Part 2 of our Venture Capital Human Capital report looked at founders of VC-backed companies and their gender and education demographics. For those engaged in the startup ecosystem, there is a debate about the value of MBAs at a startup. Generally, the commentary is not particularly favorable towards MBAs.
But some hard data from our Venture Capital Human Capital report suggests MBAs might be deserving of a bit more respect.
The data indicates that amongst founders with Master’s degrees, 58%, of teams only have founders with an MBA. So based on this data point, an MBA is not a liability when raising funding.
More interesting, however, is the fact that founding teams with an MBA raise larger median funding rounds than companies with founders who just have Master’s of Science degrees or teams that have MBA and MS founders.