Sramana Mitra’s recent Forbes.com article laments the overemphasis of fundraising and underemphasis of “bootstrapping” in business school entrepreneurship classes. Students learn the ins and outs of attracting venture capital to their idea, Mitra argues, but precious little about how to actually get that idea off the ground from an operational perspective. As a result, the argument continues, students are left with unrealistic expectations and the promise of little more than failure.
More ...