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A comment on The Professor Who Made $10B by Cutting Google Its First Startup Check. Parent comment

Re:The Professor Who Made $10B by Cutting Google Its First S... by kevinpet on Friday May 19, 2023 @10:02PM (#36008761)
It's not about the investor who makes $10B. It's about the economy that you are able to get when you have incentives for people to take these kinds of risks. The investor making $10B along the way is incidental. I mean, not from his perspective of course, but from society's.
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Re:The Professor Who Made $10B by Cutting Google Its First S... by quickthrower2 on Friday May 19, 2023 @10:08PM (#36008777)
Mini-kings might be a good thing for society. Imagine everyone is middle class, and the government is the only entity that has large amounts of money.

I think we are lucky that geeks are also getting rich and may do geeky things (such as things for the greater good), with some of that money.

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Re:The Professor Who Made $10B by Cutting Google Its First S... by c-cube on Friday May 19, 2023 @10:23PM (#36008849)
Everyone middle class, no poors, no homeless? That sounds extremely nice, better than current society's big inequalities.
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Re:The Professor Who Made $10B by Cutting Google Its First S... by quickthrower2 on Saturday May 20, 2023 @01:55AM (#36009681)
Oh I really meant being capped at middle class. But everyone middle class would be great.
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Re:The Professor Who Made $10B by Cutting Google Its First S... by AndrewKemendo on Friday May 19, 2023 @11:10PM (#36009027)
You get an economy where money and power is the highest goal and turned into a religion.

So yes you’re correct, this is precisely the problem.

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