True but we do have things crowd funded equity platforms that lower the barrier to entry but these are highly risky bets compared to shelter which most humans need.

BlokchainB

Yes - that bit seems like it was written for a mid twenties software engineer living in the bay area who has been trying yo get into y combinatorial for the past four years (this is also probably the primary readership of their newsletter).

Disregarding that, the useful part seems to me to be that one should stop aiming for home ownership and shoot instead for some (highly risky) bet in an emerging industry.

My biggest question here is this: leverage tied to home ownership in the US is highly subsidized. Most people can't get a loan to invest 300k in a startup as an LP, but they can get that loan to buy a house. This changes the calculus a little I think.

econ

Capital in the 22nd Century - Philip Trammel and Dwarkesh Patel

Scoresby

Yes - that bit seems like it was written for a mid twenties software engineer living in the bay area who has been trying yo get into y combinatorial for the past four years (this is also probably the primary readership of their newsletter).

Disregarding that, the useful part seems to me to be that one should stop aiming for home ownership and shoot instead for some (highly risky) bet in an emerging industry. 

My biggest question here is this: leverage tied to home ownership in the US is highly subsidized. Most people can't get a loan to invest 300k in a startup as an LP, but they can get that loan to buy a house. This changes the calculus a little I think.