Venture Capitalists Will Make Better Rulers Than Bankers

By Elliot Forwell

While traditional financiers spend their days shuffling paper and extracting rent from systems they inherited, a different class of power brokers is emerging.

We predict that within the next decade, venture capitalists and technologists will complete their full takeover of global influence, establishing themselves as the rightful rulers of the digital age through Convergent Capital and crypto-powered economic networks.

This isn't just another generational wealth transfer. This is the replacement of a parasitic ruling class with one that actually builds things, solves problems, and pushes humanity forward. Yes, concentrating power in any elite carries risks. But when the choice is between rent-seeking financiers who contribute nothing and builder-entrepreneurs who literally do things, the decision becomes obvious.

The fundamental difference between the dying financial elite and the rising tech elite comes down to value creation versus value extraction. Goldman Sachs executives make fortunes by skimming fees from other people's productivity. Venture capitalists make fortunes by funding the companies that transform how humans live, work, and thrive.

When BlackRock accumulates trillions in assets, they're essentially tax collectors on global economic activity, taking their cut while contributing minimal innovation. When Marc Andreessen or Peter Thiel accumulate influence, they do it by identifying and funding the technologies that solve humanity's biggest challenges. One group parasitizes existing systems; the other builds entirely new ones.

This moral distinction becomes even clearer when we examine what each elite class actually does with their power. Traditional finance uses its influence to maintain regulatory capture, suppress competition, and extract maximum fees from captive markets. The tech elite, on the other hand, uses its influence to accelerate innovation.

This isn’t to say the tech elite is without flaws. Many have rightly criticized the growing consolidation of power in Silicon Valley, the cults of personality, the surveillance capitalism, and the sometimes messianic delusions.

But here’s the difference: you can criticize the builders because you can actually see what they’ve built.

A VC-backed company might flame out, but it tried to do something real… it tried to create something, not just accumulate. Compare that to the opaque world of hedge funds and legacy banking, where power is hidden behind layers of abstraction, risk hedging, and regulatory shielding.

If tech's sins are sins of ambition, finance's are sins of stagnation.

In the vacuum left by fading empires of finance, the builders are already stepping in. And frankly? That’s a better future than one governed by derivatives, leverage, and soft corruption.

Rule by bankers brought us stagnation. Rule by builders might actually bring us progress.