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- Upstart_(company) abstract "Upstart is a crowdfunding website for recent college graduates. The founding team includes Dave Girouard, a former VP of Apps for Google, Paul Gu, a Thiel Fellow, and Anna Mongayt, who worked for 5 years at Google where she ran global Enterprise Customer Programs and Gmail Consumer Operations.The company connects recent college grads with investors (which they call "backers") who provide college grads loans to start pursuing their dreams. In Upstart's original model, the college grads pay back the loans based on a percentage of their income for either 5 or 10 years. If their income is less than $30,000 per year, they are not required to make any repayments, but the term of the loan is extended for up to 5 years. Graduates create a profile about themselves and their goals, which backers are able to browse. Upstart uses a proprietary algorithm to determine the dollar amount they can raise per percent of their income. Backers can then back the graduates over a fund raising campaign. If the students raise at least $10,000 by the end of the campaign, they can choose to receive the funds, even if they do not hit their target. If not, then they don’t get their funds.In 2014, the company introduced a more traditional loan, where the future earnings potential of young borrowers is evaluated, instead of their short credit history, but the loan has a fixed rate of interest.Upstart raised a $1.75M seed round from First Round Capital, Kleiner Perkins Caufield & Byers, NEA, Google Ventures, Crunchfund and Mark Cuban. They subsequently raised a series A round of $5.9M which included new investors Eric Schmidt, Marc Benioff, Khosla Ventures, Founders Fund, and Collaborative Fund Jessica Jackley and Bob Kerrey serve as advisors to the company.Upstart is a for-profit company which makes its money by taking a 3% cut of the money raised by students and charges backers a 0.5% annual management fee on funds invested. It was launched in April 2012 and its beta site went live in August 2012.".
- Upstart_(company) currentStatus "Active".
- Upstart_(company) locationCity California.
- Upstart_(company) locationCity Palo_Alto,_California.
- Upstart_(company) locationCountry United_States.
- Upstart_(company) numberOfEmployees "13".
- Upstart_(company) type Privately_held_company.
- Upstart_(company) wikiPageExternalLink www.upstart.com.
- Upstart_(company) wikiPageID "37293297".
- Upstart_(company) wikiPageRevisionID "606480297".
- Upstart_(company) commercial "Yes".
- Upstart_(company) companyLogo File:Upstart_logo,_August_2013.svg.
- Upstart_(company) companyName "Upstart".
- Upstart_(company) companyType Privately_held_company.
- Upstart_(company) currentStatus "Active".
- Upstart_(company) foundation "April, 2012".
- Upstart_(company) founder "Anna Mongayt".
- Upstart_(company) founder "Dave Girouard".
- Upstart_(company) founder "Paul Gu".
- Upstart_(company) hasPhotoCollection Upstart_(company).
- Upstart_(company) homepage www.upstart.com.
- Upstart_(company) language "English".
- Upstart_(company) launchDate "April 2012".
- Upstart_(company) locationCity California.
- Upstart_(company) locationCity Palo_Alto,_California.
- Upstart_(company) locationCountry United_States.
- Upstart_(company) numEmployees "13".
- Upstart_(company) websiteType Crowdfunding.
- Upstart_(company) subject Category:Crowd_funding.
- Upstart_(company) type Agent.
- Upstart_(company) type Company.
- Upstart_(company) type Organisation.
- Upstart_(company) type Organization.
- Upstart_(company) type Agent.
- Upstart_(company) type SocialPerson.
- Upstart_(company) type Thing.
- Upstart_(company) comment "Upstart is a crowdfunding website for recent college graduates. The founding team includes Dave Girouard, a former VP of Apps for Google, Paul Gu, a Thiel Fellow, and Anna Mongayt, who worked for 5 years at Google where she ran global Enterprise Customer Programs and Gmail Consumer Operations.The company connects recent college grads with investors (which they call "backers") who provide college grads loans to start pursuing their dreams.".
- Upstart_(company) label "Upstart (company)".
- Upstart_(company) sameAs m.0n5x3j4.
- Upstart_(company) sameAs Q7899307.
- Upstart_(company) sameAs Q7899307.
- Upstart_(company) wasDerivedFrom Upstart_(company)?oldid=606480297.
- Upstart_(company) homepage www.upstart.com.
- Upstart_(company) isPrimaryTopicOf Upstart_(company).
- Upstart_(company) name "Upstart".