It’s a social construct. The gatekeepers for money need to have some vetting of the founders. They have people they call at the big schools. The dude from SUNY

It’s a social construct. The gatekeepers for money need to have some vetting of the founders. They have people they call at the big schools. The dude from SUNY Binghamton is an unknown unless someone can vouch. The schools are super selective for people who are smart and can execute the strategy to get in, which is similar to sone aspects of the types of business VC want to incubate.