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Having graduated Harvard myself with substantial student loans and no parental financial support, and knowing many others like myself, I think your generalizati
by pge 9y ago
Having graduated Harvard myself with substantial student loans and no parental financial support, and knowing many others like myself, I think your generalization is off the mark. I would look at a different advantage, which is social capital rather than financial capital. VCs and other relevant players in the tech ecosystem also come from the same schools. If there is an advantagr, I think it is more likely through that network than that the entrepreneurs were rich enough to have a financial safety net (though that is certainly possible too - there may be a further selection of graduates that,those that were wealthy became entrepreneurs but I would think that effect would be less tied to school than social capital)