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I have not seen any data, but I don't think that's totally fair. Students from my class or those within one of mine at Harvard have started Facebook, Scribd, Ai
by gmichnikov 16y ago
I have not seen any data, but I don't think that's totally fair. Students from my class or those within one of mine at Harvard have started Facebook, Scribd, Airbnb, Paperless Post, drop.io, Baking for Good, and probably others that I am not aware of. Granted Facebook was not "after" college.
I am also not sure that in this regard risk and reward are proportionate. Again I have no data, but I think a random sample of 100 people from Harvard who went into finance 5-15 years ago may have made more money to date (and taken far less risk) than a random sample of 100 college students who started startups 5-15 years ago.
I think the fear of not knowing what else to do, not the money, is the primary force that leads most to finance or consulting. Anecdotally, 0-10% of my friends from college have any concrete thoughts at all about what they really want to do.
- pg 16y agoConsidering there are IIRC 1600 students in each undergrad class that probably counts as few. As for the risk/reward ratio, you may be right, or you may be wrong, but since neither of us have any data we should probably default to the assumption that they're proportionate.