Why I Picked Angel Investing Over MBAs

Summary

A Princeton graduate who had long coveted a Stanford MBA decided to skip the program, treating the $120,000 tuition as a sunk cost and instead investing that money in early‑stage startups alongside angel investor Mike Maples. He framed the decision as an opportunity to acquire relationships, skills, and a reputation—assets he believed an MBA would provide—while learning through hands‑on investing. Over the next two years he made numerous mistakes, but the experience launched his career as an angel investor.

Original Description

#20VC with Tim Ferriss. Link in bio.

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