Archive for the ‘MIT Sloan School’ Category

Could grads from Northeastern be better entrepreneurs than grads from Harvard or MIT?

26 August 2010

Having just sat through the final presentations of ten entrepreneurial teams graduating from Dean Paul Zavracky’s yearlong I-Cubator program at Northeastern University’s School of Technological Entrepreneurship, I have to ask: Are these NU grads better suited to be entrepreneurs than the grads from Harvard’s HBS Business School or MIT’s Sloan Entrepreneurship Center?

I’ve seen the hard work – and focused energy — of prior grads from this NU program, such as Jason Evanish, who started Greenhorn Connect and who is an early team member of Laura Fitton’s Twitter startup, oneforty.  This year, I’ve met more folks from the program in my role as mentor to one of the NU teams, NueBuild, whose founding members Ben Youtz and Peter Wiederspahn developed a patented, energy efficient, modular, low cost, home construction system.  I am providing hands-on mentoring to the founding team, as well as helping their efforts to enter their first target market, China.

Seeing ten Northeastern teams up close this week, I am left with the view that they might just be more practical, more hands-on, and more interdisciplinary-aware than the typical grads from those other business schools.  What’s your view?

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Great Polaris Venture / MIT “Triumph in Tech” Event

2 March 2008

180px-wfm_stata_center.jpgLast week’s “Triumph in Tech” event at the R&D Pub in MIT’s Stata Center was a success. Polaris Venture Partners and the MIT VCPE (Venture Capital and Private Equity) Club hosted the ‘round robin’ dinner – we changed tables after each course – with the purpose of bringing together three types of people: Venture Capitalists (looking to meet this year’s top graduates); MIT Sloan School MBA students, most from the Entrepreneurship & Innovation Program (looking to find a start-up that’ll hire them); and seasoned CEOs – people like me who Polaris asked to speak directly to the subject of the evening, “How Great Teams Come Together and Break Through to Success.”

Though I enjoyed talking about the teams I’ve pulled together in early-stage start-ups, turn arounds, or ‘growth-phase’ companies both here and in Europe, I enjoyed even more learning new ‘tricks of the trade’ from my contemporaries. Unfortunately I suspect some of the students did not enjoy the advice given by many of the CEOs: since start-ups don’t have the luxury to groom, you’ll not likely find a start-up willing to hire a fresh MBA grad for their executive team. So land a position – preferably in Bus Dev and / or Product Management – at a large, well run company with a strong management training program. Then come back in ten years and seek out your start-up.

This event was one of those win / win situations where all in attendance – the Polaris VCs, the MIT MBA candidates, and the CEOs – benefited.