Glossary
Jiang’s analogy for Harvard/Yale admissions: a portfolio seeking rare enormous upside rather than broad moderate success.
Topic brief
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venture capital firm
Jiang’s analogy for Harvard/Yale admissions: a portfolio seeking rare enormous upside rather than broad moderate success.
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Key Notes
Timestamped Evidence
Transcript
"...okay? All right. So, Harvard is, first and foremost, a venture capital firm, okay? Your investment firm. So, let's pretend you're a venture capitalist,..."
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"So, option one is, low risk, really good plan, solid returns, $500,000 a year, okay? Option two is, concept, vague idea, I have absolutely..."
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"We forget everyone else. Okay? That's the Harvard mentality. And that's why they're the most famous university in the world, because they're looking to..."
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"...that make sense? That's how they think, because they're a venture capital firm. They're looking for the riskiest investment with the best possible return...."
Relevant Lectures And Readings
Reading
The lecture turns meritocracy from a school virtue into a trauma machine: Harvard invents selection as power preservation, Yale trains insecurity as ambition, and the winners become actors who can promise goodness while serving...
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