Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Family of means, I think, can include "someone I can live with rent free for a couple years." There is not as much in the way of means required as some think, but family itself has become a bit of an economic luxury.

But the larger issue is this: ballooning debt and harsher bankruptcy laws. The simple fact is that if you want to be an entrepreneur, it is hard these days to justify a college education if coming out of it means five figures of debt that you have to pay back. This debt hangs like a stone around the necks of the younger generations who are struggling to swim in turbulent economic waters.

So entrepreneurship becomes a privilege of the wealthy, and yet another way to suck money from everyone else. We don't need a government safety net. We need an organic one.

One option as you say would be something like an entrepreneur's guild. This could be a good idea--- it could function as a sort of labor union among startups, and also a safety net for founders. It could also help ensure that people who enter as early employees make the kinds of contacts that could let them go into business for themselves. And despite functioning as a labor union it would not be one, because the stated business would be to help new entrepreneurs succeed (i.e. it would not be adversarial against management). To work it would have to count as members investors, founders, and workers.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: