Michael Silton has come up with a way for young entrepreneurs to give back to UCLA at the same time they take advantage of the university’s venture fund: give stock in startups.
“Think of the California university most closely tied to entrepreneurship and Stanford immediately leaps to mind, or maybe the University of California at Berkeley.
Michael Silton is looking to add UCLA to that list, and he’s come up with a unique way of funding that effort.
The executive director of the UCLA Venture Capital Fund, Silton, 47, comes to his position with plenty of entrepreneurial experience under his belt. He started his first company in his 20s—and failed—but followed that up with Rainmaker Systems, an enterprise software company he took public on the Nasdaq…”