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The vast majority of those people are middle/upper-middle class people in massive debt. The kind of upper-class Harvard grad that VCs like are most definitely o
by wootland 4y ago
The vast majority of those people are middle/upper-middle class people in massive debt. The kind of upper-class Harvard grad that VCs like are most definitely of the old money variety.
- ameister14 4y ago>The kind of upper-class Harvard grad that VCs like are most definitely of the old money variety. Do you have any evidence for this? [edit] Of course, you'll likely be able to find a single case and that's any evidence. So how about is there sufficient evidence to support your conclusion that "old money" is getting all the VC funding?
- wootland 4y agoI don't think there's been research done on generational wealth of funded founders, but there's plenty that shows highly skewed investment patterns: https://techcrunch.com/2021/08/29/diversifying-startups-and-vc-power-corridors/ https://techcrunch.com/2021/08/29/diversifying-startups-and-...