I agree they won't be living in cardboard boxes but the majority of these business risks end up in failure, with a portion of those ending up with significant d

I agree they won't be living in cardboard boxes but the majority of these business risks end up in failure, with a portion of those ending up with significant debt. This debt can prevent sending kids to college, and being able to purchase a home. Many of these are historically considered attainable by the middle class. It is not so clear whether it is always a good idea to go this route, considering other options. The survivorship bias is strong in this space and it needs to be taken into account.