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I don't know what other industry you have experience in, but this is fantastic compared to the rest of the world. In 'soft skill' jobs, I'd bet the house that
by runT1ME 11y ago
I don't know what other industry you have experience in, but this is fantastic compared to the rest of the world. In 'soft skill' jobs, I'd bet the house that credentials, prestige, and 'reputation' end up doing a lot more than a 30% higher acceptance rate.
Should we improve it further? Absolutely, but to pretend that this isn't better than other industries is silly.
- staunch 11y agoI've worked for LA and NY companies (among others) and never seen anything like the elitism that exists in Silicon Valley. Silicon Valley is mostly funded by a few elite institutions, so it shouldn't be a surprise that they fund elite VCs, which then fund elite founders (and hire elite employees). The funding sources in LA and NY are much larger and more diverse, so the elitism is far more diluted. It's a market opportunity that SV investors are so biased. Crowdfunding with equity might totally upset the applecart at some point.