Does An Entrepreneur Need An M.B.A.?

When evaluating entrepreneurs for potential investments, Rick Burnes, founder of the VC firm Charles River Ventures, shared in the book The VC Way “it helps to look at the educational level a person has attained and the institutions he or she attended. It takes some determination to get through a demanding university.”

I began researching MBA programs shortly after completing my bachelors a little over 10 years ago. I knew I wanted to attend a demanding program if I got the opportunity because of the opinions held by many investors like Burnes. These opinions weren’t new to me because while raising capital for a previous start-up, I had been told by several investors that my lack of an MBA was a negative.