[MacsHeadroom]

I'm fairly certain most independently run american crop farms require many multiples of that in capital for around that much revenue if not less and NEED to exist. Of course they aren't good candidates for venture investment capital. But saying they shouldn't exist is probably a bit too far.

[dokein]

You're right, and there's other things like restaurants that require capital and have a cap on earnings.

I should have phrased it as venture capital, which is structured to look for unicorns.

There are other forms of capital that are appropriate for businesses with a high chance of returning a moderate gains instead of a low chance of extraordinary gains.