Payne: Undergrads show far more innovation than MBA students
“The innovation level for the undergrads was like off the hook. Like it was like, they were so cool. The ideas were so cool. And, but the business school students had the polished, like, yeah, here's the plan. Here's the, But the ideas had been like somehow wat…”
Schwartz: 3G recruited MBAs via cold emails and on-the-spot job offers
“We'd go to Wharton and HBS and get the resume book. Cold email people who had impressive resumes, and if they seemed like they were really passionate and they were looking for like a project and not just a job, I'd offer people jobs on the spot, which again wa…”
Edwards: Wharton's 74% AI ROI finding is closer to truth than MIT's
“I think 74% are getting an ROI. I live in the Bay Area, and I think I can't, I rarely see a company in the Bay Area right now who is not applying AI to drive productivity for their engineers, or drive productivity for their customer support reps. So I think a …”
Voss: People are six times more likely to deal with a friend
“Anyway, I'm listening to him at a talk one time, and he says, you're six times more likely to make a deal with somebody you like.”
Mollick: Unprompted GPT-4 math tutoring led to lower test scores
“The first randomized control trial we have, I have some of my colleagues at Wharton was giving GPT-IV people for math tutoring in Turkey. Now, they didn't do a huge amount of, like, you know, it was an assigned class, and they used the system, but it turns out…”
Pujji: College pedigree matters and Wharton was his biggest career meal ticket
“I think, well, one is depending on your age, it does matter where you go to college. And that's like a fun one on Twitter that I always throw at people because people love saying it doesn't. And I can tell you that the biggest meal ticket of my life was going …”
Wharton Professor Warned Warby Parker Founders Against $49 Glasses
“The Wharton professor who advised the founders of Warby Parker said that they couldn't price their glasses at 49 dollars even if the economics made sense. Because they would be associated with shitty quality.”
Breitfelder: Top Business Schools Were Late to Modern Human Capital Science
“I think the fact that HBS and Wharton and Stanford and all the top business schools have also been late to it didn't help because most of the leaders of these firms were educated in the same era, so they just weren't exposed to it”
Lieberman: A 50% margin SaaS company is 2.5x more valuable than 20%
“One SaaS company will have a 50% cash flow margin. The other will have a 20% cash flow margin. One is going to be theoretically in the long term, this is my Wharton education kicking in, two and a half times more valuable than the other.”
Liberal arts grads are better suited for investing than business students
“These kids come out and they learn how to think critically and write and make an argument and put a mosaic of things together, and that's what investing is, right? So I keep telling these guys, you are the most well-suited for investing or investment managemen…”
Jin: Top business schools like Harvard and Stanford face declining MBA applications
“The number of applications is shrinking across the board, and the institutions that historically were thought of as immune to this, so Harvard Stanford, GSB, Wharton, the top, top business schools, They're now experiencing this, too, where they're seeing year …”
Fagiri: Post-2008 Crash, Wharton MBAs Shifted from Banking to Tech
“There was definitely a shift where more, I went to Wharton, and there were more, my class, there were more people talking about tech. Versus going into banking and finance. So like, the market had crashed a few years before, and, you know, a lot of people are …”
Warby Parker, Harry's, and Allbirds founders shared Vasen's Wharton class
“If you look at my warden class alone, like the founders of Warby Parker, Harry's, Allbirds all came out of that single class.”
Gilboa: Warby Parker founders invested $120,000 and took no salary for 18 months
“We invested a 120,000 dollars between the four of us to get the business off the ground, and, you know, we worked for a year and a half with Outpaying ourselves a salary. We didn't have an office. We did win a couple of grants from Wharton, so that, that helpe…”
Gilboa: Warby Parker met with almost 50 PR firms before launch
“We had meetings with almost 50 PR firms, and part of it was us evaluating them, but at the same time, we had to sell ourselves to those PR firms, and, right, there's nothing less sexy in the fashion world than four MBAs from Wharton.”
Mauboussin: Overcome algorithm aversion by allowing minor human adjustments
“And it turns out, they said, there's a way to overcome this which I think makes enormous amounts of sense. And they said, the way you overcome this is you say to people, you're going to, your first answer is going to be what the algorithm tells you, right? Jus…”
Khaund: College is only worthwhile at top-tier network-building institutions
“Unless it's to the right place, I'd rather they not go, but if it's the right place, and they build the networks, and they kind of test themselves against the best, my wife went to Stanford, I went to Cornell, I went to Wharton, I feel like we, each of us, tes…”