Noahpinion

Noahpinion

Share this post

Noahpinion
Noahpinion
Getting rich has never been so random
Copy link
Facebook
Email
Notes
More

Getting rich has never been so random

Crypto, easy money, and a burst of pandemic savings have created a vast rolling lottery

Noah Smith's avatar
Noah Smith
May 14, 2021
∙ Paid
15

Share this post

Noahpinion
Noahpinion
Getting rich has never been so random
Copy link
Facebook
Email
Notes
More
4
Share
"Pachinko X-Mas" by jamesfischer, CC BY 2.0

When I was young, I asked my friend, a failed tech entrepreneur, how people get rich. He said “A few people do it with hard work, but most do it by winning the lottery.” By “win the lottery” he meant “have a successful startup that IPOs”; his had gone bust in the dot-com crash (Don’t worry; he eventually starte…

Keep reading with a 7-day free trial

Subscribe to Noahpinion to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Noah Smith
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More