Sometimes I wonder if the thing that makes startups possibly the most dynamic modern institution is just because it's the one place in today's world where it's normalized for young people to be in charge of organizations and significant resources.

Used to be that this was the case in governments, big corporations, and academia as well. "Oh yeah, you should make this guy straight out of grad school a professor so I can give him a huge grant"

Maybe there are things to change instead of forcing every undercredentialed person into the same startup-shaped bucket…

It’s hard to deescalate credentialism unilaterally. Like buying IBM, nobody gets in trouble if the former executive PhD with decades of experience doesn’t work out. But it’s hard to justify if the weird bet fails.