Monday, June 30, 2014

Internet billionaire Nick Hanauer warns of coming revolution


Nick Hanauer, internet entrepreneur, has a message for his fellow "zillionaires": the revolution is coming.

Mr Hanauer, an early investor in internet retail giant Amazon, says like many of his fellow one-percenters, he owns his own yacht, multiple homes and private jet. He says he acquired all his wealth by seeing the potential of the internet and acting on it.

Now, he writes in Politico magazine, he sees a different kind of future, and the outlook for people like him is not a bright one .... http://www.bbc.com