The Internet offers great opportunities to create connections without the need of a physical presence. There lies a great opportunity to disrupt a system that isn't very efficient at all.
I didn't mean to imply that it was the only way to to create connections, just those of a certain type (and among a membership of certain power structures). The Internet is indeed creating alternative methods of networking and business relationships, but it remains to be seen whether the opportunity gathers enough power to disrupt to an appreciable (historically significant, to me) amount. A bunch of Yale and CMU people at the tops of Internet companies isn't much of a change, after all.
I completely agreed with you (but upvotes are anonymous... ;) and didn't think you implied that - I just wanted to add that the Internet could represent a great opportunity to disrupt the exclusivity of certain mechanisms - even if that's not easy, and not the case yet.