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A new report published by PitchBook Data and titled Top Universities for VC-backed Entrepreneurs has placed Stanford University and Harvard University at the top spots globally.

A total 378 undergrad entrepreneurs at Stanford, spread out over 309 companies, managed to attract a combined sum of nearly $3.52bn in venture capital between August 2009 and August 2014. Harvard’s 352 postgrad entrepreneurs, from 312 companies, secured almost $4.24bn in the same period.

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