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VCs are still hiring MBAs, but firms are starting to need other experience more


The MBA-to-VC pipeline remains a very real thing. But that path is a little shakier than it once was, according to PitchBook reporting and new academic research.

Harvard placed 50 of its 1,004 MBA graduates into VC roles in 2024, with a median starting salary of $177,500. More than 10,000 Harvard, Stanford, and Wharton MBA alumni currently hold senior positions at U.S. VC firms, PitchBook data shows. VC has evolved beyond traditional sectors into AI and hardware, where technical experience beats business school credentials, so firms are increasingly scanning talent from companies like OpenAI and SpaceX rather than elite MBA programs.

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