At Harvard, Wharton, Columbia, MBA startup fever takes hold


(Poets&Quants) — On their Kickstarter video, Columbia Business School MBA candidates Connor Wilson and Nolan Walsh stand in a room where a group of male and female models cavorts around a pile of boots and shoes as they shower dollar bills upon it. “Welcome to the world of fast fashion,” Walsh says. “Models, celebrities, and huge advertising budgets, all designed to sell us inferior products that wear out quickly.”

The Kickstarter campaign set a record for sales in the first 24 hours, and Wilson and Walsh have received more than $275,000 in orders for their $199 Thursday Boot Company boots. Production started about a few months ago.

“I really like the idea of growing something small into something big,” says Wilson, a former investment analyst and portfolio manager for Thornburg Investment Management.

The two Columbia MBAs are part of a striking trend among business school students toward entrepreneurship…

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