3 ms·Nepotism vs. Meritocracy (or at least a rationalized investment)by bduerst 7y agoNepotism vs. Meritocracy (or at least a rationalized investment)ethbro 7y agoThe VC game seems a bit more... suspect than to clearly label it as a meritocracy. Particularly for serially bankrupt founders.bduerst 7y agoVC firms still rationalize it though. Also, how many serial bankrupt founders keep getting investments from the same VC?