Prominent Venture Capitalist Chris Sacca Retires from Investing

No.

>I think its your responsibility to keep reinvesting a portion of it in high growth startups.

Well then it wouldn't be your money if you are obligated to spend it on certain things.

So if you make your money working for some company (say Google), do you owe working for Google something? Do you owe them say, free tutoring classes after you retire for new employees? Free bathroom cleanings after you retire?

Why do you think someone owes someone else money, just because they are rich?

Not sure if this is sarcastic or not. If it isn't, it's ridiculous.

If this is a bubble, it needs to burst (or, preferably but imaginarily, gradually unwind in a non-traumatic fashion) as soon as possible. That's why bubbles are bad - they're going to burst eventually. Better to do it when they're smaller than bigger. And the goal definitely shouldn't be to keep them going as long as possible by artificially sustaining them with more and more speculative money. (Gee, when has that happened before?)

And if it is not a bubble, Chris Sacca no longer investing in high-growth startups is not going to have any impact.

Yeah. Let's publicly shame someone because we feel entitled to capital they earned.