I
t’s comforting to believe that the world of venture funding is a meritocracy.
It’s comforting to believe that a founder has a good idea, pitches successfully and gets money from a VC to turn said idea into a business.
But of course, in reality, there are many more complicating factors. Some founders have strategic advantages — perhaps they already know funders, or they know how to appeal to funders by speaking the language of venture capital.
Image: At a Vinetta Project event in D.C. in September 2015. (Photo by Micah Gold/Vinetta via Facebook)
