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by raziel2p 479 days ago
> Grok suggests around 15% of US adults are involved in starting or running new businesses, based on recent data. This makes it sound like much of the people in the 10% are there because they started with most of the stock of the companies they created.

.. or those that own stocks are more likely to be in a position to start a company.

one of these possibilities seems more likely than the other if you ask me.

1 comments

> .. or those that own stocks are more likely to be in a position to start a company.

probably. So I guess the real debate is inheritance vs self-made and whether inheritance is good or bad.

don't fall into the trap of limiting the argument to inheritance, there are far more benefits to being born into a wealthy family.
Agreed. Let's include family benefits in inheritance. What is the percentage of Billionaires that inherited/were born in wealthy families compared to the completely self - made ones, and I think we should nuance that with the time they became wealthy as it feels like many made it recently, as suggested by the fact that a new billionaire was minted every 17 hours in 2021.