At the risk of oversimplifying, isn't this all just fundamentally a "skin-in-the-game" problem? Which is to say, external investment perhaps makes sense when t

At the risk of oversimplifying, isn't this all just fundamentally a "skin-in-the-game" problem? Which is to say, external investment perhaps makes sense when there's necessarily going to deep sunk costs (which correspond to capital like chunks of land, huge amounts of labor, piles of raw materials) etc. But in the internet age, nah -- which is, your big money companies frequently don't really NEED all this money. So what this really is is just a weird form of risk-play(could be either "gambling" or "insurance" depending on how you look at it) for the rich -- which creates seriously bad incentives; return at all costs?