Ep. 962: Tom Eisenmann Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Failure Rate of Entrepreneurs at Harvard Business School
Each class of MBAs at Harvard Business School is 900. If you look at the last 20 years, sort of when venture capital and entrepreneurship have been in full swing, we've had about 100 venture capital back startups with Harvard Business School founders per year. This gets to your question of what fraction of the class will do it. You're 100 a year and raising venture capital. And then let's start to unpack failure rate. How can you put some size to that so I can understand it? Let me keep it at data for a moment. Your data specifically, students coming through Harvard, give me something that I can wrap my arms around.
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