"Others will say I'm clueless or being misleading by focusing on people who get rich by creating wealth—that startups aren't the problem, but corrupt practices

"Others will say I'm clueless or being misleading by focusing on people who get rich by creating wealth—that startups aren't the problem, but corrupt practices in finance, healthcare, and so on. Once again, that is exactly my point. The problem is not economic inequality, but those specific abuses." Given the 2001 dot-com fiasco and the frequency of ratchets in fundraising I'm surprised that Paul would make an argument that the abuses of finance are separate from the start-up world. In the current system, startups are frequently treated as an investment vehicle by specialized finance firms. There is a lot of moral hazard in the valley that Paul seems to ignore in his piece.