I dislike these populist, low resolution takes that use rhetorical devices ("gambled" instead of "invested") to try to persuade but are otherwise void of well-reasoned analysis and are more about criticising one's own confusion.
If you want something to be justifiably upset about, it's the carried interest loophole.
You've learned wrong, VC is by definition a category of investments and you attempting to relabel it as gambling is an attempt to persuade via rhetorical device rather than via sound argument.
If you want something to be justifiably upset about, it's the carried interest loophole.