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By GPA, the author likely meant "name of prestigious university." Before dimissing a VC for choosing to use or not use it, I wonder what the data shows regardi
by balls187 10y ago
By GPA, the author likely meant "name of prestigious university."
Before dimissing a VC for choosing to use or not use it, I wonder what the data shows regarding whether pedigree is a good proxy for selecting founding teams for funding?
- vonnik 10y agoThe data may show a correlation, but it would show the same correlation to everyone, which means that the advantage of investing in Ivy Leaguers/4.0 GPA students is priced out. Anecdotally, I've seen a lot of excellent academics and skilled corporate bureaucrats from top companies have trouble adjusting to the chaos of startup life, and the demands of the product development cycle, even after they raise a great deal of money. Pedigree and entrepreneurial skills are in some ways orthogonal. In any case, GPA/Ivy League/resume trophies are a weak substitute for a product that works and appeals to people, which is the main point.