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Having a safety net is what people mean when they say you have to be rich to found a startup. If you have a place you can always go if things go south, then you are "rich", even if you personally struggle to pay rent on a regular basis.

I was poor in college like a lot of people, but I had a stable family I could rely on. I knew people who didn't have that, and they had to make very different decisions than I did. I didn't have much money in my bank account, but I was rich compared to many of my peers. No matter how badly things went for me, there was no scenario that would have left me homeless or hungry.

If PG's only point is "you don't literally need a six-figure salary to found a startup" then he's arguing against a strawman.




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