I went to a state school, worked at Amazon and didn’t get a 2300 on my SAT - I definitively am lower caste but the caste/class divergence isn’t well understood in culture I think.
As someone that thinks of myself as a low-caste, middle class American it's interesting seeing all of these people listed in the article making less than me
The problem may not be "intellectually interesting" to them at all, but building B2B SaaS does appeal to them from a lifestyle/prestige/pedigree perspective and will probably get them an exit to become a Venture investor even if they fail.
Major red flag with this should have been that their expensive marketing predicated heavily on them being MIT dropouts instead of any expertise in the space