Stanford to MBAs: Wait 2 Years to Start Up

Ten years ago, students at elite business schools were obsessed with getting jobs at Wall Street’s top firms. But that dynamic started to shift as, post-recession, the reputation of Wall Street soured and the appeal of Silicon Valley took off. Besides offering the opportunity to escape East Coast winters, an executive position in Silicon Valley has come to be coveted as a result of cool perks, rhetoric centered on “changing the world,” and an increasing focus on work-life balance (though whether those in Silicon Valley work shorter hours than those on Wall Street is up for debate). The money does not hurt either.