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How People Get Rich Now

paulgraham.com

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Re: How People Get Rich Now

#11

Post by aqme28 »

I don't think that the top 100 richest people is a good dataset. You can be extremely rich without making it anywhere near that list.

While a lot of those top 100 people made it to that list by starting companies, I'm curious how many of them did so by leveraging family or inherited wealth.

Re: How People Get Rich Now

#12

Post by eptcyka »

I wonder if it really is easier than ever for the bottom 95% of US citizens (or bottom 95% of the developed western countries) to become rich by starting a business these days.

Re: How People Get Rich Now

#13

Post by tpmx »

burlesona wrote: post #9
tpmx wrote: post #4

What this post looks like on a 40" 4k screen (which btw is an awesome investment for productivity): https://i.imgur.com/gPHT5hI.png

Which model did you go with?

I've generally gone with Philips 40-43 inch displays. I'm on my third one because of office moves etc. They keep changing the models, but they only have one in this size at a time.

Edit: The one I'm currently using is still on sale: BDM4350UC.

Re: How People Get Rich Now

#14

Post by yan »

tpmx wrote: post #4

What this post looks like on a 40" 4k screen (which btw is an awesome investment for productivity): https://i.imgur.com/gPHT5hI.png

To solve the wide-screen, narrow text problem, I once threw together a demo with a hacked up Chromium/WebKit to create a flowing, multi column view mode that created a long virtual scroll surface and scrolled it like newspaper columns: https://vimeo.com/59463521.

It wasn't super intuitive, but wish a modern browser had this.

Re: How People Get Rich Now

#15

Post by onlyrealcuzzo »

It's hard to take this article seriously. People get rich now from companies because multiples have been artificially pushed higher by low interest rates.

If that weren't the case, the top 100 would still likely be dominated by heirs.

All that's changed is the Fed is manipulating the market more now than before, and that's benefiting growth stocks and fund managers of growth stocks... among other things.

Re: How People Get Rich Now

#16

Post by jxidjhdhdhdhfhf »

eptcyka wrote: post #12

I wonder if it really is easier than ever for the bottom 95% of US citizens (or bottom 95% of the developed western countries) to become rich by starting a business these days.

Seems like it, for the simple reason that the infrastructure and process for an average person becoming rich is in place now in a way it wasn't in the 80s. For example there are startup incubators, VCs and general startup culture.

Re: How People Get Rich Now

#18

Post by SavantIdiot »

I wish he had listed his classifications. I'm looking at the list now and all I see are tech monopolies, hired C-level names, inheritance, and financiers. A bit different picture than the pro-scrappy-startup narrative Paul has been pushing for over a decade.

Re: How People Get Rich Now

#19

Post by labatyd »

mempko wrote: post #10

Mr Graham writes "You would think, after having been on the side of labor in its fight with capital for almost two centuries, that the far left would be happy that labor has finally prevailed. " Unfortunately Mr. Graham has an outdated view about the "far left". I recommend anyone interested in what a modern "far left" looks like learn about Richard Wolff and the Democracy at Work movement. A startup in a garage wher…

Wouldn’t that just be “the left” with “the far left” reserved for MAP (minor attracted persons gag), ANTIFA, weather underground, etc type organizations that have their hopes invested in the left but see no support from the actual party.
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