2 ms·
So in that case he might as well show lottery winners as good role models. He could tell the truth instead about how most startups fail miserably and the found
by scarface_74 3y ago
So in that case he might as well show lottery winners as good role models.
He could tell the truth instead about how most startups fail miserably and the founders see nothing.
Not to mention that the only way this works is if you have parents as a financial back stop.
- noufalibrahim 3y agoYes. I think this is genuinely under emphasised. However, when one's risk tolerance is high, there's a lot to be gained from even a failed startup. There's not much to be gained from repeatedly buying and losing at the lottery.
- scarface_74 3y agoKnowing that worse case you get to go back home to live with mom and dad or ask them for money is not having a “high risk tolerance”
- noufalibrahim 3y agoIt is in a way. I couldn't jump into the startup world because I had financial commitments that necessitated an income. Several of my friends who didn't have that burden started companies.