It feels to me like the whole startup economy is essentially built on making regular people take enormous risks with their lives. R&D used to be quite conserva

It feels to me like the whole startup economy is essentially built on making regular people take enormous risks with their lives. R&D used to be quite conservative and limited, true, but conducted by deep-pocketed companies or governments. Now people are encouraged to take the risks themselves, live a precarious life funding round to funding round, encouraged by a massive but distant carrot most people never even smell. SVB feels like another part on this play. It reads to me like their business model barely made sense - but so what? It would pay while the music is playing, and if it fails, the bag holders are the same start-up hopefuls. I totally think there is a niche for startups, and people who are well-suited to work there, but not at the levels we are seeing. Anyone who can hold a broom is told to set up an "Uber for cleaning" or whatever, and that's not a good idea.