> how many startups do receive way, way more than that and fail? This is not the right way to look at it. In a competitive market obviously only a few, or one

> how many startups do receive way, way more than that and fail? This is not the right way to look at it. In a competitive market obviously only a few, or one will survive. The point is, how many "rags to riches" startup can you think of? The ones with founders who did not have a safety net. The 600k (or 300k in 94) is immaterial, he could have also done it with zero capital. What matters is he was able to take risks because of his family's safety net. He would never be homeless if he failed. The risks he could take were very different than one who refinanced their home to fund their startup.