Comments on: DFJ East Coast Venture Challenge – Columbia University http://www.darrenherman.com/2007/05/21/dfj-east-coast-venture-challenge-columbia-university/ Marketing, Media, and Technology Conversations Wed, 8 Feb 2012 19:55:30 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: Philip James http://www.darrenherman.com/2007/05/21/dfj-east-coast-venture-challenge-columbia-university/comment-page-1/#comment-6373 Philip James Tue, 22 May 2007 16:24:57 +0000 http://www.darrenherman.com/2007/05/21/dfj-east-coast-venture-challenge-columbia-university/#comment-6373 Darren - as a columbia MBA grad, i really wanted to show some school pride and argue with you. the problem is, having gone through the process of founding my own company and seen both the school and most of my friends look on in confusion as i left the world of banking and VC for a fraction of the pay and a multiple of the uncertainty i cant but agree with you. the problem with top tier mba's is they attract risk averse people who excel in only one area. these people make a huge investment to go to grad school and they need to recoup that money after they graduate. these are not high risk people with diverse skill sets. mba grads are not typically good entrepreneurs - they are (or will become) good managers. i have to say 'typically' as there are exceptions, of which i hope i am one. Philip Darren – as a columbia MBA grad, i really wanted to show some school pride and argue with you. the problem is, having gone through the process of founding my own company and seen both the school and most of my friends look on in confusion as i left the world of banking and VC for a fraction of the pay and a multiple of the uncertainty i cant but agree with you.

the problem with top tier mba’s is they attract risk averse people who excel in only one area. these people make a huge investment to go to grad school and they need to recoup that money after they graduate. these are not high risk people with diverse skill sets. mba grads are not typically good entrepreneurs – they are (or will become) good managers.

i have to say ‘typically’ as there are exceptions, of which i hope i am one.
Philip

]]> By: Leveraging Ideas :: The Blog of Sam Huleatt: social media, technology and startups http://www.darrenherman.com/2007/05/21/dfj-east-coast-venture-challenge-columbia-university/comment-page-1/#comment-6338 Leveraging Ideas :: The Blog of Sam Huleatt: social media, technology and startups Tue, 22 May 2007 03:35:37 +0000 http://www.darrenherman.com/2007/05/21/dfj-east-coast-venture-challenge-columbia-university/#comment-6338 [...] Herman recently blogged about his experience of attending the DFJ East Coast Venture Challenge at Columbia University. The [...] [...] Herman recently blogged about his experience of attending the DFJ East Coast Venture Challenge at Columbia University. The [...]

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