Some problems with this argument: * Value creation is value creation. Even if the optics of how liquidity is realized are changed, what matters is making some

Some problems with this argument: * Value creation is value creation. Even if the optics of how liquidity is realized are changed, what matters is making something people want, not the exit strategy. * There will always be financing options for later stage startups. Super angels will not kill venture capital altogether, as is implied.