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I like the use of the phrases "economic inequality that successful startups yield, and which accounts for a lot of the entries in the Forbes 400" and "evidence
by onan_barbarian 16y ago
I like the use of the phrases "economic inequality that successful startups yield, and which accounts for a lot of the entries in the Forbes 400" and "evidence that it would be a complement to call ancedotal" in the same sentence.
Despite the very visible presence of Gates, Buffer, Ellison, etc at the top of the list the Forbes 400 isn't exactly a startup playground (a lot of mineral wealth, the Waltons, a still-pretty decent whack of inherited $$$). The idea that American inequality en masse has much to do with startups is an idea that, well... let's just say it would be a compliment to call it sensible.
I'm sure that the American environment has resulted in great inequalities of outcome among, say, _tech_ firms (e.g. big winners and losers rather than having IBM and the seven dwarves pootle along for decades) but this doesn't translate to a fraction of the effect of, say, big declines in the tax rate paid by the very rich, or changes in the USA's blend of manufacturing or service jobs.
Not staking a position here either way, just saying that bringing startups into this is absurd navel-gazing.
It's hard to see what you're achieving trying to undermine specific points in an opinion piece ("You didn't show evidence that X" looks a lot like "I think you're wrong about X but am trying to look like the bigger man here") with this rather pointless bit of drive-by snark.