I believe that this is missing a lot of nuances. Just because you have a safety net doesn’t automatically make you more risk-averse. Going to a relatively poor

I believe that this is missing a lot of nuances. Just because you have a safety net doesn’t automatically make you more risk-averse. Going to a relatively poor school where teachers were literally getting beat up and then heading to Berkeley it was sort of a shock psychological. Furthermore, having to pay myself through college with no social safety net was one thing but the feelings of being an outsider, having constant imposter syndrome to having a good job, and feeling somewhat removed from other founders in that regard sticks with you. It is also hard to really think about startup and yourself when you may be the lifeline for your parents if they need money. A safe job does provides that. This may be the biggest challenge I had to overcome to going on my own. When a person from a comfortable upbringing decides to strike on their own they are really not beholden to others, someone who is poorer has a whole social net that they may have to consider before going out. Furthermore, try getting a loan with no one else underwriting you, it is next to impossible. So the answer is, no, having $10k in the bank doesn’t automatically make you more likely to start a company because there is both a psychological and sociological aspect of poverty that lingers long after one has left it.