Before I dropped out of college I started spending a lot of time with a handful of “startup people.” We talked a lot about starting companies and were all pretty terrible students. I’m now the only one who isn’t independently wealthy. Almost all were millionaires by 30.
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Importantly, I don’t think any sane adult would have predicted that at the time. Generally speaking our parents and professors thought we were ne’er do wells
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That frictionlessness is also cause for stratification, or at least a threat. Everything can go to it's conclusion so fast. Unless there is some argument that the lack of friction in the economy applies more so towards organization rather than entropy.
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Isn't churn and dynamism *lower* today? Perhaps it's lower on average but fatter tailed? (Larger share of multimillion dollar companies)
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Completely agree. Easier now then ever. People need to believe (in themselves).
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*we need to believe in ourselves
End of conversation
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