Forbes 30 Under 30 - Venture Capital
New Forbes 30 under 30 just came out. Very weird that they have a separate category just for Venture Capital when that has been one of the worst performing asset classes in the last 12-24 months with very little DPI. A lot of these people are also frankly not that impressive ("Partners" and "Principals" at VC firms which I know doesn't mean anything).
Maybe I am just a jealous, not as high-achieving, PE professional
Forbes 30 under 30 is a complete joke. Most of the people on there get it through PR firms (or internal Pr teams) that have relationships w/ Forbes. There's a running joke that there are more F30U30 people who have gone to prison for fraud than have actually been successful.
These lists are a joke and it’s a liability to be on them (SBF and Elizabeth Holmes, anyone?).
My junior year college roommate was a judge for one of the recent 30 under 30 lists for Business Insider (won’t reveal which year to avoid doxxing him/her). Let’s just say that some of the people who made it to the list were selected based on race as opposed to merit (to make Business Insider look inclusive).
used to work at a VC firm that would just call up the journalists to get their promising founders on 30U30 that year, not a real competition
One of the people on that list featured prominently is an absolute immature child. Born on home plate and raised money from parents who are UHNW and has never had a real job.
Forbes is not doing so hot. They need clicks to put food on the table. VC category taps a small but material niche of these clickers. Many pasty virgins will share this groundbreaking ranking on Discord, Slack, HackerNews, Reddit, etc. Many more budding econ and CS students will fixate on every word on the page, tweaked off IR adderall and drooling.
And next month a few lucky Forbes writers will upgrade from a Prius to a TLX.
Journalism - mankind's highest calling. We both should've went to Tufts.
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