Stepcase was incorporated in September 2007 and started out in a home office. In 2008, we moved in to our first office space in Kowloon, Hong Kong. It was your standard office (without windows), but it provided a cozy environment for our small team here and it’s where we launched our current line of iPhone apps.
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Short answer: Definitely not. At least Bill Gates, Larry Ellison, and 20 successful business people don’t think so. Guy Kawasaki, a famous venture capitalist, recommends founders:

I don’t think an M.B.A. matters very much for starting a company. A much better educational background is an engineering degree. You can always hire MBAs, but if you don’t have the ability to conceptualize and deliver a product, you’ve got nothing.

Now onto my long answers, with my thoughts: (more…)