Posts Tagged ‘ MITER ’

The Rejection Gene | MIT Entrepreneurship Review


THE REJECTION GENE

The Rejection Gene by C.Z. Nnaemeka - MITER, June/July 2010

Full article Word version

Published in July 2010 – >MIT Entrepreneurship Review Discussion on Jezebel.

 

SYNOPSIS:
Why Malia and Sasha Obama can grow up to be anything — even Presidents — but perhaps not tech entrepreneurs. Why a sexual revolution might do more to change the face of Silicon Valley than any engineering program could. Why we should or shouldn’t look for a “rejection gene”.

EXCERPT:
“… that the way to give women a leg up is to make them more (or exactly) like men. Ability attribution is very dangerous (we need only look at the mammoth investment losses on Wall Street by overconfident traders who confused luck for ability). I am simply stating that in this one specific arena – entrepreneurship, venture-backed entrepreneurship, especially — the difference across genders in the quantity and quality of rejections speaks volumes about who we see entering the field, and who abstains.

The puzzling irony of it all is that in American society, from childhood to the early teenage years, it is girls –- not boys –- who are deemed more e-inclined, more likely to join the entrepreneur class…”

Advertisements

The Unexotic Underclass – A call to the Elite-in-training

Image

Published in May/June 2013 – MIT Entrepreneurship Review http://miter.mit.edu/the-unexotic-underclass

Summary in Harvard Business Review Shortlist

Full article Word version

 

“…In the past 5 years, the number of vets who’ve died before their claim has even been processed has tripled. This is America in 2013: 40 years ago we put a man on the moon; today a young lady in New York can use anti-problem technology if she wishes  to line up a date this Friday choosing only from men who are taller than 6 feet, graduated from an Ivy, live within 10 blocks of Gramercy, and play tennis left-handed…

…And yet, veterans who’ve returned from Afghanistan and Iraq have to wait roughly 270 days (up to 600 in New York and California) to receive the help — medical, moral, financial – which they urgently need, to which they are honorably entitled, after having fought our battles overseas.

Technology, indeed, is solving the right problems.

(…)

Now, why the heck should any one care? Especially a young entrepreneur-to-be whose trajectory of nonstop success has placed him or her leagues above the unexotic underclass.  You should care because the unexotic underclass can help address one of the biggest inefficiencies plaguing  the startup scene right now: the flood of  (ostensibly) smart, ambitious young people desperate to be entrepreneurs; and the embarrassingly idea-starved landscape where too many smart people are chasing too many dumb ideas.  The unexotic underclass has big problems, maybe not the Big Problems – capital B, capital P – that get ‘discussed’ at Davos.  But they have problems nonetheless, and where there are problems, there are markets…”