I figured this would be a lively comments section. MBA-hatred might be the most common blind spot in the Valley, and it bums me out. Within the historical cont

I figured this would be a lively comments section. MBA-hatred might be the most common blind spot in the Valley, and it bums me out. Within the historical context, the animosity makes sense; during the 99-00 bubble, fast-growing companies that were founded and led by engineers realized that they couldn't grow managers organically and maintain their growth rate -- so, they recruited MBAs from the top schools, especially HBS and Stanford. In so doing, they made a categorical error -- they inferred that all Harvard MBAs are, at a minimum, competent managers in the same way that all Stanford CS master's degree holders are, at a minimum, competent programmers. Many people got burned for making this assumption. Anecdotal evidence suggests that the MBAs who "answered the call" and/or beat down the doors of hot startups in the bubble years exemplified the worst of the MBA stereotype: arrogant, entitled pricks whose life plan from high school was get the right grades, do the right extracurricular activities, go to the right college, get the right grades, get the right internship, get the right job, kiss everyone's ass and get good evaluations, get the right GMAT score, get into HBS, and then be anointed as the elite, highly-paid business person that they were born to be. They were process-oriented people who didn't care about creating value, they just wanted their slice of the pie. I'll be honest, I knew a few people like this in business school, but they were a small minority. It's unfortunate that people who meet this stereotype have punched above their weight when it comes to making an impression on popular opinion in the Valley. In my case I got a lot out of going to business school. It was a great transition from military service: I got a comprehensive crash course on a lot of relevant topics, got a recruiting platform from which I got a good job where I subsequently learned a lot, and got a broad and deep network of a lot of people (most of them not douchebags) across a wide set of industries. On the topic of the article itself....I think the author is trying to squeeze the data too hard. The story here is not "i-banking no longer cool for trend-following MBAs", it's "i-banks are cutting costs and realizing that it's cheaper to hire more people out of college and try to keep them around longer".