Nice comment. Too bad it's immediately proven wrong by reality and hard numbers. Also as a side note: We were talking about ultra wealthy, not people with some

Nice comment. Too bad it's immediately proven wrong by reality and hard numbers. Also as a side note: We were talking about ultra wealthy, not people with some wealth. For the US as a whole only about 10-15% of startup capital ultimately comes from private investors (of which only some are ultra wealthy). The majority comes from institutions (so ultimately mostly from pension funds)[1] Ycombinator obviously also sources capital from institutional investors, though we do not know to what degree. Can't wait to find out where we're gonna move goalposts now - please don't keep me in suspense. [1] https://www.pragmaticcoders.com/wp-content/uploads/2025/09/Pragmatycznie-o.-tym-skad-sie-biora-pieniadze-w-startupach-1.jpeg.webp https://www.pragmaticcoders.com/wp-content/uploads/2025/09/P...