I wasn't referring to AirBnB specifically but the gist of my comment is I don't see how an AirBnB clone can justify $90m worth of capital. So maybe my usage of

I wasn't referring to AirBnB specifically but the gist of my comment is I don't see how an AirBnB clone can justify $90m worth of capital. So maybe my usage of the term "pushing humanity forward" may be a lil bit grandiose but i certainly didn't mean giant leaps straight off. For example, i consider Google/Wikipedia to be an invention that "pushed humanity forward" because it raised the collective IQ of the human race (with access to it of course) by a few notches. Both companies certainly didn't need $90m worth of capital initially to start off but benefitted from a few angel investments. What i probably should have said is that the $90m could have better been allocated to things that are more worthwhile to humanity and not investing in just another "clone" of something. But I guess kristofferR is right. At the end of the day, the only thing most investors care about is making money and since it is their money, it is fully in their right to choose what they want to invest in.