Also, the typical startup journey of "Incubator -> VC funding -> Corporate acquisition" is mostly rent seeking. Corporations use rent seeking (lobbying) to extr

Also, the typical startup journey of "Incubator -> VC funding -> Corporate acquisition" is mostly rent seeking. Corporations use rent seeking (lobbying) to extract huge amounts of money from the government then startups use rent seeking to extract money from corporations. There hasn't been any meaningful 'creative destruction' in the last 10 years; it's all been tech gimmicks.