The usual argument has broken out that yuh-huh and nuh-uh and there will be salvoes of anecdotes screaming into previously-entrenched opinions. The thing is: s

The usual argument has broken out that yuh-huh and nuh-uh and there will be salvoes of anecdotes screaming into previously-entrenched opinions. The thing is: some founders come from privileged backgrounds. They have nothing to fear, so they take big chances. Some come from unprivileged backgrounds. They have nothing to lose, so they take big chances. My guess? Both of these types of people will be over-represented, compared to the general population. In any case, after two clicks, it's possible to read the original paper everyone was hanging their blog posts off at the time: https://www.nber.org/papers/w19276.pdf https://www.nber.org/papers/w19276.pdf The same authors have continued to work on the population characteristics of entrepreneurs: http://faculty.haas.berkeley.edu/ross_levine/Papers/SES_FULL_26042019.pdf http://faculty.haas.berkeley.edu/ross_levine/Papers/SES_FULL...