From my view, the argument behind the article is not very strong. His best data point is that he talked to an entrepreneur who didn't know what to do with $20 million.
The argument that technology start ups don't create value seems to be disproven by the current valuations of Google, Facebook, Twitter, etc.
The argument that technology start ups don't create value seems to be disproven by the current valuations of Google, Facebook, Twitter, etc.