Emergic: Rajesh Jain's Blog

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Weekend Links

February 21st, 2009 · 1 Comment

This week’s reading:

  • Top 30 Innovations of Last 30 years: from Knowledge@Wharton.
  • Smart Roads, Smart Bridges, Smart Grids: from the Wall Street Journal. “If we are going to spend billions of dollars to fix our ailing infrastructure, let’s make sure we do it right. Here are the technologies to make that happen.” India can also learn a lot in using these emerging technologies.
  • Harvard’s Recruitment Process: from Business Week. “For the class of 2010, which will start in September, Harvard received a near-record 23,000 applications. Of these, it accepted a mere 2,100—or just 9%—ranking it as the nation’s most selective college.”
  • Why VC Returns Languish: by Will Price. “When you cut through all of this data, what you see is that VC’s portfolios have filled up with deals while there has been little liquidity.  With 1,930 companies funded but only 7 IPO’s (and another 300 M&A’s), you have a lot of overhang in the existing company portfolios.”
  • Study on Serial Entrepreneurs: An article on peHUB on an HBS study. “Successful entrepreneurs have a 34 percent chance of succeeding in the next venture-backed firm, compared with 23 percent who failed previously, and 22 percent chance for new venture-backed entrepreneurs.”

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1 response so far ↓

  • 1 Spandan // Feb 21, 2009 at 11:59 pm

    I still believe, like many, Harvard is for the richest and most powerful people. In way that serves to increase their brand name. They may say that they have recruited from poorer section, but I really doubt if they can afford it at Harvard (=truly poor and less privileged).

    In similar case, we have ISB now in India. It is asking for 24/25 lakhs for fees + other expenditures = 30 lakhs. Even a software professional (supposed to be one of the best paid in India) can not afford that kind of money after 5 years of work experience. Well, now it is withing top 15 as per ET, but still, I think by Indian standard, it is too much.

    Same case is with IIM. When I asked one IIM professor and asked him why their fee is around 20 lakhs (= 45,000 USD) for their MBA/e-MBA program and they nowhere come near the top across the world – he was speechless.

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