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That's all good and well. But there's no denying that startup founders, on average, come from families wealthier than average. The causation is probably imposs
by matt4077 10y ago
That's all good and well. But there's no denying that startup founders, on average, come from families wealthier than average.
The causation is probably impossible to ever fully understand, but it appears plausible that part of the "risk-taking" involves the risks simply being smaller: maybe they simply gave you money, or you inherited it. Or they have contacts to fall back on to quickly get you a job. Or you're less likely to fail because you could afford the education that only dad's law practice can buy (in the US). Whatever it is, you're less likely to end up homeless.
Even if they were just better parents and taught you the merits risk-taking, the ultimate cause of your success is still something no person has control over – who you were born to. That's the antithesis of a meritocracy.