Wednesday, August 29, 2007

Arthur Andersen

I was recently approached by an entrepreneur who wanted my help writing a PPM and finding sources of venture capital for his start up. Our mutual friend who introduced us had mentioned that I worked for Arther Andersen as a business consultant in a previous life. The entrepreneur seemed to believe this to be the most important fact about me.

I am still surprised at how much respect the Andersen name still commands in the marketplace. Not to say that it isn't deserved. As an insider, I remember working with extraordinarily talented young people, recruited at the top of their classes from well respected schools. These kids were highly intelligent and still socially adept, a winning combination in the business world.

So what happened to all of that Andersen talent? Most of them were absorbed by the Big 4 or by other enterprise consulting firms such as IMB and Gateway. It seems that while the Arthur Andersen entity is no more, the Arthur Andersen name and spirit lives on.

Jesse Melnick
www.jessemelnick.com

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