Real answer: Be born into a socioeconomically well-off family...
Our socioeconomic status contributes a lot to our future success. Having good ideas and hard work only matters if you have access to opportunities and resources. #inequalityhttps://twitter.com/paulg/status/1109897564973871106 …
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Successful startups are already rare, and I'm pretty sure the startups we or YC sees and ones that end up successful are definitely biased toward the population that's socioeconomically well off. I'm happy to see substantive data to the contrary.
How much do you weight founders' socioeconomic status when making investment decisions at Dell Capital?
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Paul- Such biases are typically expressed through proxy variables.
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Sure, but if he thinks it's one of the most important predictors of success, surely as a professional investor he'd consider it explicitly as well.
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