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Comment by VirusNewbie

2 years ago

This sounds totally backwards, but I say this as someone who has no personal experience raising money, so maybe you're a VC or a founder?

If someone can get in front of VCs, presumably it doesn't matter if they know a bunch of other rich people from school. I really don't get the sense that VCs are impressed by someone's ability to convince some nepo hedge fund manager to invest a few million.

I think they're impressed by business accumen combined with technical chops. If you want to bootstrap, then yeah, maybe a school with the most amount of money matters so you can get a huge seed round.

But you think people with strong ideas and impressive technical backgrounds who get in front of VCs are going to be less impressive by less technical people who rub shoulders with finance bros?

Certainly Harvard/Yale is a good choice if you're going into medicine, law, or I dunno, maybe banking? But tech? I wouldn't think it's a top choice at all.

I'm neither VC or founder, what I wrote just bases on assumptions. It definitely helps my arguments I think that successful tech founders have went to Harvard, like Paul Graham, Bill Gates, Nathan Blecharczyk, and Mark Zuckerberg.