I disagree - I know many founders - and all of them were broke, broke, broke (and went broke to bootstrap). Yes, some subset of founders have parental backing -

I disagree - I know many founders - and all of them were broke, broke, broke (and went broke to bootstrap). Yes, some subset of founders have parental backing - and that's fine. They're at a different wealth level trying to increase their wealth. Founders I know (including myself): - One worked years on the side to grow it enough just to get seed. With newborn kids, then quit his CompSci job to live off his teachers wife salary for years. - One was on foodstamps for 6 years, and kids on medicaid to pull his shop through - One saved for years, and spent most of his money to get through the rough spots and is coming out the other side just now. - One failed 4 times - each attempt taking a few years, entered bankruptcy to try on a 5th attempt. - One lived at poverty means for years with a family while bootstrapping. So.... there is a lot of "entrepreneurship is easy pr0n" as viewed from Silicon Valley. But if you're rich - it's easier to just sit back and be rich. So only a small group do. The rest of us are just trying to create something with little resources in the rest of the country/world.