Not sure how it's incompatible with your stats. If the degree is useless then you would expect MBA holders to have no advantage over non-MBA holders in foundin

Not sure how it's incompatible with your stats. If the degree is useless then you would expect MBA holders to have no advantage over non-MBA holders in founding companies. Not that MBA holders wouldn't sometimes be successful. You're missing a data point showing that MBA holders are more likely to succeed at founding startups, which I have yet to see anywhere. Realistically, an MBA can be helpful to a startup founder if that founder lacks basic business acumen from prior education or experience (basic accounting, financial planning, marketing, etc.). It can also be a hindrance because MBA coursework tends to trivialize many of the core skills needed to be successful at starting a company in favor of the higher-level thinking and planning needed for large corporations (you won't learn how to make your first sale, for example, or how to hire your first employee, setup a billing system, etc.).