> then one can simply create his/her own startup, bear all the risks (99% of startups fail) and reap all the rewards.
How does that work? Most of the rewards go to the owners of the capital. That's literally the central idea of socialism.
How does that work? Most of the rewards go to the owners of the capital. That's literally the central idea of socialism.
or alternatively - plenty of dual class stock holders (Zuckerberg is prime example), where you still retain control of company, while benefitting from cheap VC and public capital