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It's nice to have a living situation that allows one to take such a financial risk.
Financial risk relative to what?

Startups vanish for a million reasons, up to and including spending investor cash on hookers and blow.

Fortune 500 companies will do layoffs just because the stock price is down on a given day.

I do not understand your comment. If he were rich, then he would not be living on donations.

I think Zig is awesome, btw. Andrew deserves to make a lot more money.

It’s the “everyone doing awesome stuff is privileged” trope. Ignore it.

Agreed re: Zig!

They're either risking their livelihood or they aren't
Not risky at all. If it fails he can just get a job. Good developers are always in demand.