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How to Spin a Startup Into a Natural Company
The University of Rochester blocked Chamath Ranga's plan to start a superconducting battery company. He says he and his partner tried to spin it out into a natural company, but the university wouldn't let them do it. Vancott: "It's a really, really exciting thing if it does come to pass" If you're a prof or student who has an invention that they want to commercialize, your school will usually give you equity in exchange for royalties.