Here's the problem: most technology entrepreneurs could, with a couple years' training, do the VCs' jobs as well as they do. The only thing they lack is the con

Here's the problem: most technology entrepreneurs could, with a couple years' training, do the VCs' jobs as well as they do. The only thing they lack is the connections necessary to get the job. Yet VCs hold the cards, and the reason for this is that they have rare social resources, which are (unfortunately) valued more highly than talent. I'm not disparaging VCs as a class. Some of them are great, but I'm a 26-year-old with no MBA and know for a fact that I'd be a better candidate for an entry-level VC position than 95% of the people getting them (because I've worked on Wall Street and know some of these people).