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While entrepreneurship is absolutely easier for those with access to money and privilege, so is everything. Name one job where access to money and privilege do
by the_watcher 13y ago
While entrepreneurship is absolutely easier for those with access to money and privilege, so is everything. Name one job where access to money and privilege doesn't convey some form of advantage. Also, law, banking, consulting, and most white collar jobs are infinitely more favorable towards those with such access, in that they essentially shut out those without it. Entrepreneurship does not. Even blue collar, union jobs favor those with seniority and access to resources. You've defined a characteristic of life, and only applied it as a negative when discussing startups.
- lmm 13y agoMoney and privilege make everything easier, but the effects are much larger in entrepreneurship. To my eyes it's easier for someone from a poor background to break into law or banking; the path isn't easy but it's defined - you get the grades, get the scholarships and so on, rather than having to persuade individuals to talk to you, to invest in your product. Likewise standardized hiring procedures like you see in large corporations or government are designed to detect or eliminate discrimination, whereas VC deals still often come down to a handshake over beers. Of course other approaches have their own problems, I'm not saying every VC should start implementing a 20-page HR policy. But I think we should be conscious of who our methods are favouring.