What I meant is that yes, good ideas will get funding, if they like you and if you are a good ROI (though, not all are required). This also may allow you to enter the clique/network. However, a lot of this money circulates between the same network. Convincing the right person of the value of your idea can enable you to join the network and access that money at a much, much lower threshold later on.

Obviously, it is not that cut and dry, but it is kind of impressive how much of the money circulating around is between the same people. I’m not really condemning it. I think it is a natural consequence because humans trust other humans they know. People should be more aware of it and need to make sure they keep it in check. Otherwise, you eventually start getting high on your own supply.