I have nothing against people doing whatever they want with their hard earned cash, but: >Schmidt + SB + LP have 8 private jets. >Elon Musk went around PA in a

I have nothing against people doing whatever they want with their hard earned cash, but: >Schmidt + SB + LP have 8 private jets. >Elon Musk went around PA in a McLaren F1. >Well known Valley VCs keep throwing ostentatious parties and spending thousands of dollars each night in clubs from San Francisco to Ibiza. I don't buy Arrington's views, specially when this man hasn't been to other "rich" parts of the world (e.g. Switzerland, Germany, northern Italy, Sweden, Norway, etc.) and categorizes "the world" as his narrow geographical observations.