CRED CEO Says “Success Isn’t Club You Can Enter Through Inheritance”, Sparks Debate Online

Kunal Shah, Chief Executive Officer (CEO) of fintech company CRED, has sparked a social media debate after stating that success is not a club that one can enter through inheritance. It all started after Mr Shah took to Twitter to say that most successful parents take away the gift of “struggle” from their children. His post quickly garnered the attention of nearly 500,000 social media users, including Pine Labs CEO Amrish Rau. Reacting to the post, Mr Rau disagreed with Mr Shah and wrote that a privileged upbringing (and hence less struggle) has a disproportionately higher percentage of success.

“Most successful parents take away one gift from their kids which made them successful in first place : struggle,” Mr Shah tweeted on Friday. Responding to this, Mr Rau wrote, “Most successful people have significantly lesser struggle than their parent.  In many cases due to their parents itself. Infact, less struggle and privilege has a direct correlation to success. I know this doesn’t sound good. But it’s plain fact.”