Berkeley Study: For MBAs, Happiness Isn?t About the Money

"Well after the point that Facebook's valuation passed $1B, Mark still lived in a small, crappy apartment and slept on a mattress on the floor. All he really cared about was work and he spent most of his waking hours at the office," wrote?Facebook's first product manager, Ezra Callahan. Entrepreneurs have a peculiar habit of bucking the capitalistic expectation of easy money for long hours hunched over a laptop, leaving cushy jobs to start a risky new company, dedicating their time to charity, or simply working enough hours to make their equivalent hourly salary less-than-minimum-wage. A new longitudinal study of business students has an explanation: happiness isn't about the money.

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