People talk a lot how an area creates an environment conducive to startups and high tech entrepreneurship. One huge factor in “startup creation” here is the presence of at least two, highly ranked MBA programs in Los Angeles. UCLA Anderson is ranked by U.S. News & World Report at #11, and USC Marshall is ranked by U.S. News & World Report at #21–and although not as prominent in terms of reputation as places like Harvard, Stanford, or Wharton–I run across an immense number of entrepreneurs others who went to either school.
We just posted an interview with a company (Scripped) with a little bit of both USC and UCLA — a USC film MFA with a UCLA Anderson MBA, but they are just the latest of many, many startups we encounter here which are driven by ambitious, energetic students coming out of the local universities, and in particular, their MBA programs.
As much as people debate how to get technology out of universities, it’s clear that their presence–and particularly their MBA programs–injects lots of “raw material” into the ecosystem here in the area of new ideas and entrepreneurs.