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FRIDAY, December 08, 2023

Mixed backgrounds found among startup founders

Mixed backgrounds found among startup founders
THURSDAY, July 27, 2017

iPrice, a e-commerce startup operating in seven countries in Southeast Asia, conducted a study on the education of successful startup founders in Thailand. 

iPrice studied 33 startups and 66 founders in Thailand that have received series A funding and above. 
The study shows 13 founders graduated from Chulalongkorn University (five from Sasin), six from Thammasat University, four from Kasetsart University, three from Bangkok University and two from KMITL. 
Besides Thai startup founders, 19 were foreigners. They studied in other countries but found lucrative opportunities in Thailand. They came from various parts of the world and have diverse education backgrounds. 
Based on their area of study, the big group of startup founders studied technology-related majors such as computer science, computer engineering and software engineering (14 people), engineering (13), business (9), economics (7) and other majors (6).
Successful people in the startup industry do not have to graduate from top universities or have a business education background – they all have different backgrounds and knowledge. 
It depends solely on how they applied their classroom knowledge to real world problems and how they utilised the knowledge and came up with the idea to fit the consumer’s gap.