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Most of the US graduates have their degree and a network to fall back on. It's nice to have actual money in the bank, but it can also be acceptable to have a high chance of getting a rewarding job if the moonshot doesn't work.

In other words, human capital.

Most of the entrepreneurs I meet are not going to be homeless if things don't work out. They'll be employed.

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Exactly this many also have parents who can help subsidize them, stay on their parents health insurance until they are 26 and worse case move back home. This isn’t just the privilege rich, this can also be your mid to mid upper income couple who can help their kids out.

Yep, and most of these fallbacks are insurance-like: you can always say you never asked your parents for anything. Like me. Thing worked out, so I didn't need their money. But if they hadn't, I would have a place to sleep and eat.

"But if they hadn't, I would have a place to sleep and eat."

Forgive me for asking, but (if it's acceptable to reduce it to that) isn't joining the army or something gets one covered? The army service would come with the added bonus of not letting you go soft in perseverance and risk taking areas.

/sarcasm

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