PG talks about startups as if they are the best thing that ever happened to this world. The iphone did not come from a startup. Nor did the internet. The world

PG talks about startups as if they are the best thing that ever happened to this world. The iphone did not come from a startup. Nor did the internet. The world needs startups but if the startup fails like the way most of them do... then it's just wasted capital producing a good that has zero utility. Anybody have a good argument for why we need startups for every little stupid business idea? PG almost describes the "entrepreneur" as some sort of genetically superior being.