Paul Graham deeply misunderstands the argument against inequality, and he's also dead wrong that starting startups is what makes most people reach. Most wealth is institutional and/or based on rent-seeking. Starting startups is not rent-seeking.

After writing this article, Graham was justifiably annihilated by journalists, fellow VCs, real economists, and founders.

YC-funded founder: http://www.inc.com/jeff-bercovici/paul-graham-wrong-inequali...

Mark Suster: https://bothsidesofthetable.com/why-i-don-t-celebrate-income...

Harvard sociologist: http://qz.com/586563/paul-graham-just-accidentally-explained... and also https://medium.com/@girlziplocked/paul-graham-is-still-askin...

Roundup of several economists: https://www.washingtonpost.com/news/wonk/wp/2016/01/14/what-...