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> Imagine how mistaken that would sound if you substitute "startup founders" for "programmers."

Isn't that pretty common among incubators and VCs? It's not the only factor, but for first-time founders, being from Stanford is a large plus when it comes to getting in the door. If you already have a track record then of course they just go by that. But when it's your first company, I don't think the "startup ecosystem" is any less reliant on these kinds of signalling credentials to filter the large volume of people who want funding.




And the vast, vast majority of startups fail.

So.




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