Chamath Palihapitiya – We’re not Interested in Your Harvard MBA

Chamath Palihapitiya of The Social + Capital Partnership made a little noise over the weekend at the 20th Annual HBS Venture Capital and Private Equity Conference where he told current MBA candidates that “the overwhelming majority of [VCs] would not look favorably on a company started by one of you.”

Fortune’s Dan Primack did a little digging to see how just how true this statement was. Using Aileen Lee’s unicorn list (the 39 companies founded in 2003 or later that received private and/or public valuations over $1 billion), he determined that “just three such companies had at least one co-founder who went to HBS (and one of them, Yelp’s Jeremy Stoppleman, dropped out after one year).”

Furthermore, “it wasn’t just an HBS issue. Only 12 of the 39 companies had any MBAs within their co-founding teams and, of those, only four had multiple MBAs.”

You can read more over on DealBook.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s