There are complete industries built on creating zero value for the world (investment banking). Maybe he's watched one too many Oliver Stone movies, but I don't

There are complete industries built on creating zero value for the world (investment banking). Maybe he's watched one too many Oliver Stone movies, but I don't think he understands the importance of investment banking. While SV VC's provide capital to startups on a comparatively small scale, investment banks provide capital to businesses on a much larger scale. Love 'em or hate 'em, they do provide a much needed service to our economy.