I don't even know how people like this get valued so much. Why do people treat Silicon Valley "entrepreneurs" and investors as if they're made out of some sort

I don't even know how people like this get valued so much. Why do people treat Silicon Valley "entrepreneurs" and investors as if they're made out of some sort of intellectual adamantium? Aren't they, generally speaking, just people looking to make a name and buck for themselves, primarily driven by ego rather than intellectual or philosophical pursuits? Most of them got lucky with some relatively dumb or straightforward product in the middle of a bubble and are not responsible for some major leap forward in technology.