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11/15/2012 08:21 am ET

UC Berkeley Students Drop Out To Start Tech Companies | The Daily Californian

Alamy

UC Berkeley computer science students are dropping out of school.

But they’re not leaving because the classes are too difficult or school is too expensive. Rather, they’re withdrawing to pursue their dreams of entrepreneurship — even though the odds are against them.

Although the numbers vary from study to study, research has proven that the majority of startups fail. A study released in September by a Harvard Business School lecturer found that three-quarters of U.S.-based startups fail to return their investors’ capital.

Read more on www.dailycal.org

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