Wednesday, May 30, 2018

More Validation of Our Prediction of a TechLash

Back in 2017, we predicted that there would be much closer scrutiny of big tech companies in 2018, and we continue to see that every month. Zuckerberg continues to testify every few weeks, whether here in the U.S. or in the E.U.

Here's a Wall St. Journal article,  "In ‘Founder Friendly’ Era, Star Tech Entrepreneurs Grab Power, Huge Pay: Silicon Valley financiers are losing leverage to star entrepreneurs."

While this article doesn't address Congressional oversight, it does put startups under a different spotlight, one that might not have occurred two years ago.

The question for us, as always, is how does this affect how the media covers big tech. Again, we think the media will continue to keep a closer eye on big tech than it used to just two or three years ago.