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Bloomberg (8K(date of change in executive management) + bios(presence of "MBA" after exec without and at least a B.S.; finance, accounting, marketing, etc. excluded) | Jensen's alpha over IWM and sector SPDR over [0,2) versus [2,5)) -> R. Russell 2000 members 2006-2012. Bias may be introduced from these all being large, public companies - I don't know if VC-backed companies led by engineers v ops guys have a different story. I didn't dig very deep to try and see if I could remove noise, but TL;DR too much noise and drawdown at the outset.

Disclaimer: I'm not an MBA and don't intend on getting one. That being said, I've noticed Silicon Valley discounts solid operations knowledge as much as Wall Street tends to discount the difference between a hacker and an okay coder. Andreesen is a smart man and was probably making a rallying cry/culture call rather than an analytic one with this line.




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