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AN OPEN DATABASE FOR UNIVERSITY SPINOUTS

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Help us level the playing field by shedding light on how entrepreneurial
researchers at universities get to spin out their inventions.

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WHY NOW?

Fundraising for a startup today is much quicker and the terms are much fairer
than they used to be. The proliferation of the YC SAFE, Angelist benchmarks, and
blog posts have helped define what a fair deal looks like.

Entrepreneurial researchers and students at universities who form spinouts aimed
at commercialising their inventions are not so fortunate . There is no openly
accessible database of key spinout deal terms per university. This creates an
information asymmetry between founders and universities during negotiations,
which leads to uniformly poor outcomes for founders across the globe.

Spinout.fyi is an effort to crowdsource and openly publish spinout deal terms
across every university. Similar to how Glassdoor and Levels.fyi shed light on
company culture and fair compensation, Spinout.fyi seeks to shed light on deal
terms to catalyse a re-write of the spinout playbook in favor of future
founders.


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Instead of benefiting from institutional support, researchers attempting to
start a company find themselves mired in bureaucracy. Negotiations over
intellectual property rights with university technology transfer offices, or
TTOs, can be one-way, opaque and often adversarial.

Financial Times

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An open-source initiative by Air Street Capital