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Invest in the Potential of Entrepreneurial, Cash-Strapped Graduates

Rodrigo Mejia

Colleges are foundries of creative business ideas. But for many recent graduates, the size of student debt is a near-unscalable obstacle, stalling ideas the moment they enter the working world.

That's where Upstart comes in, a networking site connecting "backers" with "upstarts," or angel investors with money-strapped graduates.

Focusing on people, backers are able to arrange investment agreements, where, for instance, upfront capital is given for a percentage of future revenue. They also "might, for example, choose to raise money to pay for student loans for a year while they try to pursue their dream of becoming an actor or launching a tech startup," writes GOOD education manager, Liz Dwyer.

Upstart is just one tool to get an idea off the ground, but its unique approach in attracting passionate, young graduates and like-minded investors (one backer is Alexis Ohanian, co-founder of Reddit.com) makes it a great middle ground for innovators. Don't let money stall your idea.

Continue to upstart.com

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  • Agus Echague

    Upstart is SO GOOD that we should invent a word to describe it.
    Amazingly Awesome, Fabulous or Fantastic don't seem to cut it.
    Such is a terrific idea!

  • Grace Kim

    Agree! Money shouldn't let anyone stall their ideas. Upstart approaches this in an interesting way by investing in the people. Crowdfunding does this by investing in startups. If this doesn't help spur innovation in our generation, I don't know what does :)

    • Alessandra Rizzotti

      I wonder if Upstart will partner with colleges and high schools. It seems like they should also work with people who can't necessarily find their way to college.