Interesting argument, just a minor comment/question here...are you aware of the history of the Silicon Valley come and modern VC? Would you say that your argument already accounts for that history?
Silicon Valley is the last 10ft effort at the end of a 5000 years long race made possible thanks to debt.
I also don't buy the hype of Silicon Valley , from a social standpoint it seems a place full of arseholes. Zeros and ones in the bank account, however many won't compensate having to live in such environemnt
Being one of the many "millionaires next door", that is what the American dream has always been about.
