Since when does “Worked at IBM” or “Attended XYZ University” qualify you as an entrepreneur that warrants investment?
— adii (@adii) March 7, 2014
Continuing the topic of education from yesterday, I saw the tweet above shortly after reading this article entitled, “Could a Harvard Business School Degree Hurt More Than It Helps?” The main point of the article is:
For venture capitalists who pray at the altar of pattern recognition, it would be hard to ignore how few massive tech successes have been founded by entrepreneurs with MBAs on their resumes.
Business school has little to do with starting companies. It is much better designed to produce operators for BigCos.
There are some notable exceptions. For instance, the Georgia Tech TI:GER program does a wonderful job at inspiring and teaching entrepreneurship. But nothing is as good a training as just joining a startup and contributing to it firsthand. In startups, experience coupled with rapidfire self-learning is the master teacher.
What are your thoughts on the relevance of business school for startup companies?