Mr. Entrepreneur

MIT Sloan will not swallow those stats: 2.7/690. And work history after college is a bit unclear. First job sounds solid. Current job also seems solid as does history of having founded two start-ups yourself.

Whether all that solid accomplishment is enough to overcome your low stats is an open question. I gave you 30 percent odds as way of recognizing that, but MIT rarely goes off their GPA/GMAT protocols. International schools –HEC and Singapore– should be way easier. NYU may go for this, but they are also pretty stats focused.

Hello Mr. Entrepreneur! Krista Nannery from mbaMission here! Thanks for posting.
I love your combination of 3 years big corporate CPG with 2 years Ag-tech. Add in the start-ups you’ve founded and wow…what a story!!! I can envision some great essays here and a real “Why” for an MBA. (I’m guessing you’ve been baptized by fire a few times.) My concern here is your stats. With a 2.7 GPA, you’re in the lowest 10% of admitted students for most schools. (80th percentile range is typically 3.2 to 3.8 so you’re really low.) Then, the 690 isn’t maybe enough to compensate for that GPA. HEC and NUS might be more flexible here but for CBS, Sloan and Stern, it will be tough. My recommendation would be either to invest in the GMAT and get that score up, or switch to the GRE and see if you can do better there. Then, widen your list of schools. Maybe a Tepper or a UNC. Note I’m not saying that you have 0 chances at CBS, Sloan, and Stern…I’m more saying that I’d like you to have an acceptable Plan B. (Which could certainly be HEC or NUS. Apps have been up lately at HEC though so NUS might yield slightly better results.)
Note VC can be notoriously hard to break into, which AdComs know. If anyone could do it, given your start-ups, maybe you could but you may want to do some research on VC placement at your target programs to better understand the possibilities.
I hope that helps!
Krista

Mr Entrepreneur, I’m Lisa Cummings of Stratus Admissions, a former Sloan adcomm member. Your entrepreneurial experience is interesting and congrats on your success there.As my peers mention, Sloan is very numbers focused and while I will never say never, with your stats it will make hard for you to get noticed at Sloan. Schools will want to know that you can cut the mustard in the classroom; is there anything you can do to show Sloan, or other schools that you are a solid candidate. You have only been out of school 2 years. Do you think is it possible to get your GMAT up with study or are you convinced this is the best you can do? What about taking a class? These could show schools that you are aware your stats aren’t great but that they aren’t reflective of your potential. Schools will also be interested in why you are leaving your startup now – it seems it/you are doing well. What is your plan and what will happen to the company when you go? You will have to solidify your story and, if possible, shore up your stats if you are to be a really viable candidate at a top school. I wish you luck!