Who first emigrated to Canada, where he attended Canada's most prestigious business school for two years before transferring to the United States' most prestigious business school.
> Peter Thiel was a German-born lawyer trading derivatives at Credit Suisse
After which he ran his own hedge fund for two years, then co-founded PayPal.
These guys certainly had more merit than many people, but to hold them up as people who succeeded with merit over connections is silly.
That still seems like a boundary value at one end of the personal merit vs. connections continuum of drivers of success, as contrasted with the other end of the continuum, which we might define as being a VP at JP Morgan because your dad is on the politburo standing committee of the PRC.
E.g. let's say we both decide to create competitor to Yelp. We both are smart, driven and we will produce a high quality, spam free alternative to Yelp. However, we need funding to achieve this goal. We both went to school with someone who is now partner at VC firm. But I was his very good friend v/s you, who was just a classmate to him. He is very well aware that both of us are smart, hard working individuals. Who do you think is he going to fund? Do you think it's un-meritocratic for him to pick me over you?
Life is not black and white, it has five million shades of grey. We do not have perfect solutions for everything but rather a 'best solution' for the situation at end.
I believe that Silicon Valley is the most (not pure) meritocratic place on earth.
This is similar to the debate of capitalism. Capitalism is not perfect, it has many problems. But compared to all the other alternatives human race have tried (socialism, anarchism, communism), it is the best option.
[edit] Wow, those comments. Lewis' Law in action... maybe I should have linked somewhere else.
"the comments on any article about feminism justify feminism"
http://en.wikipedia.org/wiki/Helen_Lewis_(journalist)#Lewis....
The rug is really cute. I hadn't seen it before; I wish they'd kept it.
Such recommendations, on average, might be even better than job interviews as a way to find talent.
And who is actually saying that Silicon Valley is a meritocracy?
[ I did noticed, that VCs and especially incubators will sometimes say that "connections didn't matter" and they only "invest based on meritocracy" because they want show to others (the next people in chain of investment) that they always fund "best of the best". But VCs and incubators are investors so why to take their view of society as correct? ]