Harvard plays a key role in the startup ecosystem, contributing significantly to the launch of successful companies and entrepreneurs. Notable graduates and dropouts have founded companies valued in the trillions, positioning Harvard among the top three institutions for producing founders of venture-backed startups, alongside Stanford and MIT. Noteworthy achievements include the identification of 12 heavily funded startups with Harvard-affiliated founders. Stripe, co-founded by John Collision, Rippling, led by Harvard alum Parker Conrad with a recent $450 million raise, and Devoted Health, founded by brothers Ed and Todd Park, exemplify these successes. Harvard-affiliated companies have collectively raised over $200 billion in equity funding, with over 1,900 startups securing more than $1 million each. Last year, these companies raised over $54 billion, largely due to OpenAI's $47 billion raise, co-founded by Greg Brockman. Currently, 158 Harvard alumni serve as CEOs of unicorns and emerging startups, many also being founders. Harvard Business School notably contributes to this trend by producing future CEOs, particularly in the unicorn sector. The future impact of Harvard on startup leadership will continue to be assessed in comparison to other institutions.

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