Netizens Criticize Nikhil Kamath for Calling MBA Students ‘Stupid’
Zerodha co-founder Nikhil Kamath faced heavy backlash online after stating that a 25-year-old pursuing an MBA is “stupid.” He made the comment during a Zerodha Ask Me Anything session on YouTube, sparking criticism from netizens.
Public Reactions to Kamath’s Statement
Many argued that Kamath, a billionaire and founder of a stock-broking platform, lacks expertise in education to make such claims. A LinkedIn user commented:
“He is a founder of a stock broking platform. What is his credibility in judging the education scenario? Tomorrow he can say ‘AI is hype.’ Maybe a day after that, ‘Researchers are stupid.’ But never forget, he is founder of a stock broking platform.”
Others highlighted Kamath’s privileged background, accusing him of dismissing education’s value for those without wealth or connections. One critic said:
“It’s easy to look down on education when you already have wealth, access, and influence. But when you come from a middle-class or humble background, you don’t have those shortcuts. Education is often the only bridge that lets you cross over.”
While acknowledging not every MBA guarantees wealth, many defended the degree as a vital tool for social mobility.
Summary
Kamath’s remarks ignited debate about privilege and the worth of formal education, particularly the MBA, as a pathway for those striving to improve their circumstances.
Author’s note: This controversy highlights the tension between wealth-based privilege and the different realities education offers to diverse social backgrounds.
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