2min chapter

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#135: Luis Von Ahn on Learning Languages, Building Companies, and Changing the World

The Tim Ferriss Show

CHAPTER

Carniga Melon - Technology Transfer

Most universities have some sort of licensing agreement in case you want to form a company adofa university. At carnega melon is pretty nicea, it's really simple. It's, carniga melon owns five % of your company a period. Now that if you raise funding, they're, their ownership dilutes. But at the time of company formation, if you're taking technology a of the university, they own five% of the company and that's it. That's what, what's nice about that is you don't have to fuss with them.

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