StartX, the accelerator affiliated with Stanford University, yesterday promoted Joseph Huang (pictured) to chief executive, replacing Cameron Teitelman.
Teitelman will move on to chairman of the board and will continue in his role on the StartX Fund and initiatives including founder sourcing and admissions. He will also dedicate time to his startup Founder.Center, which helps people apply to positions at all StartX companies through a single form.
Huang was previously a staff member of StartX. He graduated with a degree in computer science from Stanford University in 2011 and has sold his first startup to technology company Apple.
Huang plans on launching several new initiatives to strengthen StartX’s ties with the community.
In addition to the personnel news, Stanford University and Stanford Health Care also revealed that in June 2016 they renewed their commitment to StartX. They will continue to provide an annual grant and funding to the Stanford-StartX Fund, which has invested $110m to date.
StartX has supported more than 400 companies affiliated with Stanford University to date, including businesses launched by 30 faculty members.
Randy Livingston, vice-president for business affairs and chief financial officer at Stanford University, said: “Under Cameron’s leadership, StartX has seen remarkable growth from an idea to an organisation that has supported more than 1,000 Stanford entrepreneurs.
“I am confident that Joseph will be successful in taking StartX to the next stage and enhancing StartX’s environment of education, collaboration, and innovation.”
– Image courtesy of StartX
