An excerpt that resonated strongly:
...Technology entrepreneurship will never have the power to displace big Wall Street banks in the central nervous system of America’s youth, in part because tech entrepreneurship requires the practitioner to have an original idea, or at least to know something about computers, but also because entrepreneurship doesn’t offer the sort of people who wind up at elite universities what a lot of them obviously crave: status certainty.
“I’m going to Goldman,” is still about as close as it gets in the real world to “I’m going to Harvard,” at least for the fiercely ambitious young person who is ambitious to do nothing in particular.
The question I’ve always had about this army of young people with seemingly endless career options who wind up in finance is: What happens next to them?
Read
Michael Lewis's piece in Bloomberg View.
Thanks, +Ashby Foltz
