"Entrepreneurship is like one of those carnival games where you throw darts or something.
Middle class kids can afford one throw. Most miss. A few hit the target and get a small prize. A very few hit the center bullseye and get a bigger prize. Rags to riches! The American Dream lives on.
Rich kids can afford many throws. If they want to, they can try over and over and over again until they hit something and feel good about themselves. Some keep going until they hit the center bullseye, then they give speeches or write blog posts about “meritocracy” and the salutary effects of hard work.
Poor kids aren’t visiting the carnival. They’re the ones working it."
What an awesome comparison.
Yeah that is real nail on the head stuff. The poverty trap is real. I really believe everyone should be poor once in their life for at least a year with no end in sight because many / most who haven’t experienced it don’t have the empathetic capacity to imagine it.
Having the bottom fall out really changes your perspective. Folks need to have empathy and I have a strong sensation that those well off don’t realize that most of us are a few missed paychecks or a medical emergency away from being destitute.
A coworker of mine left to start his own startup. He claimed that the IPO of an old employer gave him a little bit of cushion to work with, and he was going to take his shot. I wished him well. It was a crazy dumb app idea. But you never know.
I do remember thinking “gee and he just had a baby too, what a time to take a risk.” I later learned that he had married old money. The second he had a kid with her, he couldn’t lose.
In addition to the multiple throws, and in addition to the direct nepotistic help, there is also just the osmosis effect. How many people would give their right arm to get basic mentoring from Bill Gates? Just knowing someone who’s succeeded at something gives you a massive cultural window into that thing and how to nail it. This kid is delusional. If she wants to do something totally on her own she should be a movie director or race car driver or flower arranger. What’s that? Starting up a tech company? Ohh… how original.
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With what money did she start the business then? Get the F out of here with that crap. Also, so original, going into AI like everyone else.
And the “connections” which is just fancy-speak for “rich friends.”
Same way daddy did it
If she wanted to do this she’d change her name and disavow her inheritence.
well, there’s a website I’m never going back to. that layout is just offensive. and this is after after dismissing the cookies popup
Homie do you rawdog the internet without an adblocker??
I haven’t set up a browser adblocker on that computer, as I’ve never really found the need. pihole usually takes care of everything well enough
Phoebe Gates wants her $185 million AI startup to succeed with ‘no ties to my privilege or my last name’
But you have no problem with the $35 million they gave you? That’s part of your privilege. You say you want to succeed without it while stuffing your pockets with it.
Stephen King’s child at least doesn’t write under the name “King” to avoid nepotism. I can’t read the actual paid article because just going off headlines is apparently OK here, but it doesn’t seem like she’s trying.
Her chip on her shoulder is a tiny one she blows out of proportion, like so many “problems” of the uber-wealthy.
Joe Hill is quite good.
The first time I had a friend reccomend him, I gave them a funny look, thinking they were talking about Joe Hill the musician and labor organizer XD
Edit: I’m sick of people mentioning musicians without songs; here’s Preacher and the Slave, from which we get the term “Pie in the Sky”.
https://m.youtube.com/watch?v=RHyGpFncovU
Performed by the late Utah Phillips, as Joe Hill was executed a good 110 years ago.
There’s a great ballad of Joe Hill by Phil Ochs.
Wonder how much of her funding came from people who rape kids with her dad…
If she thinks she’s doing anything that her name doesn’t benefit, she’s fucking stupider than most AI ceos and that’s saying a lot.
Maybe even stupid enough to not know the reason her dad’s company took off is her grandparents worked for Xerox and just gave him a bunch of IP including the first computer mouse and a shit ton of money.
The Gates family is a nepo family, they’re just all too stupid to understand and legitimately think they have the same opportunities as anyone else.
“Wow, what does your startup do?”
“It synthesizes mining crypto by capturing efforts from Microsoft users trying to uninstall bloatware in Windows 11”
Is this the same entitled bitch who got a $1,000,000 ranch as a present?
Maybe pay some fucking taxes, Phoebe.
To quote Pearl Jam:
Born on third,
Thinks (s)he got a triple.
She just wants to be treated like any other totally unqualified person whose mom gave her commencement speed and got handed 100 million dollars to start up a made up company.
Phoebe Cates>>>>>Phoebe Gates
Yep. That’s exactly who I thought. Then I saw the picture and thought, “wow she hasn’t aged a bit!”
She’s going to be another super villain in ten years isn’t she
I hope in 10 years we find out shes secretly a cyborg and meant that litterally, the prototype chip is on (in) her shoulder.
Yes, but she will have really earned it unlike the other trust fund super villains.
Well I guess as long as she has a ‘chip’ on her shoulderFUCK yeah F+G. Rarely seen in the wild.
The featured article under this is titled
Hailey Bieber and Kris Jenner back Phoebe Gates’ fashion tech startup Phia in $8 million seed round
hilarious stuff
What, those aren’t the kind of high powered names you expect to be seeing on Shark Tank one day?
“Child of prominent pedophile has an AI startup” is such a vibe right now.
