Perhaps it’s a coincidence. Or maybe it’s the secret recipe. Either way, two young entrepreneurs who followed the same path three years ago each sold their start-ups recently for more than $70 million.
The road to riches started when pals Jack Abraham and Nat Turner, two students at the University of Pennsylvania’s Wharton School of business, each received the Wharton Venture Award, which provides $10,000 for student entrepreneurs to work on a start-up in lieu of full-time summer internships.
Abraham and Turner decided to rent a space in Philadelphia to germinate their business ideas during the summer of 2007. The small loft included a few computers, a few blow-up mattresses, and a few big ideas.
To read the full, original article click on this link: Two Wharton Pals Take Same Road To Riches - Venture Capital Dispatch - WSJ
Author: Ty McMahan