Re:Silicon Valley's best kept secret: Founder liquidity
by dayvid on Wednesday June 12, 2024 @03:38PM
(#40662101)
Would be interesting to see average founder who can fundraise large amounts and family income. Iād imagine they tend to come from higher income backgrounds, though could be wrong.
Re:Silicon Valley's best kept secret: Founder liquidity
by Matticus_Rex on Wednesday June 12, 2024 @04:22PM
(#40662644)
I'm sure the wealthy are overrepresented, whether or not they got financial help from their families while starting/building the business. But there's a long gap between "being rich makes it more likely to succeed" and "most people who succeed are rich."
Re:Silicon Valley's best kept secret: Founder liquidity
by fragmede on Wednesday June 12, 2024 @11:49PM
(#40665760)
the number of people reading this whom are that rich is probably higher than you think, and lower than I think. sure it's a minority, but how many people do you know with apple vision pros vs how many got sold.
Re:Silicon Valley's best kept secret: Founder liquidity
by fragmede on Thursday June 13, 2024 @01:17AM
(#40666188)
my goal isn't that someone who is in that position reads this. as you said, they're a small minority. they already know this. but people who aren't in that position might want to know how the world is shaped for other people
But they're a small minority. Not that many people meet your description here.