Now if the culture ever changes and people start hording their money, then I'll agree we have problems. They're hoarding it within their own closed social netw

Now if the culture ever changes and people start hording their money, then I'll agree we have problems. They're hoarding it within their own closed social network. The new purpose of VC is to make trust-fund kids look legitimate (see: Snapchat, Summly, Clinkle). It's the same effect: the ecosystem doesn't die, but gradually becomes uninspiring.