.SteveCase says his focus remains on bringing tech startups and jobs to cities and towns between the coasts. “The idea is of a more level playing field,” Case said. MWMoneyFestival
Steve Case has endured the dot-com bomb in the early 2000s and the media deals of that era. He sees some parallels two decades later.
The cofounder of AOL and author of the forthcoming “The Rise of the Rest: How Entrepreneurs in Surprising Places Are Building the New American Dream” knows a thing or two about treacherous megamedia mergers. He was at the helm of AOL when it traversed a troubled corporate coupling with Time-Warner Inc. in 2000.
With a possible Senate vote on key tech legislation this week, Case is in favor of regulation but with a Three Bears approach — not too severe, but not too lenient. It’s a balancing act, he acknowledged, but necessary as tech titans Apple Inc. AAPL, -1.51%, Alphabet Inc.’s GOOGL, -1.40% GOOG, -1.39% Google, Amazon.com Inc. AMZN, -3.01%, and Facebook parent company Meta Platforms Inc. META, -1.69% accumulate vast riches in revenue and dominant market share coursing through the U.S. economy.
“The idea is of a more level playing field,” Case said. He said the pandemic and the tectonic shift of employees to working from home has accelerated the decampment of tech workers and resources from Silicon Valley and elsewhere to the Midwest and South.
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