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There is only but so much room in the capital ecosystem for billionaires, even when you factor in creation of wealth through resource-extraction and refinement or labor.

We hear much from the Jobs and Gates of society, and little from the other garage-folk who just didn't make it: they ran out of time, ran out of steam, ran out of funding, or were doing something that would have worked great and made them billionaires if Apple hadn't hit the market three months sooner than them.

Billionaires in garages are a confirmation-bias story.






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