The existence of some “absolutely insane” highly-skilled, well-trained, well-funded teams in the field doesn’t mean that there aren’t also lots of poorly-qualified teams without the up-front funding for development trying to cash in on all the money sloshing around the field.
True, I'm just saying as someone who's been in the space for several years I've not come across too many of these. I think it's a stereotype that doesn't match with reality - at least from my experience.