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This is probably smart. Running a startup is stressful enough without worrying that you are risking your friends and family's life savings.


On the other hand, this is how Warren Buffett got his start, and (from his biography Snowball) it seems to have been a strong motivator for him.


Yes, someone wins the lottery. I don't think we should use that as evidence that playing the lottery is a smart financial decision.


I agree. Just pointing out an alternative viewpoint, but I kept thinking while reading the biography that his path to the top was risky and stressful.




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