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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-inspired 'myth of the founder' puts tremendous power in hands of Big Tech CEOs like Zuckerberg – posing real risks to democracyAyn Rand compares entrepreneurs to Atlas, the Greek god who holds up the world. AP Photo/Richard Drew

Coinbase’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...

Read more: Ayn Rand-inspired 'myth of the founder' puts tremendous power in hands of Big Tech CEOs like...

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