It’s not either or, you need both education and experience. Education provides you with tools, going to work allows you to apply those tools.
MBA skills are valuable. They're just for managing organizations, not creating products, and the latter is what drives startups.
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This is one of the few times I don't agree with you Paul. So much misconception on what an MBA teaches. Not surprised many say that you can just read a book about it. Not saying it is absolutely necessary to have an MBA. Just saying that there's a big bias here.
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Disagree, having both an MBA and been in startups I can say he's spot on
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These two areas are not mutually exclusive. Having "big picture" view of operations, economy, moat, platform dynamics, etc are invaluable for product people. I found MBA entrepreneurship classes had flaws, inc aversion to bootstrapping & rigid founding team characteristics.
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It's in the name ... Administration
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80% of Everything happens before the team is big enough for people to worry about if that meeting was a success. Especially because there will be a messy middle where those tools are required and yet ignored.
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I found the idea of core competence, strategic intent (RIP CK Prahalad) and the DCF method very useful. Also accounting classes that taught me how to read a balance sheet
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In fact careful reading of Amazon S-1 convinced me that it was trading at a 35 P/E when the stock was $200. Long since then. Happy to explain that analysis ....
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MBA grads ten years ago maybe. now design-centric, customer-centric, and pain points are covered in orientation
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