- While entrepreneurs come from all walks of life, many of the high-profile, venture-backed companies that end up in the public markets have CEOs from a concentration of elite universities.
- Here are the 6 colleges that produced the most CEOs of companies that have gone public this year, according to data from Renaissance Capital.
- Visit the Business Insider homepage for more stories .
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These are the 6 universities that produced the most CEOs out of companies going public this year
2019 has been filled with some notable initial public offerings, but rarely do we stop to consider which universities the executives of these companies hail from or if they attended college at all.
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The stampede of initial public offerings this year has seen popular companies like Lyft and Pinterest join the stock market.
Certain universities or walks of life shaped the most executives of these newly public companies.
According to new data from Renaissance Capital, many executives from 2019's IPO class come from a concentration of elite universities.The industries represented in the list include biotechnology, technology, social media, and retail, among others.
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Here are the six schools that produced the most CEOs of companies that have gone public this year, ordered by the increasing number of IPOs led by alumni from each school:
6. Lafayette College
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Layafette College
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Number of IPOs in 2019 : 2
Companies : Levi Strauss , ShockWave Medical
Source:Renaissance Capital
5. Yale University
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Yana Paskova/Stringer/Getty
Number of IPOs in 2019 : 2
Companies : Pinterest , Change Healthcare
Source:Renaissance Capital
4. Harvard University
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Scott Eisen/Getty Images
Number of IPOs in 2019 : 2
Companies : 10x Genomics , Anchiano Therapeutics
Source:Renaissance Capital
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3. University of California, Santa Barbara
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Facebook/UC Santa Barbara
Number of IPOs in 2019 : 3
Companies : Lyft , NGM Biopharmaceuticals , Ping Identity Holding
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Source:Renaissance Capital
2. Massachusetts Institute of Technology
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Facebook/Massachusetts Institute of Technology (MIT)
Number of IPOs in 2019 : 3
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Companies : Morphic Holding , Personalis , Prevail Therapeutics
Source:Renaissance Capital
1. Princeton University
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Jay Yuan/Shutterstock
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Number of IPOs in 2019 : 4
Companies : Vir Biotechnology , Palomar Holdings , Dynatrace Holdings , Aprea Therapeutics
Source:Renaissance Capital
See Also:
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- Investing legend Byron Wien's 'radical' portfolio is dumping US stocks and holding the most cash in 8 years. Here's what has him worried and what he's buying instead.
- 'A clear turn for the worse': A Wall Street strategist lays out compelling evidence that stocks are due for a meltdown before the year runs out
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