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"the University of Pennsylvania is quickly becoming the Stanford of the East"

Seems reasonable.

I hope that one day Penn will be the university which will be compared to.

Compared to what?

I meant that I hope Penn could be considered a hotbed for entrepreneurship in its own right and not just "Stanford of the East".

ummm MIT?

If we're talking about entrepreneurship and not pure CS, which is more Stanford-like anyways.