I actually came to this epiphany today in the company of
friends. Sure I have read countless articles in the first half of this year
that talk about the start up bubble (and emphasis of start ups in tech by the
way) and I'm sure many would say that they know atleast a handful of people in
their immediate network who have/has started a start up or atleast worked for
one at some point in their career. I digress - but are we talking about this
phenomenon enough? I attended a few business school graduations this year and
the number of students going into financial services and/or consulting had
dropped off significantly. Further have come from an investment banking
background myself right out of college where the analyst class was in the 250 -
275 range, it is shopping to know now that the class may be 80 people!! On the
other hand perhaps people at the presumable graduate level are turning to start
ups because the cost of graduate school – the “I want my own enterprise so what
do I need this $200K degree for” sort of people. I think it will be interesting
to watch over the next few years the areas of our society that would lead us to
believe that we are in a start up bubble or atleast headed for one. The areas
that are tangential to the core start up statistics will be most interesting to
watch. Just food for thought…
No comments:
Post a Comment