The point is that startup founders don't fit into cookie cutter models.
Some have top-tier resumes, some are drop-outs, some have a huge amount of domain expertise in their field and some are complete newbies. Many are somewhere in between.
It's bad for the startup community to push "founder-stereotype" myths because it discourages people who don't fit the stereotype and that's bad for everyone.
Completely disagree. The founders your talking about will provail no matter what. creativity, passion, inspiration isn't about money. True entrepreneur ship is about exploiting the flaws in the system. System changes and they find new flaws.
Is there evidence to support that accelerators are pre-selecting based on elite backgrounds? It would be really interesting to see YC's % of founders from Ivy league + Stanford over time.
This is not surprising given British history. Culturally there is an overhanging bias towards credentials and elitism, however I get the strong feeling (as an American Co-Founder living in London the past 2 years) that things are definitely moving in the right direction here. Whereas Silicon Valley with its general west-coast counter cultural history is much more accepting but probably moving in the wrong direction as "startups" are mainstreamed and investors are looking for some signal in the noise of all the wannabes.
As usual though, successful founders must find their own way, and if they are dependent on being given a shot by some gatekeeper they probably never had much chance to be a successful entrepreneur anyway.
Some have top-tier resumes, some are drop-outs, some have a huge amount of domain expertise in their field and some are complete newbies. Many are somewhere in between.
It's bad for the startup community to push "founder-stereotype" myths because it discourages people who don't fit the stereotype and that's bad for everyone.