Cracking Technology Start Ups
February 1, 2012
Quote to Note: If you have an MBA and are dreaming about making big money in technology start ups, you will want to read “New Identified Research Reveals Engineers Far More Likely than MBAs to Build and Run Companies.” My interest is search, which is a spectacularly complex technical process. I have watched companies run by MBAs crash and burn. An English major with a knowledge of medieval Latin would probably have done an equally poor job. But MBAs!
Here’s the quote I noted:
We culled through 36 million professional profiles in the Identified database and found 3,337 founder/CEOs have an advanced engineering background compared with 1,016 MBAs. The ratio of undergrad business and engineering founders/ CEOs is about even (9,461 versus 9,334), a significant shift occurs in the number of leaders who have advanced degrees.
Not all will succeed, of course, and you will want to read the entire document which is available at this link. I don’t know for how long, however.
Stephen E Arnold, February 1, 2012
Sponsored by Pandia.com
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