Literally 99% of white, male, nerds don't fit this description. Every day in Silicon Valley people show favoritism to individuals that, for purely economic reasons, got into Stanford or Harvard.
Investors that went to Stanford invest in founders that went to Stanford because their own investors (LPs) that also went to Stanford will favor them.
This is literally racist because it's a bias against socioeconomically disadvantaged people, of which people of color are disproportionately represented. And yet, this bias is openly accepted in Silicon Valley and even celebrated!
Looking at most investor bio pages, you would think the 99% would have almost nothing to contribute: https://www.ycombinator.com/people/
The 99% need to start a social movement in Silicon Valley to reform it into the semi-utopian meritocracy we all wish it was. We should demand an end to socioeconomic discrimination, which will enable people of all walks of life to lift themselves out of the shadows, turning Silicon Valley into the cross section of society it rightfully ought to be.
We should be calling for investors, universities, and companies in Silicon Valley to move to blind admissions and interview processes, and an end to all forms of "culture" testing.
We should call for #EqualOpportunity.
Saying "just start a company" is burying your head in the sand and ignoring the problem since many can't just start a company if it requires capital investment.