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by Iftheshoefits
4267 days ago
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The number of people whose "luck and connections" come from "skill and execution" is smaller than the number whose "luck and connections" come by accident of birth. This is true no matter where one lives, or how one wants to leverage his own skills. |
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There's obviously a certain level of "accident of birth", you have a much better chance if you were born in a developed country, one where you can go to university, etc. But if we standardise at say pool of CS graduates from good universities it's certainly a much more level playing field.
If we take what's probably the most important relationship in the startup world, that of co-founders, most co-founders meet each other through work, actively seeking through professional networks or university. There's very few co-founders who met through family connections.
Similarly for investors, investors will take a recommendation from one of their portfolio founders who've worked with someone much more seriously than that from a family friend who just knows someone socially.