Re:The labor share of income in the US is at its lowest post...
by bluefirebrand on Tuesday June 30, 2026 @06:49PM
(#48740267)
> The question is how many people get $250k from their family and lose it all
I don't think that really matters? The fact that they even had that shot at all is such an incredible opportunity above people whose family simply cannot afford to even try
Re:The labor share of income in the US is at its lowest post...
by WarmWash on Wednesday July 01, 2026 @09:23AM
(#48746346)
But if you have the skill to turn $250k into much more money, anyone with $250k and that knowledge will give it to you.
There are far far more stories of investors giving nascent broke startups money than families.
Re:The labor share of income in the US is at its lowest post...
by grumpy_coder on Tuesday June 30, 2026 @07:37PM
(#48740647)
You have to have access to far more than $250k to be willing to blow that creating a startup.
I may give my kids $250k for a house to live in. I do not have enough for them to yolo it on a dot com startup.
Everyone's life is a mix of skill and luck, so to discredit skill, you would need to quantify the luck. An easy example is a lottery winner, a hard example is a Bezos. Any investor with the foresight to see what Bezos could do with grans money, would jump past her in line and give him triple.