Yes. If you are wealthy (i.e. don’t depend on income) you can take big risks. 99% of the US couldn’t afford to spend $250k for a learning experience and a cute blog post.
To me that's almost the exact definition of wealth: not the amount of money that you have, but the fact that you have the freedom to do whatever you want to do - and fail hard at it - with no (or little) negative consequence. When people talk about "living the dream", that's what it means to me: not the life of the idle rich, but the freedom to try and fail - and hopefully succeed eventually - without ending up destitute or dependent on a salary to live (as most of us are).
