I think the modal background for VC is still someone who came over from an investment bank, and your statement doesn't really characterize their hiring. Investment banks don't hire suits. They hire kids. They hire smart kids from Harvard and Wharton, increasingly those with nerdier backgrounds, but ultimately kids who don't know anything. Then they impart unto these kids their incredible institutional experience with financial analysis. And from there, those kids go forth and become VCs and PE guys and HF guys and CFOs, but they take with them a singular focus on financial analysis.

This is why Wall Street hates Apple and loves GE and relegates VC off to the side. And that's also why hyperloop doesn't get funded. Because the people with billions to throw around, which the VCs don't have, can do the financial math to realize that projects like that aren't going to be sufficiently lucrative to justify the enormous risk.