I don’t understand this ‘wealthy people can take the risk’ meme. It applies to fine artists, but startups often have some sort of funding. If you have funding

I don’t understand this ‘wealthy people can take the risk’ meme. It applies to fine artists, but startups often have some sort of funding. If you have funding, your personal risk is mitigated quite a bit. I don’t see why you would have to be independently wealthy to do a startup. If you do a side project or consulting work, you can generally get started in your free time and migrate to it full time when it is already profitable. Still don’t see how this is an unacceptable level of risk. If you don’t have the ability to code or raise money, then you wouldn’t be even in the discussion about Silicon Valley optimism. So … Where does this idea come from?