They would have clicked on the 'Startup Founder' link instead.
Or later, they could click on the 'Investor' link
...and the would have never be taken seriously. Social/family connections were crucial to them.
...as well as millions of other non-graduates you never heard of, with good reason. For any random field, it is easy to pick outliers. The question is, what matters more to you - rejecting a few false negatives or a lot more false positives.
In startups, nearly all the value is in the outliers. Black swan farming beats conservative strategies with even one success in a decade.
That strategy is favored by, and makes sense for Silicon Valley VCs. I could be wrong, but I think France is mostly concerned about creating jobs and advancing its tech industry as a whole rather than chasing unicorns.