"you didn't make that", [ because your parents took out a home equity loan to invest in a startup that gave them close to a 1 billion times return on their money ] editionhttps://twitter.com/historic_ly/status/1119994355148890112 …
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ⓘ Dogs don't have thumbs Retweeted Historic.ly
"you didn't make that", [ because your parents took out a home equity loan to invest in a startup that gave them close to a 1 billion times return on their money ] editionhttps://twitter.com/historic_ly/status/1119994355148890112 …
ⓘ Dogs don't have thumbs added,
Still the "you didn't build that" types insist that everyone start at the same line. The "it takes a village" tribe decries a village (family over generations) running a relay race that gets their offspring to better starting places sooner.
you think their problem might be with the implication that success doesn't require special resources and collective investment is a scam? and pointing out family support is not to decry it, but as evidence that collective investment works? like, in occam's razor terms?
success doesn't require special resources tho
then what do VCs get paid for
success doesn't REQUIRE special resources some (few) varieties of success are accelerated by vc
i mean, the way gasoline accelerates cars? like, if you're already pointed down a big hill, put her in neutral and god bless, but
I find it amazing the amount of effort some people put in to arguing that hard work can't result in success
i'm surely not saying it doesn't—just that it's very possible to push your car all day and not get very far, no matter how hard you're working
sure, it's POSSIBLE I know - I did exactly that for 14 years but an existence proof that some business models are like that does not prove that special access to resources is required for success
ah, yeah, let me qualify that, because it was too loosely phrased and I'm sorry
if one person in a billion or a thousand or ten can make it big with nothing but their wits, good! it does not follow that underinvestment is not a real problem worth solving, which is precisely the upshot of "what's your excuse?"
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