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=== Businesses and entrepreneurship === {{Main|List of companies founded by Stanford University alumni}} Stanford is one of the most successful universities worldwide in creating companies and licensing its inventions to existing companies, and it is often considered the model for [[technology transfer]].<ref name=Page>Nigel Page. {{usurped|1=[https://web.archive.org/web/20160623234754/http://www.iphandbook.org/handbook/ch17/p13/ The Making of a Licensing Legend: Stanford University's Office of Technology Licensing]}}. Chapter 17.13 in Sharing the Art of IP Management. Globe White Page Ltd, London, U.K. 2007</ref><ref name=":1">Timothy Lenoir. Inventing the entrepreneurial university: Stanford and the co-evolution of Silicon Valley pp. 88β128 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}}</ref> Stanford's Office of Technology Licensing is responsible for commercializing university research, intellectual property, and university-developed projects. The university is described as having a strong venture culture in which students are encouraged, and often [[venture capital|funded]], to launch their own companies.<ref name=":2">{{cite news |last=McBride |first=Sarah |date=December 12, 2014 |title=Special Report: At Stanford, venture capital reaches into the dorm |language=en-US |work=Reuters |url=https://www.reuters.com/article/us-usa-startup-stanford-specialreport/special-report-at-stanford-venture-capital-reaches-into-the-dorm-idUSKBN0JO20D20141212 |access-date=October 28, 2017 |archive-date=May 23, 2023 |archive-url=https://web.archive.org/web/20230523083029/https://reuters.com/article/us-usa-startup-stanford-specialreport/special-report-at-stanford-venture-capital-reaches-into-the-dorm-idUSKBN0JO20D20141212 |url-status=live }}</ref> Companies founded by Stanford alumni generate more than $2.7 trillion in annual revenue and have created some 5.4 million jobs since the 1930s.<ref>{{Cite web |title=Stanford alumni create nearly $3 trillion in economic impact each year |url=https://news.stanford.edu/news/2012/october/innovation-economic-impact-102412.html#:~:text=October%2024%2C%202012-,Study%20shows%20Stanford%20alumni%20create%20nearly%20%243%20trillion%20in%20economic,have%20created%205.4%20million%20jobs. |access-date=January 17, 2022 |website=stanford |date=October 24, 2012 |archive-date=January 28, 2022 |archive-url=https://web.archive.org/web/20220128181416/https://news.stanford.edu/news/2012/october/innovation-economic-impact-102412.html#:~:text=October%2024%2C%202012-,Study%20shows%20Stanford%20alumni%20create%20nearly%20%243%20trillion%20in%20economic,have%20created%205.4%20million%20jobs. |url-status=dead }}</ref> When combined, these companies would form the tenth-largest economy in the world.<ref name="EcImpact">{{cite news |last1=Silver |first1=Caleb |date=March 18, 2020 |title=The Top 20 Economies in the World |url=https://www.investopedia.com/insights/worlds-top-economies/ |access-date=March 18, 2020 |work=Investopedia |language=en-US |archive-date=July 17, 2021 |archive-url=https://web.archive.org/web/20210717023208/https://www.investopedia.com/insights/worlds-top-economies/ |url-status=live }}</ref> Some notable companies closely associated with Stanford and their connections include: {{Image frame|width=250|content=[[File:William Hewlett 1993.jpg|125px]] [[File:David-Packard-DepSecDef.jpg|125px]]|caption=Co-founders of [[Hewlett-Packard]], [[Bill Hewlett]] (BS 1934) and [[David Packard]] (BA 1934)|align=right}} *[[Hewlett-Packard]], 1939: co-founders [[William Redington Hewlett|William R. Hewlett]] (B.S, PhD) and [[David Packard]] (M.S)<ref>{{Cite web |title=HPE History |url=https://www.hpe.com/us/en/about/history.html |access-date=April 23, 2022 |website=hpe |archive-date=June 27, 2021 |archive-url=https://web.archive.org/web/20210627171425/https://www.hpe.com/us/en/about/history.html |url-status=live }}</ref> *[[Silicon Graphics]], 1981: co-founders [[James H. Clark]] (Associate Professor) and several of his graduate students<ref>{{Cite book |last=Bowen |first=Jonathan |title=Encyclopedia of Computers and Computer History |date=2001 |publisher=Routledge |isbn=978-1579582357 |editor-last=Rojas |editor-first=RaΓΊl |pages=[https://archive.org/details/encyclopediaofco0000unse_a6j4/page/709 709β710] |chapter=Silicon Graphics, Inc. |author-link=Jonathan Bowen |chapter-url=https://archive.org/details/encyclopediaofco0000unse_a6j4/page/709}}</ref> *[[Sun Microsystems]], 1982:<ref>{{Cite web |title=Sun Microsystems Getting Started |url=http://www.sun.com/aboutsun/coinfo/history.html#1982 |archive-date=August 27, 2006 |access-date=March 11, 2022 |website=sun |archive-url=https://web.archive.org/web/20060827003752/http://www.sun.com/aboutsun/coinfo/history.html#1982}}</ref> co-founders [[Vinod Khosla]] (M.B.A), [[Andy Bechtolsheim]] (PhD) and [[Scott McNealy]] (M.B.A) *[[Cisco Systems|Cisco]], 1984:<ref>{{Cite news |last=Toscano |first=Paul |date=April 17, 2013 |title=Cisco Co-Founder |work=CNBC |url=https://www.cnbc.com/2013/04/17/tech-companies-are-doing-it-wrong-cisco-cofounder.html |access-date=January 19, 2022 |archive-date=January 29, 2020 |archive-url=https://web.archive.org/web/20200129081730/https://www.cnbc.com/id/100649533 |url-status=live }}</ref> co-founders [[Leonard Bosack]] (M.S) and [[Sandy Lerner]] (M.S) were in charge of the Stanford Computer Science and the Graduate School of Business computer operations groups, respectively, when the hardware was developed<ref>{{cite news |last1=Duffy |first1=Jim |title=Critical milestones in Cisco history |url=https://www.networkworld.com/article/2291489/lan-wan/critical-milestones-in-cisco-history.html#slide1 |access-date=November 28, 2017 |work=Network World |language=en |archive-date=December 1, 2017 |archive-url=https://web.archive.org/web/20171201033835/https://www.networkworld.com/article/2291489/lan-wan/critical-milestones-in-cisco-history.html#slide1 |url-status=dead}}</ref> *[[Nvidia]], 1993:<ref>{{Cite web |title=Jensen Huang |url=http://nvidianews.nvidia.com/bios/jensen-huang |access-date=2024-07-06 |website=NVIDIA Newsroom |language=en-us |archive-date=May 23, 2024 |archive-url=https://web.archive.org/web/20240523155233/https://nvidianews.nvidia.com/bios/jensen-huang |url-status=live }}</ref> co-founder [[Jensen Huang]] (M.S) *[[Yahoo!]], 1994:<ref>{{Cite web |last=Goel |first=Vindu |date=July 24, 2016 |title=Yahoo's Sale to Verizon Ends an Era |url=https://www.nytimes.com/2016/07/25/business/yahoo-sale.html |url-status=live |archive-url=https://web.archive.org/web/20170216035326/https://www.nytimes.com/2016/07/25/business/yahoo-sale.html |archive-date=February 16, 2017 |access-date=February 25, 2022 |website=The New York Times}}</ref> co-founders [[Jerry Yang]] (B.S, M.S) and [[David Filo]] (M.S) *[[Netflix]], 1997:<ref>{{Cite web |title=Reed Hastings {{!}} Stanford University School of Engineering |url=https://engineering.stanford.edu/about/heroes/2016-heroes/reed-hastings |access-date=2024-07-06 |website=engineering.stanford.edu |language=en |archive-date=July 6, 2024 |archive-url=https://web.archive.org/web/20240706184943/https://engineering.stanford.edu/about/heroes/2016-heroes/reed-hastings |url-status=live }}</ref> co-founder [[Reed Hastings]] (M.S) *[[Google]], 1998:<ref>{{Cite web |title=How we started and where we are today & Our history in depth β Google |url=https://about.google/our-story/ |url-status=live |archive-url=https://web.archive.org/web/20120401005940/http://www.google.com/about/company/history/ |archive-date=April 1, 2012 |access-date=January 7, 2021 |website=about.google}}</ref> co-founders [[Larry Page]] (M.S) and [[Sergey Brin]] (M.S) *[[PayPal]], 1998:<ref>{{Cite web |last=O'Connell |first=Brian |date=2020-01-02 |title=History of PayPal: Timeline and Facts |url=https://www.thestreet.com/technology/history-of-paypal-15062744 |access-date=2024-07-06 |website=TheStreet |language=en-us |archive-date=July 6, 2024 |archive-url=https://web.archive.org/web/20240706184943/https://www.thestreet.com/technology/history-of-paypal-15062744 |url-status=live }}</ref> co-founders [[Ken Howery]] (B.A), [[Peter Thiel]] (B.A, J.D), Elon Musk (Accepted into graduate program although never enrolled)<ref>{{cite web |last1=Porteous |first1=George |title=Elon Musk's brief Stanford affiliation raises questions about previous immigration status |url=https://stanforddaily.com/2024/11/11/elon-musk-stanford-work-status/ |website=The Stanford Daily |date=November 11, 2024 |access-date=December 3, 2024}}</ref> *[[VMware]], 1998:<ref>{{Cite web |title=VMware Founders Professorship of Computer Science |url=https://graphics.stanford.edu/~levoy/vmware.html |access-date=2024-07-06 |website=graphics.stanford.edu}}</ref> co-founders Mendel Rosenblum (Professor) and Edouard Bugnion (M.S) *[[LinkedIn]], 2002:<ref>{{Cite web |date=May 5, 2003 |title=Founders |url=https://about.linkedin.com/ |url-status=dead |archive-url=https://web.archive.org/web/20210528075044/https://about.linkedin.com/ |archive-date=May 28, 2021 |access-date=March 15, 2022 |website=LinkedIn}}</ref> co-founders [[Reid Hoffman]] (B.S), Konstantin Guericke (B.S, M.S), Eric Lee (B.S), and Alan Liu (B.S) *[[YouTube]], 2005:<ref>{{Cite web |last=Communications |first=Grainger Engineering Office of Marketing and |title=Jawed Karim |url=https://grainger.illinois.edu/alumni/hall-of-fame/Jawed-Karim |access-date=2024-07-06 |website=grainger.illinois.edu |language=en |archive-date=July 6, 2024 |archive-url=https://web.archive.org/web/20240706184943/https://grainger.illinois.edu/alumni/hall-of-fame/Jawed-Karim |url-status=live }}</ref> co-founder Jawed Karim (M.S) *[[Instagram]], 2010:<ref>{{Cite web |last=Zeen |first=Anna |date=October 1, 2020 |title=Feature Updates β First Instagram post |url=https://zeen.com/who-owns-instagram/ |access-date=April 20, 2022 |website=zeen |archive-date=April 18, 2023 |archive-url=https://web.archive.org/web/20230418221606/https://zeen.com/who-owns-instagram/ |url-status=live }}</ref> co-founders [[Kevin Systrom]] (B.S) and [[Mike Krieger]] (B.S)<ref>{{Cite web |last=Siegler |first=MG |date=October 6, 2010 |title=Instagram Launches With The Hope Of Igniting Communication Through Images |url=https://techcrunch.com/2010/10/06/instagram-launch/ |access-date=April 18, 2022 |website=techcrunch |archive-date=October 28, 2020 |archive-url=https://web.archive.org/web/20201028025750/https://techcrunch.com/2010/10/06/instagram-launch/ |url-status=live }}</ref> *[[Snapchat]], 2011: co-founders [[Evan Spiegel]] (B.S), Reggie Brown (B.S) and [[Bobby Murphy (businessman)|Bobby Murphy]] (B.S)<ref>{{Cite news |last=Oconnell |first=Brian |date=February 28, 2020 |title=History of Snapchat |work=thestreet |url=https://www.thestreet.com/technology/history-of-snapchat#:~:text=Snapchat%20was%20founded%20in%202011,site%20after%20a%20few%20moments. |access-date=April 2, 2022 |archive-date=May 27, 2022 |archive-url=https://web.archive.org/web/20220527180002/https://www.thestreet.com/technology/history-of-snapchat#:~:text=Snapchat%20was%20founded%20in%202011,site%20after%20a%20few%20moments. |url-status=live }}</ref> *[[Coursera]], 2012:<ref>{{Cite news |date=March 30, 2021 |title=About Coursera |language=en-US |url=https://www.businesswire.com/news/home/20210330006145/en/Coursera-Announces-Pricing-of-Initial-Public-Offering |access-date=May 25, 2022 |archive-date=May 17, 2022 |archive-url=https://web.archive.org/web/20220517113412/https://www.businesswire.com/news/home/20210330006145/en/Coursera-Announces-Pricing-of-Initial-Public-Offering |url-status=live }}</ref> co-founders [[Andrew Ng]] (Associate Professor) and [[Daphne Koller]] (Professor, PhD) *[[DoorDash]], 2013:<ref>{{Cite web |date=2024-07-02 |title=DoorDash CEO: Solving Problems of Time-Starved People |url=https://www.gsb.stanford.edu/insights/doordash-ceo-solving-problems-time-starved-people |access-date=2024-07-06 |website=Stanford Graduate School of Business |language=en |archive-date=April 19, 2023 |archive-url=https://web.archive.org/web/20230419081205/https://www.gsb.stanford.edu/insights/doordash-ceo-solving-problems-time-starved-people |url-status=live }}</ref> co-founders [[Tony Xu]] (M.B.A) and Evan Moore (M.B.A)
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