[pinky1417]

As a startup founder with wealthy parents, this seems likely. Not only can parental wealth serve as a safety net, but you might also get direct investment from your family, have a safety net if things don’t work out (enabling you to take more risks), not have to exert as much effort taking care of sick, old, etc. family members because you can hire people, get access to powerful family connections, and learn from highly educated parents.

What’s weird to me is that I don’t see more successful founders mentioning that having economically well-off parents being a factor in their success. I’ve long since accepted that any success I’ve had or will have will be, at least partially, a result of my privileged upbringing. I used to be a bit bothered by that, but now I’m happy to give tons of credit for any of my own successes to my parents. And anytime I hear about startup founders achieving success despite coming from poorer families or even hostile environments, I’m super impressed.

[steve1977]

I think it's a very common thing with success that people want to attribute it to their skills and not factors such as pure luck.

Might also be a cultural thing, in many societies there are myths of equality and everybody having a chance.

[grawprog]

>What’s weird to me is that I don’t see more successful founders mentioning that having economically well-off parents being a factor in their success.

It's not just people with rich parents. I've noticed people tend to dismiss parental help they get even when it's just a few hundred every once in a while. They don't connect that vacation they just took, was paid for by that Christmas present they got, or that they're able to save because they're living rent free with parents.

It's like people see money from their parents as non-existent and don't count it in as 'extra' money they've received. Meanwhile, they've never actually had absolutely no money, because their parents never let them reach that state.