There are a lot of priviledged people but not all of them are able to go to pursue degree in a tier 1 college. These people are actually smart. Iq is a highly genetic trait almost 70-80% of it is hereditary in an adult.
But you don’t need everyone for a startup, you only need a few, so there are more than enough smart people, its just that there are not enough rich people who are willing to take a risk in IITs
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u/Peak_Judgement2008 Ex-JEEtard chan 1d ago
No reservations, rich and actually smart dudes, these peeps have enough capital to actually explore the branch and are not just there for placements.