I agree with the (cynical) view of founders, VCs, and equity. Founders who sell their business to VCs get what they deserve (an education.) Your digression int

I agree with the (cynical) view of founders, VCs, and equity. Founders who sell their business to VCs get what they deserve (an education.) Your digression into the link between stimulus cash, baby formula, and inflation seems somewhat less accurate. Firstly, baby formula (and wheat) are not luxuries. The amount of formula you need is 100% based on your baby, which neither knows no cares how much cash you have. My guess is its the first thing a mother buys, not the last. So excess cash, or lack thereof, has no impact on demand. If demand is stable, that means inflation is caused by constrained supply. Which is exactly what has happened year - close a factory producing significant % of supply, and supply drops. The same with wheat. No one is buying extra bread with their extra bread. But global wheat supply has been affected by the Russian invasion of Ukraine. Yes, extra cash can contribute to inflation, and no doubt that has had some effect, but between the war, and the pandemic the primary inflation seems to be caused by supply issues. And oil. The war drives up the oil price, and that knocks on to everything.