@jwz @vaurora @timbray I keep thinking of how Sequoia Capital, a storied and once serious company, had a profile of Sam Bankman-Fried which mentioned that he was once caught playing video games during a meeting with investors. They *bragged* about it.
That’s not investors looking for a startup with potential. That’s investors thinking, “This guy is just like I was when I was his age,” and assuming therefore that he’ll become rich like them.
Logic aside, that’s also why it’s still a rich boys’ club.