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This is painful to read, especially the part about rich establishment late-comers whining about early, small investors getting "too much" payoff. Apparently peo

This is painful to read, especially the part about rich establishment late-comers whining about early, small investors getting "too much" payoff. Apparently people from middle-class backgrounds who "got lucky" don't deserve it. This reminds me of when Mark PinkAss whined in public about the Google chef making $20 million. The people at the top of society really don't want anyone else to win because, as they see the world (and the OP clearly does not subscribe to this) it's completely zero-sum. These people do not believe in fairness at all. They're constantly looking for ways to take advantage of people, which I suppose is how they ended up at the top, but it makes the world ugly and I wish it would stop.

simonh 13y ago
It wasn't a case of establishment late-comers whining. It was a case of establishment late comers not actually coming at all, late or not, because the system was rigged so they couldn't make any money. Since WoTC needed the investment, it was WoTC's problem and so they amended their terms. If you're in a situation where you need to borrow people's money, it's up to you to offer terms that are acceptable to them. If you don't, then there's no law that says they have to lend to you.
JabavuAdams 13y ago
In general, I think these behaviours are better explained by the Hedonic Treadmill theory, rather than by malice. If your $1M house isn't perfect, you start looking at $2M houses. If your monthly costs are what other people hope to make in a year, any decrease in your means seems horrible and unfair. This doesn't address Pincus' comments, but there are jealous rich as well as jealous not-rich.