Ever complaining the actuality that you don’t accept that coveted Harvard/Stanford/Wharton MBA? Sure, such emblems accessible doors, but there are affluence of calling cards and networking organizations that can advice you get admission to covering investors. In fact, some of these networks accept been about a continued time — best alike than Harvard.
I afresh stumbled aloft a column at Paul Kedrosky’s blog beneath the appellation Freemasons, and Amusing Networks in the Markets. In it, Paul asks: “Does actuality in the appropriate amusing arrangement beggarly an easier time accepting credit?” (Just guess.) Allegedly Paul apprehend an absorbing new cardboard that looked at whether, historically, Freemasons advantaged their adolescent entrepreneurs aback it came to funding. (Guess again):
…Using a different abstracts set of 410 companies quoted on the London Stock Exchange amid 1895 and 1902, I acquisition that Masonic managers were associated with greater admission to acclaim in baby and adolescent companies whose balance area traded over the counter. These companies becoming college profits, but the aftereffect is not statistically significant. On the added hand, ample about quoted corporations that were managed by Freemasons did not admission greater admission to credit; they had lower profits and lower Tobin’s Q.
We alarm this syndicate behavior. Sequoia, Kleiner, Accel absolutely subscribe to it. Heck, Kleiner alike marketed this action once. They alleged it Keiretsu. And aloof this bald adumbration at “Masonic tradition” casts me aback to hushed breakfasts with NEA on the 3rd attic of the old Park Hyatt Hotel in San Francisco. Or those curiously-long VC lunches at the “Sun Deck” on Sand Hill Road (Sun Deck. Star Chamber. I’m not sure, but the aliment abiding wasn’t the draw.)
I apperceive you apperceive there is a Venture Mafia. But this doesn’t beggarly you can’t get admission to it, after Ivy; after white shoes. OK, you ability accept to abrasion a funny bathrobe now and again. But the Freemasons absolutely booty affliction of anniversary added — they’re about apprenticeship, claimed development and craft-mastery. (Sounds a lot like Stanford entrepreneurship courses.)
Once in a while there may be “blood penalties”, but at this point, that’s one added baby accident in the mix aback it comes to accepting your boutique funded. And as Kedrosky’s access credibility out: Freemasons pay anniversary added more, too — alike if statistics appearance that mason-managers don’t aftermost in complete business (again, aloof like a lot of founders).
Passion, dedication, sacrifice. I’m cogent you, Freemasons may be founders’ aboriginal peeps. (Just attending at this org blueprint and acquaint me these guys aren’t engineers!).
We anticipate you should accede this, abnormally if you don’t accept and MBA. Membership is allegedly accessible to anyone.
For added information, read:
* Freemasonry and Its Etiquette, by William Campbell-Everden.
* Masonic Enlightenment – The Philosophy, History and Wisdom of Freemasonry, by Michael R Poll.
* A New Encyclopaedia of Freemasonry (Ars Magna Latomorum) And of Cognate Instituted Mysteries: Their Rites, Literature and History, by Arthur Edward Waite
* Complete Idiot’s Guide to Freemasonry (available via Kindle!) by S. Brent Morris, Ph.D., backward of Duke and Johns Hopkins Universities, currently at George Washington University.
* The Da Vinci Code, By Dan Brown
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