It seems that every time I write about HBS, the more I get attacked. The WSJ did a piece on Harvard’s Yacht parties last weekend: The Ultimate M.B.A. Networking Event? A Yacht Party in Croatia. (they don’t get attacked, since journalism on that scale can’t be silenced). The folks who spends thousands on these parties (“Yacht Week” brought in $13 million! to the organizer, an outfit by the name of Day 8) are mostly freshmen. It’s not just Harvies, but Tuckies and others, too (Tuckies would be students at Tuck School of Business, Darmouth).
“The number of MBA-dedicated yachts expanded from 12 in 2019 to 95 in 2021, according to Day 8. These year there were 42 M.B.A. boats carrying roughly 500 people, according to the company. HBS students alone booked 28 yachts that took part in the festivities, up from 20 in 2021. Photos posted on Instagram last month showed some Yacht Week attendees in matching white hats with the HBS crest and a sailboat. Students from Stanford’s Graduate School of Business and Tuck came aboard, too, according to Day 8.”
WSJ
I won’t bother you with more details of these libations since most of us are more concerned with the price of meat going up by 9% this year but remember: these are your future leaders.
They ask that you don’t call them “fats cats”. “Slurpy cats” ?
To the futures Chairmen and Chairwomen of Goldman Sachs, I will tip my hat ! And get that venture capital money for your app-for-hangovers ready, people !
Until next time,
Your Man,
Max Cantor