This confirms my (admittedly biased) outsider's perspective of startups, where the goal is not to do something useful or even profitable, but rather to fleece i

This confirms my (admittedly biased) outsider's perspective of startups, where the goal is not to do something useful or even profitable, but rather to fleece investors or get acquired by some bigger company. A result of this possibly-to-pessimistic perspective is my belief that it is a tragedy that so many smart, talented people, who could be solving real problems, end up in this shell game.