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Re:Ask HN: Concepts that clicked only years after you first ... by yieldcrv on Sunday January 01, 2023 @03:41PM (#34210621)
Similarly this gives me pause about Ivy League MBA programs.

Although a small sample size, despite their ambitions the BIPOC people I know haven’t been able to reap any professional benefits from it. Whether from access to executive roles, getting taken seriously by venture capital firms, or in their attempts to join venture capital firms. There is a level of discretion in these team forming situations that is not extended to them whether it has anything to do with their race or not, its pretty clear the upwards mobility is not coming from this credential.

The “average salary” of MBA alumnis is not what is interesting about getting one, for me or them.

Re:Ask HN: Concepts that clicked only years after you first ... by idiotsecant on Sunday January 01, 2023 @04:36PM (#34211219)
I am not an ivy league MBA person but my understanding of these sorts of things is that it's not the credential itself that's useful, but the connections you make in the process.
Re:Ask HN: Concepts that clicked only years after you first ... by yieldcrv on Sunday January 01, 2023 @04:42PM (#34211274)
yes, all participants were aware of this, and yet the connections resulted in no improved professional access or ability to exchange time for food and shelter.
Re:Ask HN: Concepts that clicked only years after you first ... by threadweaver34 on Sunday January 01, 2023 @05:37PM (#34211817)
> the BIPOC people I know haven’t been able to reap any professional benefits from it

Probably because there's almost always an Asian who's more qualified or a white with better connections. The problem is the key insight you get from a BIPOC is BIPOC tend to not have much money (set aside equity and vicious cycles for another day), so unless they're your market, you're not interested in marketing to people who can't afford your products.

Re:Ask HN: Concepts that clicked only years after you first ... by yieldcrv on Sunday January 01, 2023 @07:43PM (#34212874)
but this isn't about marketing or needing a BIPOC to point out BIPOC markets?

thats a really odd take, how did you start with connections and end up with consumer marketing?

is this a personal experience or is this non-sequitur is a common sentiment because we need to address that as ignorance

Re:Ask HN: Concepts that clicked only years after you first ... by threadweaver34 on Monday January 02, 2023 @03:40PM (#34223350)
I'm looking how diverse candidates from Ivies meaningfully differentiate themselves. Ivies admit to discriminating against Asians, so on average, a BIPOC from an Ivy will be less qualified than an Asian. Why would you hire them, then? The pitch for diversity is always that diverse teams make better decisions, but it's not racial diversity that does it, it's different lived experiences. Companies exist to make money, so how can they turn someone's insight from an underprivileged background into sales when poor people buy less? A golf club maker doesn't need an Urban Outreach Coordinator. This was also in the context of an MBA program where the whole purpose is making money. It'd be different for a PM of an app where 100% reach is the goal.
Re:Ask HN: Concepts that clicked only years after you first ... by yieldcrv on Monday January 02, 2023 @08:51PM (#34226531)
thanks for explaining that, I think there are some assumptions that are flawed in this decision tree.

1) the admissions into the Ivy would be biased, the education should be the same as before, as admissions into Ivy were always biased in some way. So whatever their alumni (and dropouts) were known for in that brand would still be the same.

2) aggregate better decisions due to different lived experiences doesn't mean just selling consumer products to underprivileged people. you're really going to have to work on what people mean by that, "sales to poor people" isn't the whole universe of different lived experiences, there can be other market inefficiencies with a good TAM. very similar to non-revenue based reach.

Re:Ask HN: Concepts that clicked only years after you first ... by crackercrews on Sunday January 01, 2023 @05:54PM (#34211960)
So even with all the BLM advocacy, there is no pipeline for Black people with MBAs from Ivy League schools? That doesn't fit with what I've seen in other industries. Companies fell all over themselves to hire Black people. Is this not happening in MBA-land?
Re:Ask HN: Concepts that clicked only years after you first ... by yieldcrv on Sunday January 01, 2023 @06:50PM (#34212488)
read it again, its not about getting hired, its about getting capital and decision making roles that skip the corporate ladder.

these have an overrepresentation of Ivy League MBAs in them with a pedigree that has nothing to do with promotions. People see the Ivy League MBA as key to this and aren’t interested in the other things an MBA can do. The jobs these disillusioned alumni have were attainable without the MBA.

Re:Ask HN: Concepts that clicked only years after you first ... by crackercrews on Sunday January 01, 2023 @07:37PM (#34212832)
Your original claim was much broader:

> despite their ambitions the BIPOC people I know haven’t been able to reap any professional benefits from it

Re:Ask HN: Concepts that clicked only years after you first ... by yieldcrv on Sunday January 01, 2023 @07:42PM (#34212863)
because they didn't need the MBA for the roles they did land

its all part of one contiguous complete thought

Re:Ask HN: Concepts that clicked only years after you first ... by crackercrews on Sunday January 01, 2023 @07:52PM (#34212928)
You also say:

> the connections resulted in no improved professional access or ability to exchange time for food and shelter.

When you make such broad statements, then walk them back in comments downstream, it makes conversation unfruitful.

Re:Ask HN: Concepts that clicked only years after you first ... by yieldcrv on Sunday January 01, 2023 @08:11PM (#34213048)
you’re unwilling to view it as a coherent and related thought

“improved” is the operative word that you seem to ignore or view as contradictory

the MBA did not improve their work prospects, they already had work prospects. you asked for a clarification, you call the clarification backtracking

do you have an actual opinion on the topic now that its more clear for you

Re:Ask HN: Concepts that clicked only years after you first ... by whynaut on Monday January 02, 2023 @10:53AM (#34219219)
When you ignore such large chunks of context, it makes conversation unfruitful
Re:Ask HN: Concepts that clicked only years after you first ... by opportune on Sunday January 01, 2023 @08:08PM (#34213032)
There are very typical archetypes that benefit from top MBAs and if your background isn’t one of those, then it won’t help. For example I doubt an associate (who is black) at a major IB firm gets much worse outcomes from an Ivy League MBA than their white peers. If black people are over represented in the people who are admitted but not from those backgrounds that stand to most benefit, it would stand to reason their outcomes would be on average worse. But that doesn’t mean taking an arbitrary white MBA grad and making them black would make their outcomes much worse
Re:Ask HN: Concepts that clicked only years after you first ... by yieldcrv on Monday January 02, 2023 @01:26PM (#34221604)
my first post covered all of this rehash posted as a rebuttal

"despite the small sample size"

"despite their ambitions"

for people with the typical archetype "it amplifies their ambition if they want"

"whether it has anything to do with their race or not"

"the “average salary” of MBA alumnis is not what is interesting about getting one"

the point is for more examples that show its not a waste of time for ambitious BIPOC, and what archetype would help integrate them into the archetype that often happens to also have an MBA.