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by jcolemorr11 4449 days ago
This. Right here. This. The worst part about it is that even organizations started by the "scrappy" guys are only running after the "ib" types. And the transition seemed very quick.

This article made me wretch because the last thing I want to see is a bunch of silver spoon idiots calling themselves entrepreneurs. I was in a fraternity, which has a high chance of attracting entitled heirs, and it was the dumbest choice I'd ever made. Very very few of them had a shred of originality, ingenuity, or fire...and lacking these traits kept them out of entrepreneurship.

But now...there's an organization that would look at these type of people (high grades, family connections that would count even though no one will admit it, pizaz appearance, etc) and fund them. Yeah this is no challenge to YC. I don't agree with all of their selection processes but at least they look for traction and authenticity.