There was a point in the late ’90s where all the graduating M.B.A.’s wanted to start companies in Silicon Valley, and for the most part they were not actually qualified to do it. They brought the whole sideshow of the hype and parties and all that crap. M.B.A. graduating classes are actually a reliable contrary indicator: if they all want to go into investment banking, there’s going to be a financial crisis. If they want to go into tech, that means a bubble is forming.
–Marc Andreessen on the Dot-Com ‘Bubble’ - NYTimes.com
yeah. what he said.
(via bijan)
Via Bijan Sabet
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Comments
POSTED Monday July 11th
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mutteringsontech reblogged this from bijan
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stubmle reblogged this from emergentfutures and added:
Well. This actually makes a lot of sense. The real question is, what are they doing now?
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writemominthecity reblogged this from mikehudack and added:
Hmmm, I wonder if there are a lot of MBA grads creating social media companies? ;@)
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basileiablog reblogged this from pegobry and added:
Can the same be said about seminary students and churches also?
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