>If this is true it would really undergird the possibility that the top of the industry is just a bunch of guys who went to the same kinds of schools, universities, and fraternities, and just keep recycling each other over and over. It's not failing-up, it's the glass-floor.
This is true for every major industry and the political class and has been true for decades.
This is true for every major industry and the political class and has been true for decades.