| Paul Graham says this often, and I am paraphrasing here: They did a study at harvard, and they figured out that MBA's flock to the wrong industry right before it dies. It was bonds, equities and then silicon valley in the 90s. It was an interesting anecdote which I have heard often, but now am certainly curious enough to try and dig up that article/study. edit: The author seems like an accomplished person, and I don't want to paint in the tech v. finance differences, but to highlight what camp she is from, take a look at the first sentence describing Mor Assia: Mor advised Israel’s global telecommunications billing giant, Amdocs, to choose the right verticals for diversification in their technology acquisitions and launched offerings like Billing for Dynamic Pricing to create new growth opportunities.[0] I mean, sure, I parse JSON data to codify the new web standard leveraging agile tooling like visual basic to fast-follow with a GUI interface which is deployed into our cloud based infrastructure to track the IP address, but I wouldn't write that down in the 2nd sentence of my biography. [0]https://www.iangels.co/team/mor-assia/ edit: I can not find the video clip. My memory is that the study was done by Harvard Business School, and it found that MBAs were categorically picking the wrong industry. The examples cited by the speaker, I am 90+% confident it was pg restating it, were going to wall street to trade bonds with Michael Milliken right before he went to jail, Silicon Valley right before the bubble burst and one other which I would guess to be real estate or M & A post KKR, but that is just complete conjecture. Don't take my word for it, and I don't want to misquote PG quoting some study, but I am fairly confident for what it is worth. |