This time last year, I was up Mt. Shasta, waist height deep in snow with a group of classmates. This year, I decided to rest after a busy recruiting season- which still hasn't ended by the way! Its never over until you've signed the dotted line.
In the last couple of days I've been meeting up with some entrepreneurs:
Last night I was at a dinner with two GSB alums, class of 2004 who are creating a new school in South Africa to build future African leaders- . A very risky and long-term education non-profit, but inspiring. The market for secondary education is booming (I should know- my parents sent me abroad because there are few if any institutions like this in Africa). I particularly loved the way they sought to subsidize African students with western students who are paying higher fees for experiencing the equivalent of study abroad in Africa.
I met up with Linxdating CEO, Amy Andersen, a dating service for high net-worth silicon valley individuals- Apparently, there are a few GSB alums who use this service! I found some of the no.s hard to believe, something like 50 million Americans use a dating service.
A new start-up involving some classmates including my former Schwab room-mate got launched this week. Although there is little, if any tangible product at this stage (keep tuned in)- its an interesting concept- internet users who create value on the site who are incentivised by stock- in essence instead of there being one entrepreneur who takes a majority of the rewards for building a community of millions of users who are valuable to advertisers etc... in this case, the users get to share in the value created.
On the fun side, Check out this out- a very fun Friday night at meetro hq in San Francisco (spot Mbwana!).
I am hoping to check out Kiva's new office this week in SF, they have been experiencing tremendous growth recently- amazing to think just a year a ago it was little more than an idea. Now they are approaching $1 million in microloans.