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McKinsey Alumni, Healthcare Startups

Ex-McKinsey Employees: The Unexpected Powerhouses in Healthcare

Jul 3, 2023

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:

  1. Largest headcount in the US

  2. Raised their last venture funding after June, 2020

  3. 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.

Get an edge with real-time data.

Get an edge with real-time data.

Get an edge with real-time data.