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Re:Coinbase lays off around 1,100 employees by TuringNYC on Tuesday June 14, 2022 @05:50PM (#31746500)
>> A lot of wealth is parked in shares of companies. I'm not sure to what extent that is actually productive...?

This is a YC-affiliated/run discussion forum. I think I speak for many entrepreneurs (former or current) that: investing is really, really important.

Investments from VCs (and form their wealthy LPs) makes entrepreneurship something that normal people can do (as opposed to only something rich people can afford to do.)

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