Also they claim to have done everything for themselves because for some reason they discount the huge loan they got from their parents. Assuming they even have to pay it back.
Even if they hadn’t had a loan, the security that the safety net of knowing that of all goes wrong, you can still go to mommy and daddy and have a perfectly fine life, is massively overlooked. Even here, where people are criticizing all sort of valid problems with his “experiment”, no one mentioned the he knew that he could stop whenever he wanted; so there was never any desperation that massively affect the mental wellbeing of poor people.
Have you ever read that quote comparing doing a startup to playing a game of chance at a carnival? Normal people can afford one or two throws at most, wealthy people can throw as many times as they want.
Find me someone who is a billionaire today and didn’t have a massive loan from parents when they were “starting out.” Everyone I can think of right now received a massive loan during the internet boom, family got them some extremely cushy contracts from businesses connections, or they got fistfuls of jewels from daddy’s apartheid emerald mine.
Must be a coincidence that you named one of the most empathetic billionaires who spends their time actually trying to help others. (He founded cost plus drugs, among other things.)
Also they claim to have done everything for themselves because for some reason they discount the huge loan they got from their parents. Assuming they even have to pay it back.
Even if they hadn’t had a loan, the security that the safety net of knowing that of all goes wrong, you can still go to mommy and daddy and have a perfectly fine life, is massively overlooked. Even here, where people are criticizing all sort of valid problems with his “experiment”, no one mentioned the he knew that he could stop whenever he wanted; so there was never any desperation that massively affect the mental wellbeing of poor people.
Have you ever read that quote comparing doing a startup to playing a game of chance at a carnival? Normal people can afford one or two throws at most, wealthy people can throw as many times as they want.
Find me someone who is a billionaire today and didn’t have a massive loan from parents when they were “starting out.” Everyone I can think of right now received a massive loan during the internet boom, family got them some extremely cushy contracts from businesses connections, or they got fistfuls of jewels from daddy’s apartheid emerald mine.
Mark Cuban.
Must be a coincidence that you named one of the most empathetic billionaires who spends their time actually trying to help others. (He founded cost plus drugs, among other things.)
I watch Shark Tank which led to finding out about Cost Plus Drugs.
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