I'm not sure this article is trying to down play successful ventures from non-stereotypical entrepreneurs but it's making the argument that that the image of the bold, risk taking entrepreneur might not be so accurate in the sense that that aren't really risking that much.
It doesn't say that all successful entrepreneurs are white, male and privileged. It just says that a lot of them are and that the largest indicator was being white, male and privileged.
This comic does an excellent job of summing it up:
I understand this issue perfectly. In the referenced comic strip, I am Paula on the right and my children are on the left side.
What is left out in that strip, is that because of the way I grew up, I am left with a drive to accomplish things that I simply do not see in my own children. The hunger, the drive, the ambition are all from a crappy childhood. The drive is where my success came from, it is what gets me off the floor when life knocks me down. It is the drive that provides the "I refuse to lose" mentality.
I don't claim that this drive is all good. A lot of times I think it makes me a little obsessive and crazy in my need to succeed and reduces the number of days I relax.
It doesn't say that all successful entrepreneurs are white, male and privileged. It just says that a lot of them are and that the largest indicator was being white, male and privileged.
This comic does an excellent job of summing it up:
http://thewireless.co.nz/articles/the-pencilsword-on-a-plate