This would be true in a purely deflationary economy with a medieval currency like physical gold (no paper notes on gold either). Saving would be rewarded and in

This would be true in a purely deflationary economy with a medieval currency like physical gold (no paper notes on gold either). Saving would be rewarded and investment could typically only be profitable at someone else's expense. For most of history this was the case. But now that money is printed, wealth is positive sum. Everybody can win. The money that a VC makes from a business originally comes from credit, and the VC reinvests that new money to turn it into new credit eventually via central banks, and money is created recursively. It is not intuitive. People seem to assume the simpler gold-based model is how our economy works when it hasn't been the case for a while.