Venture capitalists ruled the economy with an iron fist from "summary" of When the Heavens Went on Sale by Ashlee Vance
In the world of high finance, a select group of venture capitalists held the reins of power with an unwavering grip. These individuals were not merely content to dabble in the stock market or dabble in real estate - no, they sought to dominate entire industries with their vast wealth and influence. Their decisions could make or break companies, shape the direction of entire economies, and dictate the fates of countless workers and entrepreneurs. In short, they were the puppet masters of modern capitalism, pulling the strings behind the scenes and reaping the rewards of their calculated risks. Their domination was not achieved through brute force or overt coercion, but rather through a combination of cunning, patience, and sheer financial firepower. By investing in promising startups and innovative technologies, they positioned themselves at the forefront of the next wave of economic growth. They wielded the...
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