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asift | 10 years ago

I think there is a flipside to this too though. If you're not wealthy, you're less worried about living on start-up income. I think you particularly see this among immigrants who realize how incredibly wealthy even the poor in America are by internatiomal standards. People with this perspective are much more willing to drive an old beat up car and share a room relative to someone who feels pressure to keep up with their wealthy friends and family in the suburbs.

Edit: few people work in start-ups as well, so it is probably easy to run into confirmation bias looking at the people you know in your life

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