Honestly my completely outside the valley impression is that VC operates a lot on pedigree and connections. SBF has an impeccable pedigree, so the thought that

Honestly my completely outside the valley impression is that VC operates a lot on pedigree and connections. SBF has an impeccable pedigree, so the thought that he was a Michael Fenne type was never even considered. Why would he lie, when he could live an honest life and be fabulously rich and comfortable (Jane St, wealthy connected parents, etc)