Facebook co-founder says its rise reveals the fault lines destroying the “American Dream”

In April 2004, a couple of Harvard undergraduate roommates took a walk in the pouring rain around the university campus. They were two of the three co-founders of an internet company that had launched a couple of months earlier — a social network start-up that we now know as Facebook .

One of the young men, a history student called Chris Hughes , was making his case to the other, a computer scientist named Mark Zuckerberg , about how much he should own of the new company. Hughes was demanding a ten percent equity stake in the social network.

But as […]

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