Sort of? Society as a whole may support them, but like most parts of this giant machine mess, it's unknowingly. You pay money to the grocery store, which funnels it to the top, and then those leeches take the money and support people like the ceo fool through investment. Repeat for almost every other industry you are forced to partake in to survive.

I have family who have worked in several tech startups. They are funded by venture capitalists dreaming of the next facebook or google, or just selling out to people snatching up advertising methodologies/companies. I'm not going to blame society as a whole for the actions of relatively few people.