Dude calls this "middle class"
He tells his start up story...but leaves this part out:
Early life and education
Rubin was born to a Jewish family, the son of Paulette and Ken Rubin.[10] His mother is a psychiatrist and his father a veterinarian.[11] He grew up in Lafayette Hill, PA where he started a ski-tuning shop in his parents' basement when he was 12[12] and two years later - using $2,500 in bar mitzvah gifts as seed capital and a lease signed by his father - he opened a formal ski shop in Conshohocken, Pennsylvania.[10] named Mike's Ski and Sport.
By the age of 16, he was some $200,000 in debt and was able to settle with his creditors using a $37,000 loan from his father under the condition he attend college.[10] Rubin agreed, continuing to operate the business, which grew to five ski shops before he entered college.[10] He attended Villanova University[11] for a semester before dropping out after realizing a large gain on an opportunistic transaction (buying $200,000 in overstock equipment at a deep discount with $17,000 borrowed from a friend and re-selling it for $75,000).[10]
