

I don’t have a good business idea, not everyone has to. That’s not even what we’re talking about.
VC is clearly not “a joke”. All you have to do is Google “major companies that took VC funding” to see the impact of it. Of course this leaves out the thousands of others that failed, but long term the winners are going to have a very positive impact on driving innovation.
You may say “those companies would have succeeded anyway” and maybe so, but I doubt it would have happened nearly as fast, if at all.
This is interesting to me though. Didn’t most people (at least in developed countries) take tests in school? Get grades? I would think if you did below average on those you kind of…should know that you’re in the bottom half?
I get that it’s possible to make changes after schooling, and grades are only somewhat reliable (in that they also rely on effort) but still.