Thanks for sharing "You Are Not the Product," Harold.

I'd not seen the figures on existing firms being net job destroyers, by the way. That's very interesting and it maps to another point that is probably correlated. When you look at net contributions of equity, there is far, far more money pulled out of firms via dividends and stock buybacks than is actually added as new equity contributions. In short, the stock market acts as a net money extractor from public firms.

Related? Quite likely.