This is a horrifically dumb take even for
@BiotechMongoose.
Even when the odds are long, and not in your favor, these awards matter. They give young scientists ambitious, almost impossible goals to aim for. Their impact is not only on the few people who win, but on everyone who stretches toward that standard, pushing science forward. When these opportunities disappear, so do the aspirations they inspire.
Counterpoint: it, like virtually all the early-independence awards, is biased toward the well-connected and the exceptionally lucky, and more importantly, the people it goes to weren't going to leave biosci because they were already virtually all anointed.