>In 1982, 84% of the richest 100 people got rich by inheritance, extracting natural resources, or doing real estate deals. Is that really better than a world in

>In 1982, 84% of the richest 100 people got rich by inheritance, extracting natural resources, or doing real estate deals. Is that really better than a world in which the richest people get rich by starting tech companies I'm not sure. I feel like the tech companies are just valued where they are currently based on "extracting natural resources" from willing investors and our privacy and sense of well-being. We need another downturn like in 2000 before we know what is worth what. Internet companies were worth a lot in 2000 too. Turns out a lot of those valuations were bunk. US venture capital funding at 2000 levels again- http://cdn.statcdn.com/Infographic/images/normal/11443.jpeg http://cdn.statcdn.com/Infographic/images/normal/11443.jpeg