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A comment on How to Start a Startup – Lecture 14: How to Operate. Parent comment

Re:How to Start a Startup – Lecture 14: How to Operate by petercooper on Friday November 07, 2014 @04:16AM (#8571738)
I'm sure there are plenty of Americans with wealthier or more connected families

Sure, but only about 5%. The median salary for a dentist and a psychiatrist adds up to $333,000 which is the 95% percentile for household income today. A verrry long way from average.

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Re:How to Start a Startup – Lecture 14: How to Operate by Retric on Friday November 07, 2014 @10:12AM (#8572819)
333k is well above most people in the top 5%. Just $166,200 = top 5%. 250K = Top 1.5%

So, really we are talking about the top 1%.

http://en.wikipedia.org/wiki/Affluence_in_the_United_States

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