Monday, May 24, 2021

More Proof The Pandemic Didn't Affect The Super-Rich


While most Americans suffered due to the pandemic which kicked off the Trump Recession, that suffering did not extend to the super-rich. Note the chart above from Axios.com. It shows the venture capital investment from 2000 through 2020.

Note that the amount of venture capital invested in 2020 was a record $133.2 billion, and the number of deals done were a healthy 6,300.

The economy in general may not have been doing well, but the rich were still investing and making money.

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