The Power Law is the title of Sebastian Mallaby’s spectacular history of venture capital (review here). For those who haven’t read it, they would be wise to. Conservatives in particular.
A read might wake them up to just how easily they’re playing into the hands of the very technology firms they’d like the State to neuter. The great Peggy Noonan is the latest (in her can’t miss Saturday Wall Street Journal column) to call for politicians to get involved when it comes to limiting the allegedly excessive influence of technology companies like Facebook, Twitter, GoogleGOOG, and Amazon.
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