Free market capitalism was the only solution and some people were giving it a bad name. Somewhere in- between Wall Street and Occupy New York was the truth—and that truth was Angel Investors, who were pumping over $20 billion a year into early or first-round financing for emerging companies, with that amount growing by over 20% a year.
I could understand the anger of the Occupy protesters, but I could not understand what they wanted. This was America, land of the free and home of the brave, and from where I was standing, it looked like a tinderbox full of money ready to explode.
Even in the midst of these historic times, America is an embarrassment of riches, a melting pot of freedom and democracy and money that makes this the greatest country on the face of the earth to start a business. This new reality wasn’t easy, but it was the cure, and entrepreneurs—not protesters— were the heroes, taking on personal risk today to create the wealth and employment opportunities for millions tomorrow.
A new class of Super Angels were being born, using feet on the street to snap up deals, and one of the smartest guys in the room confided in me off the record that he thought Wall Street would become irrelevant in our lifetimes.