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Re:Founder lived in a nursing home for 3 months to get his s... by Xylakant on Monday February 19, 2018 @02:49AM (#16411398)
You’re inadvertently making the parents posters point. The reason why most founders stem from a demographic that allows them to either find a solid paying job or fall back on (parents, spouses, ...) financial support is that he current way of doing startups selects harshly for exactly this. No one else can afford that risk and gamble. If you’re single, your startup fails and you have to move in to your parents place for a while, that’s tough luck. If you have a family, a few kids and maybe parents that rely on your financial support, a single dry month without income may spell disaster.

The current way of doing things self-selects for types willing to put in crazy hours and with access to money.

Re:Founder lived in a nursing home for 3 months to get his s... by eni on Monday February 19, 2018 @04:38AM (#16411813)
Very good observations. I think it partly explains why innovation is so hard in places where people live hand to mouth. It is simply excludes those demographics from participating in innovation and changing status quo.
Re:Founder lived in a nursing home for 3 months to get his s... by ikurei on Monday February 19, 2018 @04:43AM (#16411836)
This just in: having kids reduces your life-maneuverability, precluding you from embarking in some kinds of projects! :P

> If you have a family, a few kids and maybe parents that rely on your financial support, a single dry month without income may spell disaster.

Sounds like you are asking for all companies to be stable and reliable sources of income. That wouldn't make any sense.

I actually agree with a lot of what you're saying. I'm working at a non-SV start up, and we've made many efforts to create a "normal" work environment: paying everyone at least enough to stay alive and out of debt, leaving at 5 and trying to reduce the ammount of extra-time people have to put in...

But we also realize the ways in which this is limits us, and I totally understand that when someone needs a breakthrough innovation or to fix a very hard problem, extraordinary sacrifices may have to be made. I know other startups working in the more SV/crunch style and honestly it probably makes sense for them.

Being willing to go this far for what you believe (or may be for the money you expect to make) has value.

Being able to go this far of course is very dependent on your lot in life (which is something we should work against, with a social safety net that enables people from all wealth levels), and also on the decisions you made before (like having kids; which I don't know we can be doing all that much about).

(I hope I made any sense, mondays are bad for my english-writing skills.)

Re:Founder lived in a nursing home for 3 months to get his s... by samolang on Monday February 19, 2018 @04:23AM (#16411759)
> The current way of doing things

Is there a realistic alternative? Sure, universal basic income eventually, but that's not practical at the moment.

Re:Founder lived in a nursing home for 3 months to get his s... by eni on Monday February 19, 2018 @04:44AM (#16411840)
Is there a realistic alternative?

I read a lot on entrepreneurship during 19th century and early 20th century US. My limited understanding: in those days entrepreneurs came from much wider range of demographics. In other words, entry barriers were much less during those days.

Re:Founder lived in a nursing home for 3 months to get his s... by samolang on Monday February 19, 2018 @05:40AM (#16412051)
I mean many people start bodegas, restaurants, etc. I imagine that's more akin to 19th century entrepreneurship and still is by far the most prevalent form of entrepreneurship today (only like 1.3% of businesses are created in the Bay area and 1.1% of the population lives there).
Re:Founder lived in a nursing home for 3 months to get his s... by eecc on Monday February 19, 2018 @01:42PM (#16414711)
Scandinavian countries? Entrepreneurship thrives when you can afford to try without risking absolutely everything.

See: https://www.inc.com/magazine/20110201/in-norway-start-ups-sa...