True. I don't know if this system is really any better than the system of the 90s. We do know that that one led to a market crash and the current one hasn't (yet). But we very well could have more innovation if companies still IPOed early. I really don't know.

My comment was intended to establish a yardstick to judge them by. Society doesn't value free market enterprise because it's great at enriching a small number of people. We don't like that Dropbox exists because it turned its founders and investors into millionaires and billionaires. We value capitalism because it encourages people to bring new products to market. If society's goal was to enrich a small number of people, then we should've stuck with feudalism. But society wants to enrich society.