Reuters LAGUNA BEACH, Calif., Oct 18 (Reuters) – Two of the technology industry’s top startup investors took to the stage at a conference on Wednesday to decry the power that companies such as Facebook Inc had amassed and call for a redistribution of wealth.
Bill Maris, who founded Alphabet Inc’s venture capital arm and now runs venture fund Section 32, and Sam Altman, president of startup accelerator Y Combinator, said widespread discontent over income inequality helped elect U.S. President Donald Trump and had put wealthy technology companies in the crosshairs.
The market capitalization of the so-called Big Five technology companies – […]
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