Thanks to venture capitalist and society changes, today is better than ever for visions to reach realities.
Today, is probably one of the best time in history for entreprauners because their ideas have a much greater chance of reaching reality than they have ever had. Today, due to stocks in internet companies doing very well, it makes it very easily for many people to get funding for their ideas. And, this is great for the economy because investors are willing to fund investments which were previously considered risky which help make the economy more efficient. And, it is efficiency which is why the U.S. has such a high standard of living because the country can produce more products and services that will be purchased than probably any other country in the world. And, these services/product value divided by the number of people in the U.S. produces excess (discretionary income) which makes life comfortable. The use of intelligence/technology vs. manpower will make the U.S. continue to prosper. Many other countries have farmers working hard all day to produce only a fraction of what an American farmer can do. So, the end of the day, the man that uses technology will have a heaping pile of corn and the other will have only a fraction of what the other has. That is what the economy is all about: getting bigger heaps of stuff. And, that is why countries like the U.S., Japan, and Germany have more stuff than others. The internet will play a big role in helping us get bigger heaps. In the past, investment opportunities were scrutinized. "Have you made money, in the past?" were probably common questions at the time. So, as a result, many ideas went unfunded. So, the result is fewer efficiencies being developed and heaps don't get larger. Now, venture capitalists are throwing money at ideas and the economy will be much better and we will all have much larger heaps. The great thing about it is that we all share the heaps with one another in price reductions due to efficiencies. So, that TV no longer costs $1000, but costs $150, etc. We should all thank these risk takers such as venture capitals becuase they may become poor, but at the end of the day will will have more heaps thanks to them.
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