Amazon builds property empire, quietly buying land across the US

Re:Amazon builds property empire, quietly buying land across... by selcuka on Tuesday June 14, 2022 @08:07PM (#31747619)

> how many startups do receive way, way more than that and fail?

This is not the right way to look at it. In a competitive market obviously only a few, or one will survive.

The point is, how many "rags to riches" startup can you think of? The ones with founders who did not have a safety net. The 600k (or 300k in 94) is immaterial, he could have also done it with zero capital. What matters is he was able to take risks because of his family's safety net. He would never be homeless if he failed.

The risks he could take were very different than one who refinanced their home to fund their startup.

[ Parent | on HN ]

Re:Amazon builds property empire, quietly buying land across... by SnowHill9902 on Tuesday June 14, 2022 @09:07PM (#31747985)

So let him thank his parents. What’s the problem? Are you suggesting that everyone should average down to being poor? Children are an extension of their parents. Genetically and socially.

[ Parent | on HN ]

Re:Amazon builds property empire, quietly buying land across... by selcuka on Wednesday June 15, 2022 @12:09AM (#31749021)

I'm suggesting that ignoring the role of their parents is hypocrisy.

[ Parent | on HN ]