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Tech's diversity crisis: 40% of VCs went to Harvard or Stanford

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Re: Tech's diversity crisis: 40% of VCs went to Harvard or Stanford

#14

Earlier quoted context omitted.

More than any other industry in america

So more than Professional Sports?

Pro sports is a weird one... I follow American football and over the years I've seen various players who by all accounts have the talent, but for whatever reason have short careers, don't get much playing time, etc. I remember watching this running back a few years ago, where every time he got on the field would get 7+ yards at a time, but the team only sporadically put him on the field, let alone gave him the ball. Likewise, there are plenty of players who get on the field because they were a first round draft pick and thus the team has a lot riding on them financially - which may or may not actually pan out. So while yes, professional sports are mostly about merit, I'm not sure we can say that's the only thing at play.

Re: Tech's diversity crisis: 40% of VCs went to Harvard or Stanford

#15

Earlier quoted context omitted.

So more than Professional Sports?

Pro sports is a weird one... I follow American football and over the years I've seen various players who by all accounts have the talent, but for whatever reason have short careers, don't get much playing time, etc. I remember watching this running back a few years ago, where every time he got on the field would get 7+ yards at a time, but the team only sporadically put him on the field, let alone gave him the ball.…

Never said it was. But the implication was that Sports are more meritocratic than Tech. You don't win MVP of your league through Nepotism but you could easily get $20M+ in VC funding that way.

Re: Tech's diversity crisis: 40% of VCs went to Harvard or Stanford

#16
post #11

So the majority of the people trusted with the money went to two of the best schools in the world? And this is surprising how? And news how? And wrong how? Come on, its HARVARD! HARVARD!!!! Seems like the system os working pretty well to me.

Is this a joke? Check any ranking system of "top cs/business" schools and you will see that they are all extremely close with any small change to the weight of the features resulting in different orderings. The only way to explain these stats is that there is some simple-minded tribal behavior that skews the ratio. Not what you want to see from the people trusted with the money.

Re: Tech's diversity crisis: 40% of VCs went to Harvard or Stanford

#17

Earlier quoted context omitted.

More than any other industry in america

So more than Professional Sports?

Moneyball by Michael Lewis says yes.

This is from memory, but baseball scouts historically rely heavily on athletic appearances (what they think a good pitcher, hitter, etc looks like), more than hard stats.

Re: Tech's diversity crisis: 40% of VCs went to Harvard or Stanford

#18

Earlier quoted context omitted.

Pro sports is a weird one... I follow American football and over the years I've seen various players who by all accounts have the talent, but for whatever reason have short careers, don't get much playing time, etc. I remember watching this running back a few years ago, where every time he got on the field would get 7+ yards at a time, but the team only sporadically put him on the field, let alone gave him the ball.…

Never said it was. But the implication was that Sports are more meritocratic than Tech. You don't win MVP of your league through Nepotism but you could easily get $20M+ in VC funding that way.

And likewise, my point wasn't to put words in your mouth, but rather to implicitly agree that nepotism (or something like it) manifests even in something seemingly so merit-oriented as pro sports.

Re: Tech's diversity crisis: 40% of VCs went to Harvard or Stanford

#19

Earlier quoted context omitted.

So more than Professional Sports?

Moneyball by Michael Lewis says yes. This is from memory, but baseball scouts historically rely heavily on athletic appearances (what they think a good pitcher, hitter, etc looks like), more than hard stats.

Yes but that good looking .220 hitter is not going to stick around much with that batting average.

Re: Tech's diversity crisis: 40% of VCs went to Harvard or Stanford

#20
post #16
post #11

So the majority of the people trusted with the money went to two of the best schools in the world? And this is surprising how? And news how? And wrong how? Come on, its HARVARD! HARVARD!!!! Seems like the system os working pretty well to me.

Is this a joke? Check any ranking system of "top cs/business" schools and you will see that they are all extremely close with any small change to the weight of the features resulting in different orderings. The only way to explain these stats is that there is some simple-minded tribal behavior that skews the ratio. Not what you want to see from the people trusted with the money.

> The only way to explain these stats is that there is some simple-minded tribal behavior that skews the ratio.

That seems like a strong conclusion to reach. Is it possible that there's another explanation that just hasn't occurred to you?

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