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Plus there was always investing in other companies, spreading capital, creating new sources of wealth.

Wrong period, but wasn't Jay Miner financed by some dentists when designing the Amiga, initially? This is the sort of thing I am thinking of.

Then there was a period in people largely borrowed against their house/assets to start a company. That is now closed to many.

On the flip-side (looking through pg's eyes), the cost of starting many classes of companies has now essentially dropped to just the time required, as much of the infrastructure, process, software required is free or can be generated or outsourced cheaply.



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