Re:What if incomes grew like GDP?
by jedberg on Wednesday December 23, 2020 @01:13AM
(#25514927)
Gates, Zuckerberg, Bezos, and Musk were all in the top 1% before they started their companies. Jobs's family was middle class, but well off enough to own a house with an empty garage and enough money to get him started. They also fed, housed, and clothed him while he started his company.
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Re:What if incomes grew like GDP?
by missedthecue on Wednesday December 23, 2020 @01:20AM
(#25514971)
Point is, hundreds of millions of people have access to a garage, food, and clothing, yet cannot mirror the success that these men have achieved.
That's not the point at all. The point is that starting a company was not a risk for these men, because they would be just fine if they failed.
And I think you're way off with that hundreds of millions number. I doubt there are that many people that can fully support their adult children, including footing the bill for all startup costs.