Agreed, and as I wrote, some of book smarts are literally the smartest people in the world. These are the guys that save people’s lives and cure diseases. ‘Book smart’ will trump ‘street smart’ in many lines of work, especially in academic heavy roles.
My point is merely that to be a successful startup, you need the to be streetwise. Of course, being educated, or knowledgable helps, the two go hand in hand.