I'd agree, although refine your criticism further: it's not so much a tautology as that "success in SV" selects for "people who appeal to VCs" which may or may

I'd agree, although refine your criticism further: it's not so much a tautology as that "success in SV" selects for "people who appeal to VCs" which may or may not have anything to do with any other forms of merit (like the intelligence or technical merit people love to claim as being the underpinnings of "meritocracy".