This is why there are so many graduate students who can't find jobs. The prospects (acceptable for STEM, dismal for all else) are published, but people who are

This is why there are so many graduate students who can't find jobs. The prospects (acceptable for STEM, dismal for all else) are published, but people who are used to being the "1 in 10" fail to realize that, when it counts, they likely will be. The other 9, it turns out, are Ivy-educated smart people just like them. This might apply to VC-istan as well, although I think founders are less delusional about it than employees. Founders become EIR if the thing flops; employees think the business is "fully de-risked" (because they're told that to justify the 0.0x-percent equity slices) and that they're guaranteed to actually get the executive positions they were promised (ha!).