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Last time I checked, many tech billionaires did not take huge risks. Zuck and Gates were already at Harvard, and they could always return there if FB/Microsoft
by tylerhou 8y ago
Last time I checked, many tech billionaires did not take huge risks. Zuck and Gates were already at Harvard, and they could always return there if FB/Microsoft failed (with upper-middle class families to fund their education). Page and Brin were similarly Ph.D candidates at Stanford. They almost certainly would not have died/faced destitution if Google had failed.
If your startup failing really meant death or destitution, why don’t we ever hear about the high death rates of YC founders who fail (or startup founders in general)?
- Ar-Curunir 8y agoBecause all those people had enough built-up privilege to not have to suffer dire consequences. That's not an option for most folks...