Kellogg | Mr. Chief Product Officer
GMAT 740, GPA 77.53% (First Class with Distinction, Dean's List Candidate)
Harvard | Mr. Political Consultant
GRE 337, GPA 3.85
MIT Sloan | Mr. Refinery Engineer
GMAT 700- will retake, GPA 3.87
Said Business School | Mr. Across The Pond
GMAT 680, GPA 2.8
Stanford GSB | Mr. Singing Banking Lawyer
GMAT 720, GPA 110-point scale. Got 110/110 with honors
Berkeley Haas | Mr. Hanging By A Thread
GMAT 710, GPA 3.8
Stanford GSB | Mr. Corp Finance
GMAT 740, GPA 3.75
Kellogg | Mr. Marketing Maven
GRE 325, GPA 7.6/10
Stanford GSB | Mr. Vroom Vroom
GMAT 760, GPA 2.88
MIT Sloan | Mr. Low GPA Over Achiever
GMAT 700, GPA 2.5
N U Singapore | Ms. Biomanager
GMAT 520, GPA 2.8
Yale | Mr. Army Infantry Officer
GMAT 730, GPA 2.83
Berkeley Haas | Ms. 10 Years Experience
GMAT To be taken, GPA 3.1
Yale | Ms. Social Impact AKS
GRE 315, GPA 7.56
Wharton | Mr. Army & Consulting
GMAT 760, GPA 4.0
Berkeley Haas | Mr. 360 Consultant
GMAT 720, GPA 3.4
Harvard | Mr. Improve Healthcare
GMAT 730, GPA 2.8
Berkeley Haas | Mr. Wake Up & Grind
GMAT 700, GPA 3.5
Darden | Mr. Fintech Nerd
GMAT 740, GPA 7.7/10
Stanford GSB | Mr. Minority Champ
GMAT 740, GPA 3.7
Darden | Mr. Senior Energy Engineer
GMAT 710, GPA 2.5
Harvard | Mr. Merchant Of Debt
GMAT 760, GPA 3.5 / 4.0 in Master 1 / 4.0 in Master 2
Stanford GSB | Mr. Indian Telecom ENG
GRE 340, GPA 3.56
Stanford GSB | Ms. East Africa Specialist
GMAT 690, GPA 3.34
Harvard | Mr. Nonprofit Social Entrepreneur
GMAT 740, GPA 3.7
Chicago Booth | Ms. Start-Up Entrepreneur
GRE 318 current; 324 intended, GPA 3.4
Duke Fuqua | Ms. Health Care Executive
GMAT 690, GPA 3.3

HBS Opens A ‘Startup Studio’ In New York

Avanti Patel, new director of Harvard Business School's Startup Studio

Avani Patel, new director of Harvard Business School’s Startup Studio

Last year, 84 of 932 graduating MBAs at Harvard Business School did their own startups. If you subtracted the sponsored students who were returning to their employers, that means that slightly over 10% of the class launched new businesses, more than the 65 MBAs from Stanford University’s Graduate School of Business who became entrepreneurs by graduation last year.

The Harvard founders mainly launched their companies in technology, finance, consumer products and services, but also a host of other industries, from health care to consulting. Some 27 of the new organizations have a social mission, and nearly 60% of them are based in the northeast.

So those numbers put into context today’s (Jan. 11) announcement that HBS and its Arthur Rock Center for Entrepreneurship has opened an HBS Startup Studio in New York City and appointed Avani Patel, who has an MBA from Columbia Business School, as the new facility’s director. Although HBS has long had a network of offices around the globe dedicated to supporting faculty research, the school said this is the first off-campus facility for graduates of the school who are practicing entrepreneurs. It complements the broad variety of programs offered to Harvard MBA students by the HBS Rock Center and Harvard University’s Innovation Lab.

IN MIDTOWN UNTIL MOVING TO A PERMANENT AND LARGER SPACE IN SILICON ALLEY

The Startup Studio, which is temporarily located in midtown Manhattan (1460 Broadway) before moving to a permanent and larger location in Silicon Alley next spring, will be both a gathering place for the many HBS entrepreneurial alumni in the Greater New York City area and a workspace for New York-based teams with at least one founder who is a Harvard Business School graduate. The Studio’s mission is to help foster connections and collaborations among alumni, whether they are founders, investors, or among those who have joined one of the many high-growth startups for which New York City has become well known.

“HBS alumni in New York have been at the forefront of the surge in startups there with companies such as Birchbox, Blue Apron, Rent the Runway, Oscar, and Hello Alfred, to name a few,” says Jodi Gernon (MBA 1991), director of the Rock Center, located on the School’s campus in Boston. “For years, many of them have returned to HBS to interact, seek advice, and network with others facing similar challenges. Now they can do that by staying in New York and making use of our Startup Studio.”

Teams gain access to the Studio by application. They must have seed funding in excess of $500,000 and fewer than seven employees. Teams will reside at the Studio for up to eighteen months, depending on their growth stage, and will be able to take advantage of all events and programming at the Studio, such as founder forums, subject matter and industry expert councils, and general networking events.

About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.