Useful Services. Conversationprism.jpeg (1600×1200) Everyone’s Convinced That MBAs Are Useless, So Now Might Be a Good Time to Hire Them. By Ben Horowitz On May 17, 2012 First they hate you, then they love you, then they hate you again / What the f*ck do it take for a gangsta to win? —The Game Conventional wisdom among smart technology entrepreneurs says not to hire people with Masters in Business Administration (MBAs) into startups.
Aaron Patzer, founder of Mint, expressed the sentiment well when he said, “When valuing a startup, add $500k for every engineer, and subtract $250k for every MBA.” My friend Peter Thiel once warned a young entrepreneur: “Never ever hire an MBA; they will ruin your company.” At Andreessen Horowitz, we believe that once everyone thinks that something is true, that might be a good time to do the opposite. When considering this question, the first thing to understand is that MBAs have not always been the scourge of startup society. So, what happened? They began to stroll into startups with insane lists of demands. I think we have thrown the babies out with the bathwater.
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