We believe there is a serious talent misallocation issue from top universities.
The success rate of ventures founded by top talent tells us that more Ivy+ students should be starting companies. One in three Harvard students that go through YC build $100M companies, but only ~1% of Harvard students actually launch startups when they graduate.
We’re tapping into and expanding this talent pool.
The incentive structure for starting a company is entirely misaligned. Currently, top talent is left with the summer decision of making $20K at Google or McKinsey, or spending $10K on a startup. Keel is making pursuing a venture an easier decision to make through resources, housing stipends, and community.
We’re bringing the build culture of SF and the startup ecosystem of YC to the Northeast.
Accelerator programs, startup events, and other tech ecosystem staples are few and far between in the northeast. Keel plans to build that culture and capitalize on the market opportunity of being an early leader in the NYC ecosystem.