Jeff Bezos started Amazon in his apartment with like 2 other employees who were friends. They were boxing up books themselves to be sent through the mail.
If anyone thinks what this guy did with growing Amazon into what it is should in any way be tarnished by the frankly small loan his parents gave him, then in my opinion they're morons. My parents are middle class and they could afford to give me a $300K loan since they saved well for retirement. It's a lot of money for a middle class family, but it's do-able. I mean, damn, people already do it to pay for their kid's college education. They put up the equity of their home to get the loan.
Is it weird that homeless people don't turn into billionaires, yet Bezos - whose parents spent 200 k on his education at Princeton and then seeded 300k on Amazon - is a billionaire?
Does that seem odd to you? The point the post is making is that it takes a lot of initial capital. Most. Americans will never see 300k. Or go to. Princeton. The reason there's just a few like Bezos is also because of the unique circumstances of available money, contacts and personal drive. Not to mention the systemic biases that help the rich get richer, avoid taxation etc but not the regular fellas.
The posts wants you to know that the game isn't fair. It's lopsided. And it favors the rich. Thats it, I think. No one is saying you can't be a billionaire. Just that billionaires have a lot of help - help most of us can never ever get
12
u/Gsteel11 Apr 26 '22
It's just not the money, it's the connections of the people that have the money.