"Just finished university, $100k to invest, what should I do?"
Wait, how does someone who just finished university have $100,000 in the bank? That's a milestone I proudly hit after several years in the workforce with a good job and living very frugally.
Of course, it's people whose parents paid 100% of their expenses (tuition and living) through university, so every penny they earned from internships, co-ops or scholarships went straight into the bank.
Now ask yourself how much easier it is to start a risky company when the first thing greeting you after finishing school is a 6-figure bank balance not $1000+/month of loan repayments.
Who applied themselves
For every entrepreneur that had a shortcut, there are 1,000s of trust fund kids that vegetate
Its not about your struggle, keep applying yourself
The society benefits
Not to undermine their success, but people tend to skip where their success come from, besides brightness. I mean, you can be as bright as possible, but of course if your parents are the first one investing on you (investing cash, I mean) then everything it's a lot easier.
This happens at various levels of course.
I recently had a conversation with an ex-colleague that had just left the company and was considering moving abroad. He said he had some money saved and I was shocked to hear how much he had saved. When I came back home, feeling quite miserable I must admit, I ran the numbers and understood the where the difference in his savings and mine came from: put simply, I had to move from another region of my nation to where I currently live and work, while he's just from here. The difference merely came from not being forced to pay a rent every month and on top of that, saving more money on others things he just didn't have to pay. There's nothing bad about that per se of course, I just felt a bit bitter because I understood that no matter how good or hard I work, that's a privilege gap I will probably never fill.
Privilege is something many people don't realise, and don't realise how big of an impact it makes.