Is this a wealth gap reduction scheme? After all, the ultimate investors (outside of sovereign wealth funds at least) are usually pension funds, which tend to be pretty middle class. The beneficiaries of VC here are usually the upper middle class for both actual employees of these firms, and a lot of the beneficiaries of Uber, AirBNB, etc.

This could be wrong, but I think the direction of wealth transfer is worth considering - is this wealth redistribution, or is it the rich and powerful looting the middle class?