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That claim is just patently false.
Daddy's giving you another $50,000 because he loves you, not because he expects your seventh business (blockchain for yoga studio class bookings) is going to go any better than the last six.
Who's more likely to win, someone with one lottery ticket or someone with a hundred?
Some will read this and laser in on the "socialism" part, but obviously the interesting bit is the second half of the quote.