but regular business takes work and risk of total loss of capital. I can double my money buying Snapchat and then do nothing but watch TV and eat Cheetos for the next 6 months as VCs bid it into the stratosphere
The reality is only 1 in 100 people are likely capable of building a great startup (in the PG sense of "Startup") that succeeds - but there is a huge part of the population that can build out a brick and mortar traditional company.
To put things into perspective, On the App Store, about 3,000 of the 1mm or so apps are capable of supporting a developer in the United states with the Median US Income ($53,800/year).