Leo Polovets
Investor at Humba Ventures
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Investor at Humba Ventures who also writes the CodingVC blog.
Leo Polovets @lpolovets
Sure, some founders come from MIT/etc, but that's very different from "born into a billionaire family" pedigree that's not merit-based. You can go to a top school if you are smart and hard-working. MIT has a 4% acceptance rate. Being born into a billionaire family is 1 in ~100k.
Aug 1, 2026 Β· β₯ 6
Leo Polovets @lpolovets
The fact that you can raise tens or hundreds of millions in your *early twenties* is a case in point. Where else will an ecosystem put that much faith into someone's ability and demonstrated execution so far?
Aug 1, 2026 Β· β₯ 5
Leo Polovets @lpolovets
This clip is getting a lot of flak. "SF isn't a meritocracy LOL" "pedigree is everything" I disagree. SF's meritocracy is like democracy: flawed, but WAY better than anywhere else. So many successful people started with nothing, and the SF tech scene offered them a real shot. https://t.co/Tix46b5QVh
Aug 1, 2026 Β· β₯ 33 Β· β 3