I completely agree with the more money chasing fewer companies idea. I think this interview with Marc Andreessen explains why there is more money for fewer comp

I completely agree with the more money chasing fewer companies idea. I think this interview with Marc Andreessen explains why there is more money for fewer companies: http://www.vox.com/2014/6/26/5837638/the-ipo-is-dying-marc-andreessen-explains-why http://www.vox.com/2014/6/26/5837638/the-ipo-is-dying-marc-a... The average investor loses in this scenario. Back in the day, retail investors could invest in the growth of companies. These days, the companies don't IPO until they've already grown to be very large. Definitely doesn't help the wealth gap