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Excellent discussion and insightful perspective. Ah for the good old days when VCs were happy with 1 winner for every 10 losers, and 3 years of honest CPA data were required to go public. Other shadow bankers and Wall Street taught them how to milk the losers, and then get bailed out by the tax payers. What is really disconcerting is that the instance billionaires so tightly attached to the public teet are bankrolling anarcho-capitalists and neofeudalism generally. Also note: https://medium.com/@daneke/a-economy-built-on-sand-silicon-valley-is-a-mixed-blessing-at-best-9b4e0ab71fdf

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Greg Daneke, Emeritus Prof.
Greg Daneke, Emeritus Prof.

Written by Greg Daneke, Emeritus Prof.

Top Economics Writer, Gov. service, corp consulting, & faculty posts (e.g., Mich., Stanford, British Columbia). Piles of scholarly pubs & occasional diatribes.

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