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Sure, some people have the opportunity/time/money to run an unprofitable startup for awhile and some people don't. Wealthy people can try again when their firs
by elihu 9y ago
Sure, some people have the opportunity/time/money to run an unprofitable startup for awhile and some people don't. Wealthy people can try again when their first idea doesn't take off. They also generally don't have to sell as much equity (especially in the early stages) as a middle-class person would.
Still, starting businesses is something that people (who have at least some amount of free time and spare money) do, and it's usually desirable for those involved that they succeed rather than fail. Talking about startup strategy is a useful endeavor for anyone interested in such things, and that isn't exclusively wealthy people. Plenty of rich people try to start businesses that fail, and many don't have any interest in running a startup.
I wish there were more opportunities for people who aren't from at least middle-class backgrounds to succeed in these kinds of things, but unfortunately that's not how society is currently structured. I think wider access to healthcare, education, food, and affordable housing would help.