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by mathattack
4586 days ago
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I think it's fair to start with, "No industries or geographies are pure meritocracies." Then it's worth asking, "Where does Silicon Valley fit in the spectrum?" Is it more or less meritocratic than teaching? Being an actuary? A politician? A banker? A lawyer? Advertising? Writing? I don't know all of the answers, but my impression is the market forces on startups (Can you get funding? Can you get customers?) at least pushes them towards being meritocratic. Software also is more binary than fields like writing. The program does have to compile and work. But is it a pure meritocracy? I doubt it. |
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In my (limited) experience, among successful founders and investors -- the "trend setters" of startup culture -- there is a widely held notion that anyone with a computer, a good brain, a decent idea, a little bit of luck and the gumption to do some hard work can build a billion dollar company. The author is suggesting that this is not true.