PublicNASDAQ: NTAPTechnology19922 [91] [92]
  1. Co-founder James K. Lau (M.S) [93]
Netflix PublicNASDAQ: NFLXEntertainment19972 [94] [95]
  1. Co-founder Reed Hastings (M.S) [96]
Nvidia PublicNASDAQ: NVDATechnology19933 [97]
  1. Co-founder Jensen Huang (M.S) [98]
Pixar (NYSE: DIS)Computer animation19862 [99]
  1. Co-founder Alvy Ray Smith (PhD) [100]
SparkNotes (NYSE: BKS)Publisher19994 [101] [102]
  1. Co-founder Sam Yagan (M.B.A) [103]
Spectrum Astro PrivateSpace1988
  1. W. David Thompson
Sun Microsystems (NYSE: ORCL)Technology19824 [104]
  1. Co-founder Andy Bechtolsheim (PhD) [105]
  2. Co-founder Scott McNealy (M.B.A) [106]
  3. Co-founder Vinod Khosla (M.B.A) [107]
TSMC PublicNYSE: TSMSemiconductor19871 [108]
  1. Morris Chang (PhD) [108]
Viking Global Investors PrivateHedge fund19991 [109]
  1. Ole Andreas Halvorsen (M.B.A) [110]
VMware PublicNYSE: VMWTechnology19985 [111] [112]
  1. Co-founder Scott Devine (M.S, PhD) [113]
  2. Co-founder Edouard Bugnion (M.S, PhD) [113]
WebEx (NASDAQ: CSCO)Telecom19952 [114]
  1. Co-founder Min Zhu (M.S) [115]
Yahoo! (NYSE: VZ)Web service19942 [116]
  1. Jerry Yang (B.S, M.S) [117]
  2. David Filo (M.S) [118]

2000 - present

CompanyTypeStockCategoryYear foundedTotal foundersFounder/co-founder from Stanford
Alphabet, Inc. Public NASDAQ: GOOGL Conglomerate 20152 [119]
  1. Larry Page (M.S) [75]
  2. Sergey Brin (M.S) [76]
Bonobos (NYSE: WMT)Apparel retail20072 [120]
  1. Andy Dunn (M.B.A) [121]
  2. Brian Spaly (M.B.A) [122]
Clarium Capital PrivateFinance20022[ citation needed ]
  1. Co-founder Peter Thiel (B.A, J.D) [61]
Cloudera Public NYSE: CLDRSoftware20084 [123]
  1. Co-founder Amr Awadallah (PhD) [124]
Coursera Public NYSE: COURTechnology/education20122 [125]
  1. Co-founder Daphne Koller (PhD) [126]
Coverity (NASDQ: SNPS)Security/technology20023[ citation needed ]
  1. Co-founder Andy Chou (PhD) [127]
  2. Co-founder Seth Hallem (B.S) [128]
Draper James PrivateClothing20151 [129]
  1. Reese Witherspoon (undergraduate attendee) [130]
Eye-Fi PrivateComputer hardware20054[ citation needed ]
  1. Co-founder Yuval Koren (M.S) [131]
Founders Fund PrivateFinance20053[ citation needed ]
  1. Co-founder Peter Thiel (B.A, J.D) [61]
Freelancer (ASX:FLN)Crowdsourcing20091[ citation needed ]
  1. Matt Barrie (M.S.) [132]
Ginkgo Bioworks Private Biotechnology 20095 [133]
  1. Co-founder Austin Che (B.S) [134]
Glassdoor PrivateOnline review20073 [135] [136]
  1. Co-founder Robert Hohman (M.S) [135]
  2. Co-founder Rich Barton (B.S) [68]
Instagram (NASDAQ: FB)Social media20102[ citation needed ]
  1. Kevin Systrom (B.S) [137]
  2. Mike Krieger (B.S, M.S) [138]
LinkedIn (NASDAQ: MSFT)Social media20025 [139]
  1. Co-founder Reid Hoffman (B.S) [140]
  2. Co-founder Allen Blue (B.A) [141]
  3. Co-founder Eric Ly (B.S) [142]
  4. Co-founder Konstantin Guericke (B.S, M.S) [143]
Loopt PrivateMobile services20053[ citation needed ]
  1. Sam Altman (undergraduate attendee) [144]
  2. Nick Sivo (on-leave) [145]
  3. Alok Deshpande (undergraduate attendee) [146]
Palantir Technologies PrivateTechnology20045 [147] [148]
  1. Co-founder Peter Thiel (B.A, J.D) [61]
  2. Co-founder Alexander C. Karp (J.D) [149]
  3. Co-founder Joe Lonsdale (B.S) [150]
  4. Co-founder Stephen Cohen (B.S) [151]
Obihai Technology (NASDAQ: PLCM)Communication20102 [152]
  1. Co-founder Jan Fandrianto (M.S) [153]
OkCupid (NASDAQ: IAC)Dating service2001 [154] 4 [155]
  1. Co-founder Sam Yagan (M.B.A) [156]
Omaze PrivateFundraising20122 [157] [158]
  1. Ryan Cummins (B.A) [159]
  2. Matt Pohlson (B.A) [160]
OpenAI Non-profitTechnology20152[ citation needed ]
  1. Elon Musk (Graduate Attendee) [59]
  2. Sam Altman (undergraduate attendee) [144]
Pandora Radio PublicNYSE: PMusic streaming20003 [161]
  1. Co-founder Jon Kraft (B.A) [162]
  2. Co-founder Tim Westergren (B.A) [163]
Redfin PublicNASDAQ: RDFN Real estate 20043 [164]
  1. Co-founder David Selinger (B.S) [165]
Robinhood PrivateFinancial services20132 [166]
  1. Baiju Prafulkumar Bhatt (B.S, M.S) [167] [168]
  2. Vlad Tenev (B.S) [169]
Sapphire Ventures Private Venture capital 20111 [170]
  1. Nino Marakovic [170]
Snapchat PublicNYSE: SNAPSocial/technology20113 [171] [172]
  1. Evan Spiegel (undergraduate attendee) [173]
  2. Bobby Murphy (B.S) [174]
  3. Reggie Brown (B.A) [175]
SpaceX PrivateAerospace/technology20021 [176]
  1. Elon Musk (Graduate Attendee) [59]
Stitch Fix PublicNASDAQ: SFIXRetail/styling20112 [177]
  1. Katrina Lake (B.S) [177]
  2. Steve Anderson (M.B.A) [177]
StubHub (NASDAQ: EBAY)Ticket exchange20002 [178]
  1. Jeff Fluhr (M.B.A Attendee) [179]
  2. Eric Baker (M.B.A) [180]
Sunrun PublicNASDAQ: RUNSolar energy20073 [181]
  1. Co-founder Lynn Jurich (B.S, M.B.A) [182]
  2. Co-founder Edward Fenster (M.B.A) [183]
TechCrunch (Oath Inc.)Online publisher20051 [184]
  1. Michael Arrington (J.D) [185]
Tesla, Inc. PublicNASDAQ: TSLAAutomotive20045 [186]
  1. Elon Musk (Graduate Attendee) [59]
  2. J. B. Straubel (B.S. ajd M.S.) [187]
The Boring Company PrivateTechnology20161[ citation needed ]
  1. Elon Musk (Graduate Attendee) [59]
Trulia (NASDAQ: Z) Real estate database 20042 [188]
  1. Pete Flint (M.B.A) [189]
  2. Sami Inkinen (M.B.A) [190]
Two Sigma PrivateFinance20013 [191]
  1. Co-founder John Overdeck (B.S, M.S) [191]
WhatsApp (NASDAQ: FB)Social media2009
  1. Co-founder Brian Acton (B.S) [192]
Workday, Inc. PublicNASDAQ: WDAYSoftware20052 [193]
  1. Co-founder Aneel Bhusri (M.B.A) [194]
DeepVu PrivateAutonomous Supply Chains20162[ citation needed ]
  1. Co-founder Moataz Rashad (M.S.)[ citation needed ]
Yammer PrivateSocial networking20083[ citation needed ]
  1. Co-founder David O. Sacks (B.A) [195]
Youku

