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VCs more often than not just pick who they want to run a company in some vertical. So like, an AI company for lawyers, they just go find some Harvard guy and fu
by codingwagie 2y ago
VCs more often than not just pick who they want to run a company in some vertical. So like, an AI company for lawyers, they just go find some Harvard guy and fund him. It increases wealth inequality, bc they choose who to write the check to. Hard charging entrepreneurs from underdog backgrounds do get funded, but its way harder for them, many hurdles to clear.