Ex-McKinsey Employees: The Unexpected Powerhouses in Healthcare
In fact, they are outpacing Google and Microsoft alumni in business creation across many other sectors
Recently, Vinod Khosla, founder of Khosla Ventures, tweeted that working at McKinsey was a waste of time
Data says otherwise!
After leaving their jobs, McKinsey’s employees seem be building larger number of venture backed businesses when compared to other employees of tech companies like Google, Microsoft etc.
I examined founding teams of 12,331 companies' to investigate the relationship between a founder's work experience and their fundraising ability. All these companies met the following criteria:
Largest headcount in the US
Raised their last venture funding after June, 2020
Raised more than $5m in total
Healthcare
Of 2,727 companies in Healthcare sector that met this criteria, ex-McKinsey employees topped the list with 106 companies founded by them.
Biotechnology
Even in sectors which require cutting edge research like Biotechnology, ex-McKinsey employees founded 59 venture backed companies in last 3 years.
Manufacturing
In Manufacturing, ex-McKinsey employees founded 15 venture funded companies in last 3 years - more than any other technology company.
Artificial Intelligence
In Artificial Intelligence category, ex-McKinsey employees are only behind the folks from Google, Microsoft and IBM in building VC backed companies.
Access the complete data to derive more insights 👇
Below is the list of companies included in the analysis above by category.
Healthcare companies - download
Biotechnology companies - download
Manufacturing companies - download
AI companies - download
Robotics companies - download
Fintech companies - download
Each CSV has 31 columns with headcount growth metrics, firmographics and founder details.
About the data
The data seen above is from Crustdata - an AI powered data-driven market intelligence platform for private growth stage investors. It indexes billions of public data points on companies every week to provide an edge over the private market.