Billions weren’t lucky enough to be born in a class where they COULD afford to save / set aside enough money to invest in startups. The people who struck gold by happening to invest money into startups had to have had capital to begin with (or had to be in a family with capital), and compared to the billions on this planet, those people are in the 10%~1%.
They had no option to “take the risk” in the first place, they had to worry about basic necessities. Meanwhile the people who “get rich” off of start-up investments had a significant amount of wealth to spare after necessities. It’s pretty hard for people who aren’t relatively well-off to even have access to the means to invest, for example most brokerages require you to make a minimum deposit of multiple thousands of dollars to use them, and it’s not even close to the amount that you actually need to realistically make meaningful money unless you’re unbelievably lucky and get the next Tesla or something.
They took a risk and millions took risks in millions of other stocks and failed. So yea it’s luck.
Billions didn’t take any risks by not investing in startups. That’s a zero chance, everyone else is a non zero chance.
Billions weren’t lucky enough to be born in a class where they COULD afford to save / set aside enough money to invest in startups. The people who struck gold by happening to invest money into startups had to have had capital to begin with (or had to be in a family with capital), and compared to the billions on this planet, those people are in the 10%~1%.
They had no option to “take the risk” in the first place, they had to worry about basic necessities. Meanwhile the people who “get rich” off of start-up investments had a significant amount of wealth to spare after necessities. It’s pretty hard for people who aren’t relatively well-off to even have access to the means to invest, for example most brokerages require you to make a minimum deposit of multiple thousands of dollars to use them, and it’s not even close to the amount that you actually need to realistically make meaningful money unless you’re unbelievably lucky and get the next Tesla or something.
You’re assuming you can only invest if you’re born into money. This is not a binary