Would an angel investor ever pay for founder's MBA in exchange for equity?
For instance, invest X for Y% in a startup to be partially or fully used for tuition? Contingent upon entrance to certain schools and intention to work on said company…
For instance, invest X for Y% in a startup to be partially or fully used for tuition? Contingent upon entrance to certain schools and intention to work on said company…
There is a negative prejudice toward MBA students in the startup world. I read about it in several startup books. As a founder myself, I can understand why. Big corporations are more interested in MBAs.
Yep, of course every situation is different, but I don't think in a general sense that an investor would be paying for a founder's MBA
The only scenario I could see it happening would be if the startup is beginning to break through but the founder has an intense need to build his/her business knowledge. Perhaps if there were two founders and you had enough employees at the time for one of you to take a bit of time away from the business
Hmm - I am not sure I follow. You mean would someone be willing to give money to a person with no experience to first go to school and then maybe start some hypothetical company in the future and get a percentage back?
Think this is essentially what the government does - pays for your education ( well the US lacks the college part but still ... ) and then takes taxes from your income.
I am not sure if someone would do that. Investors want founder's to work on their company rather than spend 2 years getting education. But if you are asking if someone would pay for tuition then there is a different model out there.
Lambda school will teach you coding and will not charge you anything until you land a job. Then they will get their money back in installments. Basically a delay student loan. https://lambdaschool.com/
From the perspective/mindset of an investor, I want to see the ROI and I feel like it might be incredibly skewed if that's used for tuition.
It's an interest conflict - investor invests in a startup, for founder to do something else than working on said startup. Something, that may not be directly related to the startup's success.
What you're looking for is called human/life capital. Something like this: https://avenify.com/ (not associated with them)
I think it would be tough, school consumes a lot of time which takes away from your ability to develop a profitable company. I don't know if that's going to fly with the vast majority of folks