It is surprisingly hard to express "the primary demographic for startup founders at the moment is nepobaby failsons" in a way that's appropriate for consumption by investors.
@iris_meredith then what is the problem with this setup? If it's just ambitious start-up with no substance, then they will just burn their money, status quo breaks, they, you, both same now.
If it's a start up that actually works, they are no nepobabies, they are inventors. I don't think there is any problem with some being rich, and intelligent, or is there?
@Fxiz The issue is the negative space. How many worthwhile services do we not have because the only people who can actually try are the nepo babies?
@iris_meredith what kind of services are we talking about? Clubs, pubs or casinos? Because other kind of services are designed to be used by general public and get money out of them. If it's a service for general public and it's bad, we don't use it, they don't earn, they loose business, go broke. If it's a good service, we use it and no one need to care if it is from nepobabies.
And if it's a service for riches, they play with it themselves, no concern for general public as it's their money