Originally published via martinholub.com This summer I returned to my alma mater, ETH Zurich. It’s not all sunshine and roses, of course, but one thing is exemplary. ETH takes low single digit equity in its spin-offs, usually around 2%. And this is not some oddity, in Sweden, universities do not take any equity in spinoffs at all. In contrast, it’s been with a fanfare that Dutch universities announced common spin-off terms with equity stakes ranging from 10 to 25%, often landing around 20%. S...