I actually think this is the fundamental reason there are so few entrepreneurs that don’t come from money.

It’s the lack of ‘safety net’ that people here don’t understand: someone that can afford to study in an Ivy League school without incurring massive debt (which is virtually every successful entrepreneur in the valley today) who is going for broke is likely not really taking a massive risk — except to ego. You can always take some money from your parents or move home until you get back on your feet.

If this is not an option — or worse, you have to support parents without having control over their lifestyle (like you would have with your own children) then you are basically going into a high stakes poker game with enough for 2 hands.