No, but it does mean that at an individual level the difference is not consequential.<p>a16z and Sequoia might be able to pick the winners at a higher rate than other investors, but that advantage only bears itself out with a large N of companies.<p>At the individual case, with a single individual looking for a single job in a single company, the difference between being to pick winners 5% better than the baseline is not consequential, since the expected outcome is still &quot;not a winner&quot;.<p>Some people may be able to pick winners better than others - but the effect is not strong enough to be useful in the micro scale because the odds of success are still very, very low.