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I was really confused by the implication of this statement

is someone who has $25k in life savings "poor" or "wealthy"? I agree with you that its a sticky middle, but the post seemed to imply one or the other.

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I think in Rand's case, it means "poor". He has tremendous value built up in his company, but nothing personally to show for it. He's still an unforseen string of bad luck or hospital stay from being completely broke (or worse). That's why some people mention it's okay for him to take some money off the table if he raises additional funding.

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