Narrative Violation : “Don’t invest in MBAs” If you just invested in the HBS Class of 2011, you would have hit $100B+ in market cap. - Coupang: $60B - Grab: $17B - Gojek: $10B - Oscar Health: $7B - Stitchfix: $5B Lesson? Don’t make up “proxy rules” in a game of outliers.
Update: That same class produced - 1.
@anjsudtaking
@Vimeopublic this week 2.
@trinaspearwith
@wearfigsDamn. What a class.
Your returns though have to be divided by your costs, and those depend on how many others started startups that didn't do as well. There were 1000 people in the class of 2011, so that number could be quite large.