this post was submitted on 01 Mar 2025
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[–] T156@lemmy.world 10 points 1 day ago

Plus wealth generally means power and connections, all of which makes it easier for someone to get wealthy.

Microsoft would almost certainly have never become what it is if Bill Microsoft wasn't wealthy enough to have a family computer ahead of most people being able to have one at home, and his mother wasn't friends with an IBM chair.

Naturally, IBM would be much more likely to hire someone who comes with the recommendation of a higher-up than Afferige Mann, who is applying based on an ad in the paper, and has only worked retail.

Plus wealth gives a safety net. It didn't matter for Bill if the first few Microsofts failed, he can try again until he hits it big. Afferige has non-such luck. If he starts a company and it folds, he may not have the money to start another.