Our country is just shy of $20 trillion in debt because investors spend their cash on startups like mine and expect the government to write it off on their taxes when it fails.
I don't think you understand how tax write offs work. A $1 million loss in investments does not equal a tax bill $1 million less. At most it only means only paying $150k less in taxes (based on 15% capital gains tax). This only off sets other capital gain taxes.
You don't have any magical insight into the industry. You're just drawing conclusions from one data point.
Here are two more data points for you: I've worked at two startups and so far both startups are solid successes.