Does an MBA inoculate someone from making these judgment errors? If so, I personally know multiple MBA-holders who've made similar errors who should be informed that they deserve their money back or something.
An MBA inoculates somebody from making poor decisions just as much as anybody having expertise in any specific field. As you would agree, nobody is beyond making a poor decision.
Let's also be clear than an MBA is a broadly defined credential, as there are a host of specializations (including Human Resources management, Marketing, Finance, etc) that are often bundled within the "degree". However, from what was described in the Everpix case, I am confident that somebody with the right mix of educational training in early-stage venture management (MBA w/entrepreneurship concentration) and smarts could have added value.
An MBA inoculates somebody from making poor decisions just as much as anybody having expertise in any specific field. As you would agree, nobody is beyond making a poor decision.
Let's also be clear than an MBA is a broadly defined credential, as there are a host of specializations (including Human Resources management, Marketing, Finance, etc) that are often bundled within the "degree". However, from what was described in the Everpix case, I am confident that somebody with the right mix of educational training in early-stage venture management (MBA w/entrepreneurship concentration) and smarts could have added value.