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A comment on We’re all paying for someone else’s 4-hour work week, not ours. Parent comment

Re:We’re all paying for someone else’s 4-hour work week, not... by czbond on Monday June 07, 2021 @09:37AM (#27422430)
I disagree - I know many founders - and all of them were broke, broke, broke (and went broke to bootstrap). Yes, some subset of founders have parental backing - and that's fine. They're at a different wealth level trying to increase their wealth.

Founders I know (including myself): - One worked years on the side to grow it enough just to get seed. With newborn kids, then quit his CompSci job to live off his teachers wife salary for years. - One was on foodstamps for 6 years, and kids on medicaid to pull his shop through - One saved for years, and spent most of his money to get through the rough spots and is coming out the other side just now. - One failed 4 times - each attempt taking a few years, entered bankruptcy to try on a 5th attempt. - One lived at poverty means for years with a family while bootstrapping.

So.... there is a lot of "entrepreneurship is easy pr0n" as viewed from Silicon Valley. But if you're rich - it's easier to just sit back and be rich. So only a small group do. The rest of us are just trying to create something with little resources in the rest of the country/world.

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Re:We’re all paying for someone else’s 4-hour work week, not... by birksherty on Monday June 07, 2021 @10:25AM (#27422987)
Utill we know the complete story, it's still privileged. People who have family to support them in case of a failure or connections. Most people can't do that. Most rich people are themselves as struggling while exploiting others.
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Re:We’re all paying for someone else’s 4-hour work week, not... by cpncrunch on Monday June 07, 2021 @10:43AM (#27423198)
For me it was working on a part-time hobby while working full time, and that eventually turned into a full-time business. So I didn't need any support or connections or anything like that. I never had any funding.
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