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A comment on Entrepreneurs who regret starting businesses. Parent comment

Re:Entrepreneurs who regret starting businesses by czbond on Tuesday April 04, 2023 @10:28AM (#35440214)
Sure - those are some very specific examples. But whatever town you're in, drive around the nice areas. Those $1M-$5M houses with BMW's or etc. Are they gangsters and warlords? No, they're just normal people who tried and took a different path. Some by luck, some by skill, some by experience.

Just as one can't judge a person who's on the streets - one can't judge a wealthy person with such lenses.

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Re:Entrepreneurs who regret starting businesses by wootland on Tuesday April 04, 2023 @11:43AM (#35441471)
The vast majority of those people are middle/upper-middle class people in massive debt. The kind of upper-class Harvard grad that VCs like are most definitely of the old money variety.
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Re:Entrepreneurs who regret starting businesses by ameister14 on Tuesday April 04, 2023 @12:04PM (#35441796)
>The kind of upper-class Harvard grad that VCs like are most definitely of the old money variety.

Do you have any evidence for this?

[edit] Of course, you'll likely be able to find a single case and that's any evidence. So how about is there sufficient evidence to support your conclusion that "old money" is getting all the VC funding?

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Re:Entrepreneurs who regret starting businesses by wootland on Tuesday April 04, 2023 @02:50PM (#35444265)
I don't think there's been research done on generational wealth of funded founders, but there's plenty that shows highly skewed investment patterns:

https://techcrunch.com/2021/08/29/diversifying-startups-and-...

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