Re:Is America Inc getting less dynamic, less global and more...
by TheOtherHobbes on Thursday September 16, 2021 @07:59AM
(#28550576)
We can indeed. You left out this part:
After Mike had received his degree from the University of New Mexico, the family moved to Houston, Texas, so that he could begin working as an engineer for Exxon.[22] Jeff Bezos attended River Oaks Elementary School in Houston from fourth to sixth grade.[23] Bezos' maternal grandfather was Lawrence Preston Gise, a regional director of the U.S. Atomic Energy Commission (AEC) in Albuquerque.[24] Gise retired early to his family's ranch near Cotulla, Texas, where Bezos would spend many summers in his youth.[25]
[...] He accepted an estimated $300,000 from his parents and invested in Amazon.[47][51][52] He warned many early investors that there was a 70% chance that Amazon would fail or go bankrupt.
The one thing many CEOs have in common is early access to resources and tinkering opportunities which aren't available to most of the population.
After Mike had received his degree from the University of New Mexico, the family moved to Houston, Texas, so that he could begin working as an engineer for Exxon.[22] Jeff Bezos attended River Oaks Elementary School in Houston from fourth to sixth grade.[23] Bezos' maternal grandfather was Lawrence Preston Gise, a regional director of the U.S. Atomic Energy Commission (AEC) in Albuquerque.[24] Gise retired early to his family's ranch near Cotulla, Texas, where Bezos would spend many summers in his youth.[25]
[...] He accepted an estimated $300,000 from his parents and invested in Amazon.[47][51][52] He warned many early investors that there was a 70% chance that Amazon would fail or go bankrupt.
The one thing many CEOs have in common is early access to resources and tinkering opportunities which aren't available to most of the population.
Which is the exact opposite of your point.