Ayn Rand-inspired 'myth of the founder' puts tremendous power in hands of Big Tech CEOs like Zuckerberg – posing real risks to democracy
- Written by Jerry Davis, Fellow at the Center for Advanced Study in the Behavioral Sciences at Stanford and Professor of Management and Sociology, University of Michigan
Ayn Rand compares entrepreneurs to Atlas, the Greek god who holds up the world. AP Photo/Richard DrewCoinbase’s plan to go public in April highlights a troubling trend among tech companies: Its founding team will maintain voting control, making it mostly immune to the wishes of outside investors.
The best-known U.S. cryptocurrency exchange...