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These 12 schools produce the most venture capitalists

Venture capitalists spend their time finding, investing in and supporting high-growth and often high-risk companies. As the Harvard Business Review put it, "venture capitalists get paid well to lose money."

But how does one become one of these powerful investors?

According to a recent report from Crunchbase, the secret may lie in where you go to school. Crunchbase analyzed data from over 4,500 investors and found that 12 schools produced over 42 percent of all venture capitalists.

Here are the 12 universities that grant the most graduate and undergraduate degrees to venture capitalists:

University of Michigan
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University of Michigan

10. University of Michigan — Ann Arbor

Number of VC alumni: 61
In-state tuition and fees: $14,826 (2017-18)
Out-of-state tuition and fees: $47,476 (2017-18)
Total enrollment: 44,718

9. Cornell (tie)

Number of VC alumni: 63
Tuition and fees: $52,853 (2017-18)
Total enrollment: 22,319

9. Princeton (tie)

Number of VC alumni: 63
Tuition and fees: $47,140 (2017-18)
Total enrollment: 8,181

8. The University of Chicago

Number of VC alumni: 79
Tuition and fees: $54,825 (2017-18)
Total enrollment: 13,322

7. UC Berkeley

Number of VC alumni: 80
In-state tuition and fees: $14,098 (2017-18)
Out-of-state tuition and fees: $42,112 (2017-18)
Total enrollment: 40,174

6. Dartmouth (tie)

Number of VC alumni: 90
Tuition and fees: $52,950 (2017-18)
Total enrollment: 6,409

Yale School of Management
Source: Yale School of Management | Facebook
Yale School of Management

6. Yale (tie)

Number of VC alumni: 90
Tuition and fees: $51,400 (2017-18)
Total enrollment: 12,458

5. Columbia University

Number of VC alumni: 100
Tuition and fees: $57,208 (2017-18)
Total enrollment: 25,084

4. Massachusetts Institute of Technology

Number of VC alumni: 148
Tuition and fees: $49,892 (2017-18)
Total enrollment: 11,376

3. University of Pennsylvania

Number of VC alumni: 225
Tuition and fees: $53,534 (2017-18)
Total enrollment: 21,826

2. Stanford

Number of VC alumni: 426
Tuition and fees: $49,617 (2017-18)
Total enrollment: 16,914

1. Harvard

Number of VC alumni: 484
Tuition and fees: $48,949 (2017-18)
Total enrollment: 20,324

Elite and exclusive universities dominated Crunchbase's list. Seven of the eight Ivy League schools made it into the top 12 and collectively produced 1,115 venture capitalists. Harvard University produced a whopping 484 venture capitalists alone.

Almost three-quarters of the venture capitalists that Crunchbase studied earned an advanced degree and 51 percent earned an MBA.

One reason these prestigious schools produce so many venture capitalists is because of the networking and mentorship opportunities that they provide.

Ann Miura-Ko, co-founder of venture capital firm Floodgate, who is often described as "the most powerful woman in start-ups," says that a networking opportunity at Yale was crucial to her success in venture capital.

While at Yale, Miura-Ko worked as a student tour guide and ended up showing Lewis Platt, the CEO of Hewlett Packard from 1992 through 1999, around campus.

"He invited me to follow him and shadow him during my spring break," says Muira-Ko who also has a Ph.D. in mathematical modeling from Stanford. "When I returned back to my college campus, he had sent me two pictures. One was a picture of myself, sitting next to Lew, talking to him. The second picture was Bill Gates, who had visited that week. He was sitting exactly where I had sat."

Miura-Ko — and Bill Gates — are perfect examples of why and how prestigious institutions with abundant networking opportunities like Yale and Stanford are producing a huge number of venture capitalists.

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