I know quite a few start up entrepreneurs who had nothing like Harvard or Stanford education/connections, but were able to raise VC. Raising money gives them a

I know quite a few start up entrepreneurs who had nothing like Harvard or Stanford education/connections, but were able to raise VC. Raising money gives them a shot at entrepreneurship by shifting the financial risk onto someone who can afford it. When they’re successful, most startups tend to create a lot of good jobs. When they’re not, some rich folks lose some money. This is all fine and good, and is one of the few parts of our economy that arguably works pretty well. I’m not saying it’s perfect, but pretty good.