—> Youku Tudou

—> (NYSE: BABA) (merged)Online video2006 (Youku)1 (Youku) [196]
  1. Victor Koo (M.B.A) [197]
YouTube (NASDAQ: GOOGL)Video hosting services20053 [198]
  1. Co-founder Jawed Karim (M.S) [199]
Zillow PublicNASDAQ: ZReal estate database20062[ citation needed ]
  1. Rich Barton (B.S) [68]
  2. Lloyd Frink (B.A) [200]
MX Player PrivateOnline Video20172
  1. Karan Bedi (B.A)
  2. Satyan Gajwani (B.S)

Defunct

CompanyTypeCategoryYear foundedTotal foundersFounder/co-founder from Stanford
3DO BankruptVideo game19911 [201]
Silicon Graphics BankruptTechnology1981Unknown [202]
Theranos DefunctTechnology20031
Varian Associates DefunctTechnology19484 [203]

See also

Notes

  1. ↑ Alphabet Inc. was created through a corporate restructuring of Google, Inc in 2015. Google, Inc. itself was founded in 1998. Google currently is an LLC subsidiary company of Alphabet.

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References

  1. ↑ "The billionaire factory: Why Stanford University produces so many". The Independent. July 12, 2013. Retrieved December 22, 2017.
  2. ↑ Thompson, Nicholas (September 11, 2013). "Stanford and Its Startups". The New Yorker. ISSN   0028-792X . Retrieved December 22, 2017.
  3. ↑ "The University Entrepreneurship Report – Alumni of Top Universities Rake in $12.6 Billion Across 559 Deals". CB Insights Research. October 29, 2012. Retrieved December 22, 2017.
  4. ↑ "Founders Funding And Exit Ranking Usa | GraphicSprings" . Retrieved May 19, 2018.
  5. ↑ "The Making of a Licensing Legend: Stanford University's Office of Technology Licensing". www.iphandbook.org. Retrieved December 22, 2017.
  6. ↑ Timothy Lenoir. Inventing the entrepreneurial university: Stanford and the co-evolution of Silicon Valley pp. 88-128 in Building Technology Transfer within Research Universities: An Entrepreneurial Approach Edited by Thomas J. Allen and Rory P. O'Shea. Cambridge University Press, 2014. ISBN   9781139046930
  7. ↑ "Office of Technology Licensing |". otl.stanford.edu. Retrieved July 22, 2018.
  8. ↑ McBride, Sarah (December 12, 2014). "Special Report: At Stanford, venture capital reaches into the dorm". Reuters. Retrieved October 28, 2017.
  9. ↑ "Universities Report: The top 50 universities producing VC-backed entrepreneurs (2017-2018)" (PDF). PitchBook.
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