As an entrepreneur and founder of UC Berkeley’s student-led venture fund Arrow Capital Matthew Bond, MBA 19, has concerns about the groupthink he has seen at work in Silicon Valley—such as when venture capitalists rush to invest in startups purely because other influential firms have funded them, rather forming their own views of the companies.
Haas In The Headlines
Poets & QuantsApr 12
Online travel platform WeTravel—co-founded by Zaky Prabowo and Johannes Koeppel, both MBA 15, while at Haas—recently released data on travel expenses among MBA students. The takeaway: MBA students spend an average of $21,296 each on social travel during their two years in a program.
Financial AdvisorApr 11
A paper by Prof. Terrance Odean, Rudd Family Foundation Chair, is one of the author's favorites as his research showed that women outperformed men as investors because women traded 69% less than overconfident men.
In this article detailing missteps at Pinterest, Jennifer Chatman, Paul J. Cortese Distinguished Professor of Management, said good intentions meant to create a friendly work environment can run up against goals of efficiency and adaptability. "You can’t always get there just by congratulating people," she said. "Good feedback is not always nice feedback. It’s feedback that makes an idea better."