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Comment on Heirs to Old Money Plunge Into Techparent

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> People with good ideas and small inheritances are more likely to work for others since they lack the safety net.

This doesn't seem to be the case historically. AFAIK, the vast majority of successful entrepreneurs in the valley came from middle class backgrounds.

Counterpoint: I'm only working on something other than my own ideas because I don't have the capital/savings backing to just chuck down a few hundred to incorporate and start raising capital, all the while paying rent and buying food.

I ask this honestly because you seem like a sharp guy and I'm genuinely curious: what's stopping you from working a dev job for 6-12 months, saving 2-3k/month of a 8-10k/month paycheck, and then starting your own thing when you have 6-12 months of personal runway in the bank?

I re-iterate that this is not meant to be snarky, but I meet several people who express this idea and many of them seem to be stuck in local optima that can be easily escaped with a little persistence.

Edit: a bit of nuance. I know most people in the world can't easily get 8-10k/mo salaries. But talented developers in the US (or willing to work remotely) can. I don't mean to be insensitive to people with more constrained opportunities.

>a bit of nuance. I know most people in the world can't easily get 8-10k/mo salaries. But talented developers in the US (or willing to work remotely) can.

No, we can't, if we don't live in Silicon Valley. I would call myself "talented", but the highest salary offer I've ever received was $87k/year. The lowest was around $72k/year. The average was around $80k/year.

Mind, most of these offers sounded better once you factored in things like stock options, working for a start-up, or really nice health insurance with stock options, but still. Outside of Silicon Valley, it's not at all routine to earn $120k/year as a programmer, even a reasonably good one.

EDIT: and I don't live in some Hicksville, either. I live in Massachusetts.

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